Job Purpose:
The Accounts Receivable Section Head is responsible for ensuring the accuracy and completeness of accounts receivable transactions and related general ledger accounts. This role plays a key part in the company’s revenue cycle by issuing invoices, reconciling customer accounts, handling collections, and supporting financial reporting and audits.
Key Accountabilities:
Ensure all Accounts Receivable-related General Ledger accounts are accurate, up to date, and properly reconciled.
Generate and issue customer invoices accurately and in a timely manner based on delivery notes or contractual terms.
Post customer payments by recording cash, checks, bank transfers, and credit card transactions, ensuring correct allocation per customer and payment type.
Process and apply credit notes, returns, and adjustments in line with company policies.
Reconcile customer accounts regularly, investigate and resolve discrepancies or payment disputes.
Maintain accurate AR aging reports, monitor overdue balances, and escalate collection issues as needed.
Coordinate and communicate effectively with the Sales and Customer Service departments to resolve invoice or payment issues.
Assist in the monthly and yearly financial close processes by ensuring AR balances are correctly reflected and supporting journal entries are recorded.
Support internal and external audits by preparing required schedules, documentation, and responding to auditor inquiries.
Contribute to the continuous improvement of AR processes and internal controls.
Behavioral Competencies:
Financial acumen
Plans and aligns
Drives results
Ensures accountability
Manages complexity
Optimizes work processes
Qualifications Required:
Bachelor’s degree in accounting, Finance, or related field.
5–10 years of relevant experience in Accounts Receivable or general accounting.
Strong understanding of accounting principles and AR best practices.
Proficiency in Microsoft Excel and experience with ERP/accounting systems.
Strong attention to detail, accuracy, and organizational skills.
Effective communication and interpersonal skills.
Ability to work independently and collaboratively in a fast-paced environment.
Experience in a manufacturing or trading environment is a plus.
