Account Receivables Executive

5 days ago

Islamabad, Islamabad, Pakistan Oxbridge Digital Full time

Riphah International University is seeking an experienced and detail-oriented Accounts Receivables Executive to join our finance team. The ideal candidate will be responsible for managing the accounts receivable process, including invoice processing, payment collections, and reconciliation activities. With a focus on accuracy and efficiency, this role is crucial for maintaining the financial health of the organization. The Accounts Receivables Executive does not manage a team but plays a vital part in supporting the overall finance function. A background in the real estate industry is preferred, and suitable candidates should possess a bachelor's degree in finance or a related field, along with 2 to 3 years of relevant experience. Strong skills in SAP, Microsoft Excel, and ERP systems are essential for success in this position.
Responsibilities

  • Manage all aspects of accounts receivable, ensuring accurate and timely processing of invoices.
  • Perform regular reconciliation of accounts to ensure accuracy and resolve discrepancies promptly.
  • Oversee the credit control process, monitoring customer accounts and assessing their creditworthiness.
  • Coordinate and execute payment collection processes, following up with clients to secure prompt payment.
  • Prepare and analyze aged receivable reports to identify overdue accounts and implement effective collection strategies.
  • Maintain comprehensive records of all transactions and communications with customers regarding their accounts.
  • Collaborate with internal departments to resolve billing inquiries and discrepancies in a timely manner.
  • Support the preparation of financial reports related to accounts receivables as required by senior management.
  • Utilize SAP and ERP systems for data entry, reporting, and managing customer account information effectively.
  • Assist with modifying accounting policies and procedures to improve processes related to accounts receivable.
  • Participate in periodic audits of accounts receivable-related processes to ensure compliance with financial regulations.
  • Stay updated on best practices and trends in accounts receivable management to enhance existing processes.
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