Cash Flow Manager

4 days ago

Cuddalore Mayiladuthurai Chidambaram, India beBeeReceivable Full time
Job Title: Receivable Officer

Our organization seeks an exceptional Receivable Officer to manage and oversee the daily operations of the branch's receivables. Key responsibilities include ensuring timely payments, minimizing bad debts, and developing effective strategies to improve cash flow.

Key Responsibilities:
  • Manage and oversee the daily operations of the branch's receivables, ensuring timely payments and minimizing bad debts.
  • Develop and implement effective strategies to improve cash flow and reduce outstanding amounts.
  • Collaborate with the collections team to identify and resolve issues related to overdue accounts.
  • Analyze financial data to provide insights on trends and areas for improvement in the bank's receivables.
  • Maintain accurate records and reports of all transactions, including receipts, payments, and account balances.
  • Ensure compliance with regulatory requirements and internal policies related to receivables management.
Requirements:
  • Strong understanding of financial concepts, including accounting principles and credit risk assessment.
  • Excellent communication and interpersonal skills, with the ability to work effectively with customers and colleagues.
  • Proficiency in MS Office applications, particularly Excel, and familiarity with banking software systems.
  • Ability to analyze financial data and provide actionable recommendations.
  • Strong problem-solving skills, with the ability to think critically and creatively.
  • Commitment to delivering high-quality customer service and maintaining a positive attitude in a fast-paced environment.

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