Position Overview:

The Assistant Manager will be responsible for overseeing the end-to-end Accounts Receivables (AR) functions, ensuring timely collection of outstanding balances, maintaining accurate receivables records, and implementing effective credit control policies. The role involves managing a team, coordinating with internal departments and customers, and assessing creditworthiness to mitigate credit risk.

Key Responsibilities:

1.Accounts Receivables Management

Oversee daily AR operations, including invoice processing, payment posting, and reconciliation.

Monitor aging reports and ensure timely follow-up on overdue accounts.

Ensure accurate and timely recording of receivables in the accounting system.

Prepare regular AR reports and analysis for management review.

2.Credit Control & Assessment

Develop and implement credit policies and procedures in line with company risk appetite.

Conduct credit assessments for new and existing customers, including reviewing credit applications, financial statements, and credit references.

Set appropriate credit limits and payment terms based on creditworthiness.

Monitor customer credit exposure and proactively manage potential credit risks.

3.Collections & Dispute Resolution

Lead collections efforts to recover outstanding receivables, including drafting collection letters and making collection calls.

Resolve billing disputes and coordinate with relevant departments to expedite resolution.

Negotiate payment arrangements with customers as necessary.

4.Team Management & Development

Supervise and mentor the AR team to ensure operational efficiency and adherence to policies.Conduct regular training and performance reviews for team members.

5.Process Improvement & Compliance

Identify opportunities to streamline AR and credit control processes for greater efficiency.

Ensure compliance with internal controls, audit requirements, and relevant accounting standards

6.Stakeholder Collaboration

Liaise with sales, finance, and customer service teams to resolve issues impacting receivables.

Maintain strong relationships with customers to facilitate smooth collections.

Qualifications & Skills:

Degree in Finance, Accounting, or related field.

Proven experience in Accounts Receivables, credit control, or finance roles.

Strong understanding of credit assessment and risk management.

Excellent communication, negotiation, and interpersonal skills.

Leadership skills with the ability to manage a team effectively.

Proficiency in ERP systems and MS Office application