Accounts Receivable StaffLTHFood Industries Inc.

ACCOUNTS RECEIVABLE STAFF
 
WORK EXPERIENCE:
Have an equivalent business experience for at least 1 year, as well as a knowledge in:
Credit and Collection
Basic Accounting and Taxation in relation to Sales
ACADEMIC BACKGROUND:
Candidate must possess Bachelor's/ College Degree in Accounting or Business Administration or equivalent
 
COMPETENCY PROFILE:
Strong communication and customer service skills via email and phone, to a vary costumer base.
Must possess the capacity to function effectively in demanding and time sensitive environment.
Excellent oral communication, problem solving skills and a creative thinker with focus in process improvement.
Detailed knowledge of required documentation and a thorough knowledge of taxation related to sales and collection
Attention to details
Analyzing information and dealing with complexity
Ability to used independent judgement and to manage and impart confidential information.
Ability to sort and? or distribute mail.
Ability to read, sort, check, count, and verify numbers.
Ability to work independently in a fast-paced environment
Demonstrates ability for problem resolution and strong negotiation skills.
Able to work in a team environment with the focus on total company success.
Proficient with MS Operation System (Outlook, Word & Excel, PowerPoint); Computer data entry skills.
DUTIES & RESPONSIBILITIES:
Create a credit risk management environment of an acceptable quality; Assist in developing sound, acceptable credit policies.
Ensure credit and collection policies and procedures are maintained.
Reviews and analyzes accounts receivable aging, customer statement of accounts and daily collection report.
Follow up and monitoring aging of accounts receivable to ensure on timely collection and on time payment of customer account.
Works closely with sales operation to ensure credits and collection guidelines are adhered to and resolve quickly collection issues.
Monitor and follow up collection of past dues customer invoices and weekly reporting of collection status to Accounting Head.
Recommends and/ or develops ways to increase collections especially for past dues accounts.
Manage collection activities such as sending collection letters, negotiating with past due accounts and referring accounts to Company lawyers for appropriate legal action.
Post credit/ debit memo remittances to corresponding customer accounts to ensure accurate account receivable balances.
Prepare AR invoices based on Delivery Receipts and reconcile price in Sales Order and quantity in Pick List.
Review credit investigation report for customers applying in credit line and recommend to Accounting head for Approval.
Provide AR invoice copies to Sales Agents for Sale Commission computation purposes.
Approve daily Sales Orders based on the status of the Customers such as outstanding balances and history of payment default.
Reconcile transactions and balances to maintain accurate accounts Check for credit viability on requests for extended terms, and evaluate various adjustments or exception documents.
Maintain bad debts and bad debt recovery records.
Interpret customer financial information t o determine credit worthiness, payment terms and credit limit.
Generate reports detailing paid and unpaid invoices and other accounts receivable activity. Reports typically list active accounts, the status of the accounts collection costs.
Complete year-end accounts receivable, allowance and bad debt write-off analysis and reports.
Provide clerical and administrative support to management as requested.
Contributes to team effort by accomplishing related results as needed.