Accounts Receivables Specialist
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Job Location:
Monthly Salary:
Experience Required:
Posted on:
3 hours ago
Vacancies:
1 Vacancy
Job Summary
Position Objective
Contribute to the Finance team function
Follow department procedures including maintenance and security of financial records
Accurately & competently coordinate and monitor Accounts Receivable tasks
Accounts Receivable Operations
Manage end-to-end AR processes including invoicing cash application and collections.
Monitor aging reports and ensure timely follow-up on overdue accounts.
Reconcile AR ledger to ensure all payments are accounted for and correctly posted.
Liaise with Admissions on student movements (joiners leavers orientation)
Credit & Risk Management
Assess and review customer payment patterns
Set and maintain credit limits and payment terms in line with company policy.
Implement strategies to minimize credit risk and bad debt
Collections & Customer Relations
Develop and execute collection strategies to improve cash flow.
Resolve escalated disputes and maintain strong customer relationships.
Negotiate payment arrangements when necessary.
Compliance & Controls
Ensure compliance with internal financial policies and external regulatory requirements (SSG & IRAS).
Assist in external audits by preparing necessary documentation and schedules.
Revenue Management
Prepare and post monthly revenue recognition entries for tuition fees discounts and other income.
Maintain and update deferred revenue schedules to ensure accurate financial reporting.
Reconcile revenue data between the Admissions and Finance systems ensuring consistency in student year levels and pupil numbers.
Financial Reporting & Analysis
Prepare and submit monthly revenue variance analysis with clear commentary on key drivers.
Assist in the preparation of monthly quarterly and annual financial reports.
Support budgeting and forecasting processes related to revenue and student enrolment.
Monitoring and managing cash flow and bank accounts
Performing analysis for monthly accruals and accurate posting of recurring journals
Process Improvement
Identify opportunities to streamline finance processes and improve system integration.
Collaborate with cross-functional teams to enhance data accuracy and reporting efficiency.
Position Requirements
Excellent communication skills oral and written English numeracy & analytical skills
Flexible with regards to changing duties
Capacity to manage several tasks simultaneously and within work deadlines
Results-oriented high accountability and maturity with the ability to set priorities
Ability to work individually as a member of a team and interact at all levels within the organisation
Strong leadership and excellent people management and development skills
Result-oriented high accountability and maturity with the ability to set priorities
Strong administrative and organisation skills
Qualifications
Accounts Receivable experience
At least 5 years of experience in Finance and Accounting
A recognized Degree in Finance/Accounts ACCA / CPA preferred
Minimum of accounting diploma / degree
Preference for current bookkeeping / accounting experience / debt collection
Experienced & competent IT Microsoft skills - Word Excel databases email and Internet
Working Hours:
8:00 am 5:00 pm Monday to Friday
Required Skills:
Accounts Receivables Specialist
Required Education:
degree / diploma
Company Industry
IT Services and IT Consulting
Key Skills
- Business Continuity Planning
- Food Technology
- ABAP
- Import
- Electrical & Automation
- Adobe
