Finance Officer
Full-time
Entry Level
Job Overview
- Monitor and manage the company's accounts receivable portfolio.
- Maintain debtors accounts – disbursements, limits, holds, payments, reconciliation.
- In discussion with the GM, implement credit control procedures to ensure timely payment collection.
- Monitor changes to credit terms.
- Follow up with customers to resolve overdue payments and negotiate payment plans when necessary.
- Initiate collection actions for delinquent accounts in accordance with company policies.
- Build and maintain strong relationships with customers to facilitate smooth credit transactions.
- Address customer inquiries and concerns related to credit terms, invoices, and payments.
- Collaborate with sales, operations, and admin team to resolve disputes and expedite payment processes.
- Work closely with clients and all inter - departments.
- Prepare regular reports on accounts receivable aging and collections performance.
- Analyze credit data and trends to identify potential risks and opportunities for improvement.
- Provide recommendations to management for optimizing credit collections and customer ratings.
- Ensure compliance with internal credit policies, as well as external regulatory requirements.
- Stay updated on industry regulations and best practices related to credit management.
- Any other tasks requested by immediate supervisor.
- Other duties as required