Assist in reviewing credit facilities and customers credit worthiness through available sources (e.g. credit-rating company, payment history) and highlight to superior on any areas of concerns.
Monitor the outstanding against credit lime.
Ensure credit and collection policies and procedures are followed by the Team.
Monitor and ensure Statement of Accounts, reminders, and warning letters by all AR teams are sent on a timely basis.
Accounts Receivable (AR)
Assist in preparation of daily and weekly AR Performance/Tracking Report
Monitor Aging Report and ensure outstanding is paid timely.
Monitor documents released without payment, prompt action and ensure payment is received.
Monitor Dispute Management Report, disputes are resolved promptly, and results are communicated to customers timely.
Monitor waivers requests and ensure waivers are properly authorized as per the policies and procedures.
Manage Demurrage and Detention transactions and ensure all Demurrage and Detention Invoices are billed timely.
Manage outstanding over the credit limits, immediate reminders sent and outstanding collected.
Systematically follow up on collection of outstanding accounts in a manner that will yield the best timely results while maintaining a good relationship with the customers.
Monitor payments are receipted promptly.
Monitor the negative balances and over-payment transactions monthly and ensure refunds are done promptly or offset in accordance with the negative balance policies and procedures.
Monitor and ensure unapplied transactions are applied promptly within a month.
Identify high risk debts; adhere strictly to control procedures to minimize bad debts.
Analyze trends in Accounts Receivable balances or significant changes in payment patterns and to recap major collection problems for weekly Accounts Receivable Meeting.
Liaise with customers, as well as internal personnel, including the sales team.
Resolve all AR-related issues on a timely basis
Requirements
Degree in Finance or professional qualification
5 years of work experience within an Accounts/Finance environment
Great initiative, dedicated, and working as a team in a fast-paced environment.
Good interpersonal, communication and negotiation skills.
Good business acumen for problem solving.
Excellent time management skills and ability to prioritize a demanding workload.
Strong analytical skills and attention to detail.
Competency with huge data analytics
Confidence to deal with a range of stakeholders
Focused. Analytical. Detailed. Precise and accurate. Thorough.
