Essential Job Functions- Ensures system of internal control and check is in place for processing invoices and cash receipts
- Works with managers and collections agencies on specific accounts
- Manages credit terms and credit amounts to ensure they are in place an adhered to.
- Sets stop limits policies and manages bad debt provisions and write offs.
- Produces reports showing status on past due amounts by location/ client.
- Manages all cash postings, short payments and unallocated cash position to ensure timely and accurate reporting.
- Supervises the daily functions of AP staff with responsibilities for training, disciplinary action and promotion in accordance with company policies and applicable laws.
- Interacts with vendors to ensure timely and accurate payment of invoices
- Plans and implements AP process improvements to improve efficiency and strengthen controls.
- Reviews and analyze AP aging and other AP reports.
- Other duties as assigned
Other Skills/Abilities- Ability to meet deadlines and manage small team
- Proven success in driving down past due amounts and DSO figures.
- Excellent communication skills
- Ability to deal with the challenges that comes from rapid growth
Physical Requirements- Talking, hearing and using hands to operate computer equipment
- Vision abilities required by this job include close vision and the ability to adjust focus
Education and Experience- Minimum of 5 years' experience in managing an AR/AP/GL function with total receivables in excess of $10m.
- Accounting/ Finance degree or equivalent.
- Experience of internal control and internal check systems relative to Credit and collections.
- Experience in dealing with foreign currency receivables.
CERTIFICATIONS AND LICENSES- Professional certification may be required in some areas.
Disclaimer:The above statements are intended to describe the general nature and level of work being performed by people assigned to this position. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
