Sr. Executive-Account Receivable,Collections

: Roles and Responsibilities

Collection:

• Effectively communicate with customers to follow up on outstanding accounts receivable.
• Develop and implement strategies to optimize the collection process.
• Monitor and track collection efforts to ensure timely payment of invoices.

AR Aging:

• Work closely with internal teams to resolve any issues impacting AR aging.
• Collaborate with finance and accounting teams to streamline the reconciliation process.
• Identify and escalate any customer accounts that require immediate attention.
• Reconcile customer accounts to ensure accurate and up-to-date records.
• Regularly review and analyze the accounts receivable aging report.
• Identify and resolve any discrepancies or variances in a timely manner.
• Timely and Accurate Reconciliation:

Timely Recognition of Revenue and Invoicing:

• Ensure accurate and timely recognition of revenue in compliance with accounting standards.
• Address any billing discrepancies or inquiries from customers.
• Generate and distribute customer invoices promptly.

Relationship Management:

• Build and maintain strong relationships with customers to facilitate the collection process.
• Address customer concerns or inquiries related to accounts receivable.
• Collaborate with sales and customer service teams to address customer needs and enhance the overall customer experience.

Reporting and Analysis:

• Conduct analysis and provide insights to management regarding AR trends and key metrics.
• Prepare regular reports on accounts receivable performance, aging, and collection efforts.
• Identify process improvements and suggest strategies for optimizing the collections function.