AR Section Head - Lamar Egypt

• Assure timely and accurate invoicing.

• Manage and review daily postings, recordings and allocations.

• Review daily bank deposit.

• Update receivables by coordinating and monitoring daily sales order processing and bank remittance transactions.

• Conduct credit checks on all customers, establish and manage limits.

• Resolve collections by examining customer payment plans, payment history, credit line; coordinating contact with collections department.

• Investigate circumstances of non-payment; negotiating and resolving conflicts; expediting payment.

• Monitor and report on deviations from credit standards.

• Verify validity of account discrepancies by obtaining and investigating information from sales, trade promotions, customer service departments, and from customers;

• Resolve valid or authorized deductions by entering adjusting entries.

• Resolves invalid or unauthorized deductions by following pending deductions procedures.

• Oversee client trust accounts, accounts receivable write-offs and payment reversals.

• Research and apply unallocated cash.

• Assist with month-end closing

• Carry out billing, collection and reporting activities according to specific deadlines

• Weekly reporting of invoicing totals/aging totals/cash receipts/invoice adjustments

• Analyze customer financial statements

• Prepare credit approval packages, annual reviews, renewals of credit, client credit proposals and coordinate document preparation and closings.

• Summarize receivables by maintaining invoice accounts; coordinating monthly transfer to accounts receivable account; verifying totals; preparing reports.

• DSO calculation and improvement

• Participate in process improvement projects, and support other management directives as prescribed.

• Market, train, counsel, advise, and communicate credit department policy and procedures to company personnel.

• Participate in major department projects and take an active role in cross-functional teams to assist in driving quality improvements, processes, and initiatives.

• Actively participate and communicate in the team-based work groups that make up the AR Department.

Job Details

Date Posted:	2014-12-28
Job Location:	Alexandria, Egypt
Job Role:	Accounting/Banking/Finance
Company Industry:	FMCG

Preferred Candidate

Career Level:	Management
Gender:	Male
Nationality:	Egypt
Degree:	Bachelor's degree / higher diploma

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Date Posted: December 28, 2014 at 03:38PM

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AR Section Head - Lamar Egypt