Accounts Receivable Specialist

About the job
Accounts Receivable Settlement Process Management
Invoice Review and Processing
Review invoices issued to customers and clients to ensure the accuracy and
correctness of receivables, and verify the consistency of invoices, contract
terms, and actual business activities (e.g., service delivery, product shipments).
Exception Handling for Invoices
Timely address exceptions in customer invoices (e.g., discrepancies in
amounts, billing disputes, or contract deviations).
Communicate and coordinate with internal business teams and customers to
resolve disputes, clarify billing terms, and ensure timely reconciliation of
receivables.
Receivables Payment Tracking
Monitor the payment progress of accounts receivable, follow up with
customers on overdue payments, and ensure timely collection to optimize
cash flow.
Maintain regular communication with customers to resolve payment delays,
document payment commitments, and preserve strong customer
relationships.

Accounts Receivable Management
Daily Accounting and Governance
Manage the daily accounting of accounts receivable, ensuring accurate
recording, clear classification, and compliance with accounting standards (e.g.,
GAAP, IFRS).
Conduct regular aging analysis of receivables to identify overdue accounts,
prioritize collection actions, and report aging status to management.
Reconciliation and Cleanup
Collaborate with the finance team to reconcile accounts receivable with
customer statements, resolve discrepancies, and ensure alignment between
books and actual receivables.
Lead periodic cleanup of long-outstanding receivables, coordinate with legal
or collections teams as needed to address uncollectible accounts.
Data Analysis and Reporting
Analyze accounts receivable data, including revenue trends, customer
payment patterns, and collection efficiency, to identify opportunities for
process improvement.
Prepare regular reports on receivables performance (e.g., days sales
outstanding, collection rates) to support management decision-making and
cash flow forecasting.
Compliance Management
Ensure accounts receivable settlement processes comply with national tax
laws, revenue recognition standards, and the company s internal financial
policies.
Perform regular internal audits of receivables workflows to identify and
remediate compliance risks (e.g., improper revenue recognition, billing errors).
Monitor changes in tax regulations (e.g., VAT, sales tax) and accounting
standards that impact receivables, update internal procedures, and train teams
on new requirements.