Finance Senior Consultant

:
- Job Summary:The Finance Senior Consultant AR, CM, and Advanced Collections will lead and manage the accounts receivable processes, credit management, and advanced collections functions within the organization. This role involves ensuring timely collections, managing credit risk, optimizing cash flow, and developing strategies to enhance the collections process while maintaining strong customer relationships. The ideal candidate will have deep knowledge in accounts receivable management, credit risk analysis, and advanced collections techniques. Key Responsibilities:Accounts Receivable (AR) Management: Oversee and manage the end-to-end AR process, ensuring accurate and timely billing, invoicing, and payments. Monitor and analyze AR aging reports, identifying and addressing issues related to overdue accounts. Collaborate with the finance team to ensure accurate financial reporting and reconciliation of AR accounts. Implement and maintain efficient AR procedures and systems to streamline the invoicing and collections process. Credit Management (CM): Evaluate and establish credit limits for customers based on financial risk analysis and company policies. Manage the credit approval process, ensuring that all credit applications are thoroughly reviewed and approved before extending credit. Monitor customer creditworthiness and assess the impact of changes in their financial position. Provide recommendations for credit risk mitigation strategies and work with stakeholders to reduce risk exposure. Advanced Collections: Lead and manage the collections process for high-value or difficult accounts, utilizing advanced strategies to recover outstanding debts. Develop and implement collection strategies for high-risk clients or those with significant overdue balances. Negotiate payment arrangements, settlements, and payment plans with customers while ensuring that company policies are followed. Collaborate with legal and compliance teams to initiate legal proceedings for bad debts, when necessary. Continuously evaluate and improve collection workflows to reduce DSO (Days Sales Outstanding) and improve cash flow. Process Improvement and Automation: Identify opportunities to automate and optimize AR and collections processes to enhance efficiency and reduce manual intervention. Work with IT and ERP teams to improve the integration of AR and collections processes within financial systems (e.g., SAP, Oracle). Implement best practices and continuous improvement strategies to enhance the effectiveness of the AR and collections functions. Reporting and Analysis: Prepare regular AR, credit risk, and collections reports for senior management, providing analysis and insights on outstanding receivables and collection performance. Track KPIs (e.g., DSO, aging reports) and ensure that collections goals are met. Analyze collection trends and recommend strategies to address emerging issues or customer payment challenges. Customer Relationship Management: Build and maintain strong customer relationships to ensure timely payments and resolve any disputes or issues affecting collections. Work closely with sales, customer service, and legal teams to resolve disputes and ensure the continuity of customer relationships. Educate customers on credit policies, payment terms, and consequences of non-payment. Team Leadership and Collaboration: Lead and mentor a team of AR specialists and collections agents, providing training, support, and performance evaluations. Foster cross-functional collaboration between finance, sales, customer service, and legal departments to ensure alignment in collection efforts. Ensure that the team adheres to company policies, regulatory requirements, and best practices in AR management and collections. Key Skills and Qualifications:Education: Bachelors degree in Accounting, Finance, or a related field. Professional certifications such as CPA, CTP (Certified Treasury Professional), or related finance certifications are a plus. Experience: Minimum of 5 years of experience in accounts receivable, credit management, and collections, with a proven track record of managing high-value collections. Experience in advanced collections techniques, credit risk assessment, and dispute resolution. Strong background in working with financial systems, preferably with ERP software (e.g., SAP, Oracle, Microsoft Dynamics). Technical Skills: Proficiency in AR management tools, financial software, and Excel. Strong understanding of credit risk management, collections strategies, and related regulatory requirements. Experience with AR automation and collections management software. Analytical Skills: Strong analytical and problem-solving skills with the ability to assess complex financial data and make informed decisions. Ability to identify trends and potential risks in the AR aging and collections process. Communication and Negotiation Skills: Excellent written and verbal communication skills, with the ability to communicate effectively with senior management, cross-functional teams, and customers. Strong negotiation skills to manage complex collections and payment arrangements. Leadership and Team Management: Proven ability to lead and manage a team, with experience in coaching, mentoring, and improving team performance. Strong interpersonal skills and the ability to collaborate effectively across departments. Preferred Qualifications:Masters degree in Finance, Accounting, or a related field. Experience in international AR and collections management, including dealing with multinational clients and currency risk. Advanced certifications in collections or credit management (e.g., Certified Credit Executive (CCE)). Work Environment:Office-based with potential for some remote work or flexible work hours. Ability to work in a fast-paced environment with a focus on meeting financial deadlines and goals. Occasional travel may be required for client meetings or business needs. Named Job Posting? (if Yes - needs to be approved by SCSC)

Additional Details
- Global Grade :C
- Level :To Be Defined
- Named Job Posting? (if Yes - needs to be approved by SCSC) :No
- Remote work possibility :No
- Global Role Family :To be defined
- Local Role Name :To be defined
- Local Skills :accounts receivable
- Languages Required::ENGLISH
- Role Rarity :To Be Defined

---