Description:

About the Role

We are seeking an experienced and detail-oriented Finance & Accounts Receivable Lead to oversee the end-to-end Accounts Receivable (AR) process and ensure accuracy, compliance, and efficiency in revenue accounting and cash collections.

The ideal candidate will have strong expertise in AR operations, billing, collections, reconciliations, and reporting, along with excellent leadership and stakeholder management skills.

This role requires a hands-on professional who can lead a team, streamline processes, and support business growth through effective financial control.

Key Responsibilities:

Accounts Receivable Operations:

- Oversee end-to-end AR processes, including billing, invoicing, collections, and cash application.

- Monitor customer accounts to ensure timely receipt of payments and resolution of outstanding balances.

- Ensure accurate recording of revenue and receivables in compliance with accounting standards.

- Manage debtors aging, credit limits, and payment terms to minimize bad debts.

- Review and approve invoices, debit/credit notes, and adjustments.

Leadership & Team Management:

- Lead and mentor the AR and collections team, ensuring high performance and accountability.

- Establish clear KPIs such as DSO (Days Sales Outstanding), cash collection targets, and aging management.

- Provide training and guidance to improve process efficiency and team productivity.

Process Improvement & Automation:

- Identify opportunities for process optimization and automation within AR and billing functions.

- Collaborate with IT/Finance systems teams to enhance ERP system functionalities (SAP, Oracle, NetSuite, etc.

- Implement best practices for credit control, dispute resolution, and customer communication.

Reconciliation & Reporting:

- Perform monthly AR reconciliations with the general ledger and sub-ledgers.

- Prepare and present periodic AR reports, dashboards, and financial summaries to management.

- Support month-end and year-end closing activities, ensuring accuracy and timeliness.

- Provide cash flow forecasts and variance analysis for decision-making.

Stakeholder & Client Management:

- Work closely with Sales, Operations, and Customer Success teams to resolve billing discrepancies and client queries.

- Build and maintain strong relationships with clients, auditors, and internal stakeholders.

- Collaborate with finance leadership to enhance working capital efficiency and cash flow management.

Compliance & Audit:

- Ensure adherence to GAAP/IFRS standards, internal controls, and company policies.

- Support internal and external audit processes, providing required documentation and explanations.

- Maintain compliance with tax regulations, accounting policies, and corporate governance.

Key Skills Required:

- Strong understanding of Accounts Receivable, revenue recognition, and financial accounting principles.

- Proficiency in ERP systems (SAP, Oracle Financials, NetSuite, or similar).

- Advanced Excel skills and familiarity with financial reporting tools.

- Excellent analytical, problem-solving, and process management abilities.

- Strong leadership, interpersonal, and communication skills.

- Proven track record of reducing DSO and improving collection efficiency.

- Detail-oriented with a focus on accuracy and compliance