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Job Description

Receivables Accountant (AR) position involves overseeing the billing, invoicing, and collection of outstanding payments from clients or customers, and is responsible for maintaining accurate financial records, ensuring timely payment processing, and resolving any discrepancies to uphold strong cash flow and financial stability.

Key Responsibilities:

• Generate accurate invoices for products or services rendered to clients or customers.
• Ensure invoices are correctly formatted, include all necessary details, and are dispatched promptly.
• Record incoming payments, including checks, bank transfers, and credit card transactions.
• Reconcile payments with invoices to verify accuracy.
• Follow up on overdue payments through email, phone calls, or letters.
• Regularly reconcile accounts receivable ledger to ensure accuracy and completeness.
• Investigate and resolve discrepancies or issues related to payments or invoices.
• Ensure accurate application of tax charges and exemptions on client invoices.
• Liaise with Tax Department in connection with tax enquiries, tax audits and documents required for tax exemptions or special tax rates.
• Set credit limits and terms, and monitor adherence to credit agreements.
• Implement collection strategies to minimize overdue accounts.
• Ensure compliance with accounting policies, regulations, and best practices.
• Maintain organized and complete documentation for all accounts receivable transactions.

Job Requirements

Qualifications:

• Bachelor’s degree in Accounting, Finance, or a related field.
• 2- 3 years of proven experience in accounts receivable or a similar financial role.
• Proficiency in dealing with ERP systems and Microsoft Excel.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal abilities.
• Attention to detail and accuracy in financial record keeping.
• Knowledge of relevant accounting principles and regulations.

Preferred Skills:

• Previous experience in Service Centers is highly preferred
• Negotiation skills for dispute resolution.
• Multilingual skills may be advantageous, depending on the client base.