Financial Receivables Manager
2 days ago
Job Description
This role involves monitoring and managing customers' accounts and billing, ensuring that all billing is processed and payments are recorded accurately and efficiently.
Duties and Responsibilities:
- Responsible for invoicing customers for goods sold and services rendered according to the customer's contract.
- Maintain accounts receivable records to ensure accuracy and efficiency in billing and payment processing.
- Perform financial transactions, including verifying, classifying, computing, posting, and recording accounts receivable data accurately.
- Process accounting receivables and incoming payments in compliance with financial policies and procedures.
- Send monthly statements, reminders for on-time payment, aged receivables, billing issues, and other AR inquiries to customers.
- Review blocked orders and assess customer account performance, including payment history and disputes.
- Investigate and resolve discrepancies or inquiries, initiating requests for clarification with the operations team as needed.
- Reconcile the accounts receivable ledger to ensure accuracy and completeness.
- Identify delinquent accounts and contact delinquent account holders to request payment.
- Prepare quarterly collection forecasts and support quarter-end collection targets.
- Perform month-end close activities and other ad-hoc tasks assigned.
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