Accounts Receivable Officer

Education & Experience

• Bachelor’s Degree in Accounting or any related business degree
  
• Must be a Charted Accoutant
  
• Computer Literacy
  
• Experience in Microsoft Suite (MS Word, Excel Advanced a must, Outlook and PowerPoint)
  
• Minimum 3 years prior work-related experience within a busy finance department;
  
• FMCG experience will be added advantage
  

• Develop, implement, and maintain credit control policies and procedures in line with company objectives to minimize exposure to credit risk.
  
• Set and review customer credit limits based on creditworthiness assessments and ensure customers provide required bank guarantees or other acceptable securities.
  
• Conduct weekly reviews on historic credit accounts ensure accurate reconciliation of customer accounts, by keeping ledgers tidy, ensuring write-off’s journals, unallocated cash and duplicate accounts are actioned on a monthly basis.
  
• Monitor accounts receivable to ensure timely collection of outstanding debts and maintain adequate cash flow.
  
• Conduct regular credit checks and risk analyses to determine whether to extend or withhold credit to customers.
  
• Monitor and report DSO (Days Sales Outstanding) monthly to ensure alignment with company targets.
  
• Prepare debt ageing reports to showing region by region debt.
  
• Negotiate repayment plans with clients owing beyond approved payment terms and escalate unresolved issues to the Finance Manager or Legal Department.
  
• Prepare and distribute weekly ageing analysis reports to the Sales, Finance, and other relevant stakeholders, highlighting high-risk accounts, collection performance, and recommendations for improvement.