Accounting StaffSpeedy Angels Logistics Ezpress Inc

Accounting Staff - Credit and Collections
**Job Responsibilities:**
General Ledger Entries: Record credit and collections transactions accurately in the general ledger system, ensuring that financial data is up-to-date and aligned with accounting standards.
Accounts Receivable Management: Maintain the accounts receivable ledger, reconciling it regularly and addressing discrepancies promptly.
Month-End Close: Assist in the month-end closing process, including preparing accounts receivable aging reports, bad debt expense accruals, and financial statements related to credit and collections.
Financial Analysis: Conduct financial analysis related to accounts receivable, bad debt trends, and collection efficiency, providing insights to management for decision-making.
Audit Support: Provide support during internal and external audits by preparing documentation and answering inquiries related to credit and collections processes and records.
Financial Reporting: Assist in the preparation of financial reports, including accounts receivable aging analysis, DSO (Days Sales Outstanding) calculations, and other relevant reports for management and stakeholders.
Budgeting and Forecasting: Collaborate with the finance team to provide input and insights for budgeting and forecasting related to credit and collections activities.
Tax Compliance: Ensure compliance with tax regulations related to accounts receivable, including sales tax and VAT, and prepare necessary documentation for tax reporting
Maintain open lines of communication with customers regarding their credit accounts, including sending invoices, statements, and payment reminders.
Record and process customer payments accurately and promptly, reconciling them with outstanding invoices and maintaining updated account balances.
Initiate collection efforts on overdue accounts by contacting customers via phone, email, or written correspondence to negotiate payment arrangements and resolve outstanding issues.
Regularly generate and analyze aging reports to identify delinquent accounts and take appropriate actions to address them.