Title:  Cash Collections Executive

Job Summary

Implement credit policy, processes and internal controls. Conduct financial background and reference checks. Track credit/collection history and follow-up on payments due.

General Responsibilities

• Support superior in managing day-to-day operating expenditures against operating budgets to ensure efficient usage of resources
• Conduct new customers' financial background and reference checks to verify creditworthiness
• Track credit and collection history of existing customers. Analyze customers' payment performance and check for potential credit risks to mitigate potential payment defaults
• Follow up on payments due and check against assigned credit limit/credit policy. Highlight potential debt recovery issues and suggest solutions to recover debts
• Supervise the maintenance of the customer master file and recording of collection transactions/reconciliations to ensure timely and accurate month-end closing. Prepare reports and status updates
• Implement continuous improvement initiatives to streamline existing credit control/collection processes and improve efficiencies through a better utilization of automated systems
• Work closely with internal stakeholders in monitoring collections (e.g. days sales outstanding, monthly collection targets, etc.) and resolving customer payment issues
• Work closely with customers on collections and reconciliation of balances to ensure accurate and timely recovery of payments
• Ensure the team follows company policies, legal regulations, and protocols.

• #LI-PL1

Functional Skills and Knowledge

• Minimum two to five years’ experience in a similar role
• Demonstrate good working knowledge and understanding of the business and industry
• Demonstrate good working knowledge and application of local/international accounting standards, principles and practices; credit control experience is preferred
• Proven hands-on experience in SAP accounting applications is an advantage
• Demonstrate basic research and analytical skills
• Demonstrate fluency in local language and ideally in English, both written and spoken

Education

• Degree or professional qualification in Accounting/Finance or a related discipline