Accounts Receivable Manager
Accounts Receivable Manager
Recruiter: Network Recruitment
Job Ref: NFR004765/CPi
Date Posted: Thursday, September 26, 2024
Location: Pretoria, South Africa
Salary: R450,000 per annum
Job Overview:
Are you looking for a fulfilling career opportunity in finance? We have an exciting position available for an Accounts Receivable Manager to join our client’s dynamic team in Pretoria East. If you are a proactive leader with a strong background in accounts receivable and financial management, we encourage you to explore this opportunity with us. This role is perfect for someone who is not just looking for a job but a chance to make a significant impact within the organization.
About the Role:
As an Accounts Receivable Manager, you will play a crucial role in overseeing the debtor’s team, ensuring that the company effectively manages its credit and collections processes. This position involves developing and implementing robust credit policies and procedures that align with our business objectives. You will work closely with various departments, including sales and finance, to ensure that our credit policies support the overall goals of the organization.
Your leadership will be instrumental in guiding your team, providing training, and fostering innovation in our credit management practices. You will also be responsible for negotiating payment terms with customers, ensuring compliance with internal policies and external regulations, and keeping up to date with the latest developments in credit management.
Key Responsibilities:
- Oversee the Debtors Team:
- Lead and manage the accounts receivable team, ensuring they are motivated, trained, and equipped to meet their targets.
- Monitor performance metrics and implement strategies for continuous improvement.
- Manage Credit and Collections Functions:
- Develop and implement effective credit policies that minimize risk while maximizing revenue.
- Ensure the timely collection of outstanding debts and manage relationships with debtors.
- Develop Credit Policies and Procedures:
- Analyze current processes and identify areas for improvement.
- Collaborate with stakeholders to design policies that align with business objectives and reduce credit risk.
- Provide Leadership and Training:
- Mentor team members and provide training on credit management best practices.
- Foster a culture of teamwork and accountability within the accounts receivable team.
- Collaborate with Sales and Finance Departments:
- Work closely with the sales team to align credit policies with sales strategies, ensuring both departments support each other effectively.
- Coordinate with the finance department to maintain accurate financial records and reporting.
- Negotiate Payment Terms:
- Engage with customers to negotiate favorable payment terms that support cash flow while maintaining strong customer relationships.
- Ensure Compliance:
- Ensure all credit activities comply with internal company policies and external legal regulations.
- Conduct regular audits of credit activities to ensure adherence to established procedures.
- Stay Updated on Best Practices:
- Continuously research and stay informed about changes in credit management practices and legal requirements.
- Implement best practices to enhance the efficiency and effectiveness of the accounts receivable function.
Qualifications and Experience:
To be considered for the Accounts Receivable Manager position, candidates should meet the following qualifications and experience criteria:
- Educational Background: A Bachelor of Commerce (BCom) degree in Accounting or a Diploma in Financial Accounting or Credit Management is required. These educational credentials will provide you with a strong foundation in financial principles and practices.
- Experience: A minimum of 5 years of experience in a managerial role within the finance or accounting field is essential. Candidates with prior experience specifically in accounts receivable management will have a distinct advantage.
- Skills:
- Proficiency in Microsoft Excel is crucial, as you will be required to manage data and create reports.
- Strong analytical skills to assess financial information and make data-driven decisions.
- Excellent communication skills to effectively interact with team members, customers, and other stakeholders.
- Personal Attributes:
- Ability to thrive in a high-pressure environment, managing multiple tasks and deadlines.
- Strong leadership qualities to inspire and guide your team toward achieving their goals.
- A proactive attitude and a problem-solving mindset to address challenges as they arise.
Why Join Us?
This role offers an exciting opportunity for professional growth within a supportive and innovative environment. By joining our client’s team, you will have the chance to shape the credit management process and contribute to the overall financial health of the organization. You will also enjoy a competitive salary package and benefits that recognize your contributions to the team.
Application Process:
If you believe you are the right fit for this position and are ready to take on the challenges of being an Accounts Receivable Manager, we encourage you to apply directly. We are excited to see how you can contribute to the success of our client’s team.
To apply for this position, please click on the following link: Apply Now. For more finance job opportunities, you can visit the website for additional listings and information.
Conclusion:
The role of Accounts Receivable Manager is vital in ensuring that a company’s cash flow remains healthy and that credit practices align with the broader business strategy. This position not only offers the opportunity to lead a team but also to make strategic decisions that can significantly impact the organization. If you have the qualifications, experience, and passion for finance, we invite you to apply today and embark on a rewarding career journey!
