Financial Operations Specialist
2 weeks ago
The role of Accounting Operations Manager is pivotal in ensuring the seamless management of accounts receivable operations within an organization.
This position entails overseeing and supporting the management team to guarantee accurate and timely billing, collections, and reporting processes while fostering excellent relationships with clients.
- Ensure that outstanding payments from clients are collected in a timely manner by establishing effective communication channels and resolving payment discrepancies in a timely fashion.
- Monitor aging accounts receivable reports to identify overdue accounts and escalate issues as necessary to maintain a healthy cash flow.
As part of the management team, you will be responsible for guiding and training the accounts receivable team to ensure high standards of service and productivity. This includes providing day-to-day operational guidance and ensuring the team meets key performance indicators (KPIs) and targets.
The ideal candidate will have a degree in Accounting or a related field, with a minimum of 5 years of experience in accounts receivable or a related financial role. Proven experience in managing or leading a team within an accounts receivable function is also highly desirable.
Key Responsibilities:- Prepare and review regular accounts receivable reports for management, highlighting key trends and providing insights on aging accounts.
- Assist in monthly, quarterly, and annual financial closings, ensuring the timely and accurate recording of receivables.
- Perform detailed analysis of overdue accounts and provide recommendations for collection strategies.
Establish and maintain strong relationships with key clients, understanding their payment processes and ensuring smooth transactions. You will also have the opportunity to contribute to system upgrades or software implementations to streamline receivables processes and implement best practices to optimize workflows.
Compliance and Audit:- Ensure all accounts receivable practices comply with company policies, legal regulations, and financial standards.
- Assist in internal audits and ensure proper documentation and record-keeping for audit purposes.
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