Accountant - Receivable

The AR Accountant will be responsible for managing all accounting transactions, preparing financial statements, handling accounts receivable and accounts payable, ensuring timely payments, and assisting with tax preparation. This role plays a key part in maintaining the financial health of the company by conducting audits, reconciling accounts, and generating financial reports. The primary focus will be on managing the accounts receivable process, ensuring timely collection of payments, reconciling accounts, and maintaining strong relationships with customers.

Key Responsibilities

:

• General Accounting:
• Manage all accounting transactions, including posting journal entries and updating financial records.
• Handle monthly, quarterly, and annual closings to ensure the accuracy of financial data.
• Reconcile accounts payable and receivable to maintain accurate financial records.
• Compute taxes and prepare tax returns in compliance with regulatory requirements.
• Manage balance sheets and profit/loss statements to assess the financial performance of the company.
• Report on the company’s financial health and liquidity to management and stakeholders.
• Audit financial transactions and documents to identify discrepancies and ensure compliance with internal policies and regulations.
• Reinforce financial data confidentiality and conduct database backups when necessary to protect sensitive information.
• Comply with financial policies and regulations to maintain legal and ethical standards.
• Act as backup for accounts payable to support financial operations as needed.
• Reconcile ledgers monthly and quarterly to maintain accurate financial records.
• Assist in completing audits by providing necessary documentation and information.
• Generate reports of financial status information to support decision-making processes.
• Accounts Receivable Management:
• Generate and issue customer invoices in a timely and accurate manner.
• Monitor outstanding receivables and follow up on overdue payments.
• Reconcile customer accounts and resolve any discrepancies.
• Process credit memos, refunds, and adjustments as needed.
• Maintain accurate and up-to-date AR ledgers and reports.
• Credit Control \& Collections:
• Assess customer creditworthiness and recommend credit limits.
• Implement and enforce credit policies to minimize bad debts.
• Coordinate with the sales team to address payment issues with customers.
• Prepare and send dunning letters or statements for overdue accounts.
• Financial Reporting \& Compliance:
• Prepare AR aging reports and provide regular updates to management.
• Ensure compliance with accounting standards and company policies.
• Assist with audits by providing necessary documentation and reports.
• Support month-end and year-end closing activities.
• Process Improvement \& Coordination:
• Identify and implement improvements in AR processes to enhance efficiency.
• Collaborate with internal teams (sales, finance, and operations) to resolve payment disputes.
• Maintain proper documentation and records in compliance with industry regulations.

Required Qualification:

• Education: - Bachelor's degree in Accounting, Finance, or relevant field.
• Experience: - Min 05 years of proven work experience as an Accountant, with a strong understanding of accounting principles and regulations, including GAAP.
• Hands-on experience with accounting software such as SAP, Oracle and QuickBooks.
• Advanced proficiency in MS Excel, including VLOOKUPs and pivot tables.
• Experience with general ledger functions and financial reporting.
• Strong attention to detail and analytical skills, with the ability to identify and resolve discrepancies.
• Excellent communication and interpersonal skills, with the ability to work effectively in a team environment.