
Account Receivable Executive
4 weeks ago
1. Invoice Preparation:
- Generate and send invoices to customers for goods or services provided, ensuring accuracy and timeliness.
- Verify that invoices align with sales orders or contracts and reflect the agreed-upon pricing and terms.
1. Payment Processing:
- Process incoming payments by check, credit card, bank transfer, or other methods.
- Record payments in the accounting system and update customer accounts accordingly.
- Issue receipts for payments received.
1. Accounts Reconciliation:
- Reconcile accounts receivable ledger to ensure that all payments are properly accounted for and recorded.
- Investigate and resolve discrepancies between customer payments and invoices.
1. Customer Communication:
- Communicate with customers regarding payment terms, overdue invoices, and payment inquiries.
- Send regular reminders and follow up on overdue accounts to ensure timely collections.
- Negotiate payment arrangements and resolve disputes or issues related to outstanding balances.
1. Credit Management:
- Assess the creditworthiness of new customers or clients by reviewing credit reports and past payment history.
- Set and maintain appropriate credit limits for customers.
- Work with customers to ensure payments are received within agreed-upon terms.
1. Reporting:
- Prepare regular reports on accounts receivable aging (e.g., outstanding invoices, overdue payments).
- Provide updates to management on the status of receivables and cash flow.
- Assist in the preparation of financial statements by providing accurate AR data.
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