Job Purpose
To manage and oversee the Accounts Receivable function, ensuring timely and accurate invoicing, collections, and reconciliation of customer accounts. The Senior AR Accountant plays a key role in maintaining healthy cash flow, minimizing credit risk. This position supports the finance team by providing insights into receivables performance, resolving complex payment issues, and contributing to continuous process improvement.
Duties & Responsibilities
Payment Cycle
- Generate and send out invoices and claims to customers on regular basis
- Manage guarantee checks & LG ‘s.
- Handle collection of cash & checks on regular basis
Accounting Records
- Maintain financial AR records up to date on regular basis
- Maintain general ledger accounts by reviewing and verifying accounts receivable balances on regular basis
- Correct errors by adjusting AR journal entries whenever required
- Maintain accounts receivable customer files and records up to date along with supporting documents
- Sending customers invoices, payments notifications & credit control
- Proceed with file transfers and receipts
- Finalize monthly reconciliations and mark invoices as paid
- Make sure that estimates are completed, and revenues are printed on time
- Update system and credit agreements log
- Follow up on payment dues and resolve discrepancies and issues
Accounting Reporting
- Provide financial status by preparing special reports as per request concerning specific cases
Requirements & Qualifications
- Bachelor’s Degree in Accounting or Finance
- 3-5 Years of recent experience with Accounts Payable, Accounts Receivable and other functions
- 1+ years of billing and collections (Shipping field is a plus)