Assistant Manager Accounts Receivable

The Accounts Receivable Specialist will oversee the management of accounts receivable operations within a manufacturing environment. This role ensures the timely collection of customer payments, maintains accurate customer ledgers, and supports effective credit control in alignment with company policies and financial procedures. The position requires close collaboration with Sales, Finance, Dispatch, and Commercial teams to resolve discrepancies and improve collection processes, contributing to the company’s overall financial health.

Key Responsibilities

- Manage daily accounts receivable activities, including customer invoicing, ledger maintenance, and timely transaction recording.
- Reconcile customer accounts by investigating discrepancies and resolving outstanding balances in coordination with Sales and Finance departments.
- Monitor outstanding receivables, follow up on overdue payments, and support timely recovery of customer balances according to agreed credit terms.
- Oversee customer credit limits, payment terms, and overdue exposures, escalating potential credit risks to relevant authorities when necessary.
- Ensure accurate and timely processing of sales invoices, credit notes, debit notes, and all supporting documentation.
- Prepare periodic accounts receivable ageing reports, collection summaries, and outstanding balance analyses for management review.
- Collaborate with Sales, Dispatch, and Commercial teams to address billing disputes, payment discrepancies, and other customer account-related issues.
- Support monthly and annual closing activities by verifying accurate receivables balances, performing reconciliations, and making necessary adjustments.
- Maintain compliance with company policies, financial controls, tax requirements, and audit procedures while ensuring proper record-keeping.
- Identify and implement opportunities to improve collection efficiency, reduce overdue receivables, enhance documentation, and increase the accuracy of accounts receivable reporting.

Required Qualifications

- Bachelor’s or Master’s degree in Finance, such as BBA or MBA Finance, or an equivalent qualification.
- 3 to 4 years of relevant experience in accounts receivable and credit control functions.
- Strong understanding of accounts receivable processes, credit control, and customer account reconciliation.
- Proficiency in MS Excel and ERP or accounting software systems.
- Excellent analytical skills with a high level of attention to detail and accuracy.
- Effective communication, coordination, and follow-up skills to manage internal and external stakeholder relationships.
- Ability to meet deadlines and resolve account discrepancies efficiently.
- Knowledge of financial controls and reporting requirements, particularly within a manufacturing or industrial setting.

This role offers the opportunity to contribute significantly to the financial operations of a manufacturing company by ensuring efficient management of receivables and credit control. Candidates with a proactive approach to problem-solving and process improvement will thrive in this position.