
Accounts Receivable Specialist
2 days ago
The Accounts Receivable Specialist plays a vital role in managing and overseeing the company's receivables, ensuring timely collection of payments and maintaining accurate financial records. This position is crucial in optimizing cash flow, strengthening customer relationships, and minimizing outstanding debts.
Duties and Responsibilities:
- Invoicing and Payment Processing
- Generate and issue invoices to customers for vehicle sales, rentals, and services.
- Verify that invoices are accurate and compliant with contractual terms and tax regulations.
- Record payments received from customers and allocate them correctly in the accounting system.
- Process credit notes, refunds, and adjustments as necessary.
- Collections and Credit Control
- Monitor customer accounts to ensure timely collections and follow up on overdue invoices.
- Contact customers via phone or email to remind them of outstanding payments.
- Collaborate with the sales and operations teams to resolve billing disputes or payment issues.
- Evaluate the creditworthiness of customers and recommend credit limits based on financial analysis.
- Reconciliation and Reporting
- Reconcile accounts receivable ledgers and investigate discrepancies.
- Present aging reports and updates on receivables status to management.
- Assist in month-end and year-end closing activities, ensuring accuracy in financial statements.
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