Account Receivable Specialist (Credit Control)

Job Description

• Check Client credit limit and approve or reject releases based on company policies & regulations
• Negotiate payment plans with clients and/or sales team and follow up on credit terms & outstanding balance
• Maintain accurate records of credit & Cash clients, analyze the effectiveness of the company’s credit control system and implement changes to improve profitability and reduce bad debts
• Ensure that clients remit payment on timely basis and chase any overdue invoices
• Develop the credit control system in collaboration with Sales, accounting and company management
• Improve and implement debt collection processes when there are any overdue invoices or payments, and initiate legal procedures if necessary
• Maintain & update Clients master data and ensure no duplications including creating new clients
• Monthly aging reports and reconciliation for requested clients
• Application for cash deposit and collected cheques
• Review & approve refund to clients
• Ensure periodic statements are sent to clients

Job Requirements

• Bachelor’s Degree in Accounting, Finance, Business, or related field with minimum of 5 years relevant experience
• Excellent teamwork, organization and communication skills
• Ability to reconcile accounts with strong analytical skills and attention to detail
• Familiarity with data entry and analysis
• Ability to listen to clients and negotiate winning solutions
• Form good relationships with clients and internal stakeholders
• Competence in Microsoft Office applications, and ERPs
• Good business acumen for problem solving
• Good written and verbal communication skills