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The Accountant, Order to Cash plays a vital role in the team, focusing on managing and enhancing the collection of overdue receivables from customers. This person will collaborate with stakeholders, leverage financial systems, and implement process improvements to ensure efficient and effective collections.
Job Responsibility:
Proactively manage a portfolio of accounts receivable, ensuring timely collection and resolution of outstanding invoices
Monitor and follow up on aged receivables, identifying and addressing collection issues promptly
Initiate communication with customers to secure timely payments and resolve payment discrepancies
Contribute to safeguarding company assets by ensuring timely and accurate collection of receivables
Evaluate credit risk and make recommendations for credit limits and terms to minimize potential losses
Ensure compliance with internal policies, financial regulations, and legal requirements related to collections
Prepare regular reports on receivables status, collections efforts, and key performance indicators
Analyze receivables data to identify trends, opportunities for improvement, and areas requiring further attention
Actively participate in continuous improvement initiatives aimed at streamlining O2C processes and enhancing collections efficiency
Requirements:
Bachelor's degree in finance, accounting, business administration, or a related field
Must have at least 3 years of experience in collections or B2B Collections
Strong understanding of Collections and principles
Experience or exposure in financial analysis, reporting, and data interpretation
Knowledge of compliance regulations and a commitment to upholding them
Experience with financial systems and software applications
Detail-oriented with strong organizational and time management skills
Problem-solving abilities and a proactive approach to issue resolution
Collaborative team player with the ability to work effectively across departments
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