We are seeking a highly experienced Receivables and Accruals Accounting Leader to lead our accounts receivable and accruals processes. The ideal candidate will be responsible for overseeing the accurate recording reporting and management of receivables as well as ensuring that all accrued revenue and expenses are recorded properly in the company s financials. This role is essential in maintaining financial integrity ensuring compliance with accounting standards and optimising cash flow management.
- Lead and manage the entire accounts receivable (AR) process ensuring timely and accurate invoicing payment collections and reconciliation of customer accounts.
- Develop and maintain AR policies procedures and controls to streamline processes and improve collection efficiency.
- Monitor aging reports and implement strategies for reducing outstanding balances and improving cash flow.
- Oversee the relationship with clients to address any payment delays billing disputes or discrepancies.
- Collaborate with sales and customer service teams to ensure the accuracy of client billing and resolve any discrepancies.
- Manage the accruals accounting process ensuring that all revenue and expenses are recorded in accordance with the matching principle.
- Review contracts and agreements to accurately determine accrued revenue and expenses.
- Ensure that all accruals are properly recorded in general ledger at monthend and that accrual schedules are updated regularly.
- Oversee the preparation of monthly quarterly and yearend journal entries related to accruals.
- Coordinate with other departments to gather information on expected expenses and revenues that should be accrued.
- Identify and implement process improvements to enhance efficiency and accuracy of receivables and accruals processes.
- Ensure compliance with accounting standards (GAAP/IFRS) and relevant tax regulations.
- Develop and implement internal controls to mitigate risks related to receivables and accruals.
- Support external and internal audits by providing accurate and timely documentation for AR and accruals accounts.
Requirements
- Bachelor s degree in Accounting Finance or a related field (Master s degree or CPA preferred).
- Minimum of 57 years of experience in accounts receivable accruals or general accounting with at least 23 years in a management role
- Indepth knowledge of accrual accounting revenue recognition and financial reporting preferably in a consulting or professional services firm.
- Experience with ERP systems (e.g. SAP Oracle QuickBooks Zoho Books ) and strong proficiency in Excel for data analysis and reporting.
- Excellent leadership organizational and communication skills.
- Strong attention to detail with the ability to manage multiple priorities and meet deadlines.
- Strong ability to analyse financial data and provide actionable insights to improve profitability and manage risks.
- Advanced financial analysis and problemsolving skills.
- Excellent verbal and written communication skills with the ability to convey financial concepts to nonfinancial stakeholders.
Bachelor s degree in accounting and/or Finance is a must Proficient in Microsoft Office Suite, including Outlook and particularly Excel Highly Organized. Analytical Ability. Problem-Solving Skills. 10 years of experience Excellent command of English and computer skills. Strong written and verbal communication skills. Leadership Skills Hands-on experience with accounting software packages, like QuickBooks & ZOHO Books