1.Treasury & Cash Management
- Monitor and manage daily cash flow, ensuring optimal liquidity across accounts.
- Maintain strong relationships with banking partners and financial institutions.
- Oversee working capital and ensure timely availability of funds for business operations.
- Manage foreign exchange and interest rate exposures to mitigate financial risks.
- Develop and implement cash forecasting models and treasury policies.
- Ensure compliance with internal controls and regulatory requirements.
2. Accounts Payable & Expense Oversight
- Supervise vendor payment processing and reconciliation.
- Ensure timely and accurate expense reporting and payment scheduling.
- Maintain documentation standards and compliance with financial policies.
3. Accounts Receivables Management
- Maintain up-to-date customer accounts and ensure accuracy of AR sub-ledgers. Prepare AR aging reports and highlight overdue balances for management review .Coordinate with sales and branch finance teams to resolve billing discrepancies.
- Proactively follow up with customers on outstanding invoices to ensure timely collection.
- Negotiate repayment plans where necessary while maintaining professionalism.
- Escalate problematic accounts to management and recommend further action.
- Track and report collection performance against targets.
4. Credit Control
- Evaluate and assess customer creditworthiness based on financial analysis and payment history.
- Set and monitor credit limits in line with company policy.
- Enforce credit terms and conditions while supporting business growth.
- Identify potential credit risks and propose mitigation strategies.
- Liaise with external agencies, banks, or legal advisors for debt recovery when required.
5. Commission & Incentive Management
- Scheme Validation: Ensure incentive and commission programs align with approved policies, targets, and contractual terms.
- Claim Verification: Review and validate claims submitted by sales teams or branches against performance data and eligibility criteria.
- Accurate Calculation: Apply predefined formulas and KPIs to calculate incentive and commission payouts.
- Disbursement Coordination: Work with payroll and accounts payable to ensure timely and accurate payments.
- Discrepancy Resolution: Investigate and resolve disputes or errors in claims to maintain transparency and trust.
- Performance Monitoring: Track incentive trends, cost impact, and effectiveness to support program optimization.
- Vendor Incentive Claims: Process marketing incentive reimbursements from principals or external partners.
- And any other assignment from time to time
Candidate Requirements
- Bachelor's Degree in Accounting, Finance, or related field (professional certification is a plus).
- Minimum 5 years of relevant experience in finance, treasury, or accounting.
- Strong knowledge of cash flow management, AP/AR, and credit control.
- Experience in cash forecasting, working capital management, and financial reporting.
- Familiar with accounting/ERP systems and Microsoft Excel.
- Good understanding of internal controls and compliance requirements.
- Ability to supervise a team and manage performance.
- Strong analytical, problem-solving, and attention to detail.
- Good communication skills and ability to work with internal teams, customers, and banks.
- Responsible, organized, and able to meet deadlines.
