Browse Jobs
For Employers
Post JobLog inGet Started

AR & Credit Control Section Head

Alexandria Trading and E...
Sidi Gaber, Alexandria

AR & Credit Control Section Head

Sidi Gaber, AlexandriaPosted 1 month ago
203Applicants for1 open position
  • 71Viewed
  • 12In Consideration
  • 0Not Selected

Job Details

Experience Needed:
Career Level:
Education Level:
Salary:
Job Categories:

Skills And Tools:

Job Description

  • Manage the entire receivable accounts (AR) process, ensuring timely and accurate invoices, payment collections, and reconciliation of customer accounts.
  • Develop and maintain AR policies, procedures, and controls to streamline processes and improve collection efficiency.
  • Monitor aging reports and implement strategies for reducing outstanding balances and improving cash flow.
  • Oversee the relationship with clients to address any payment delays, billing disputes, or discrepancies.
  • Manage the accruals accounting process, ensuring that all revenue are recorded in accordance with the matching principle.
  • Assist in the preparation of monthly, quarterly, and year-end journal entries related to accruals.
  • Ensure compliance with accounting standards (GAAP/IFRS) and relevant tax regulations.
  • Support external and internal audits by providing accurate and timely documentation for AR.
  • Oversee timely collection of outstanding client payments and maintain accurate records.
  • Ensure effective and professional communication with clients regarding outstanding balances and payment issues.
  • Develop and execute strategies to minimize overdue payments and enhance recovery rates.
  • Prepare regular reports on collection performance and provide cash flow projections for senior management..
  • Negotiate payment plans and settlements while maintaining positive client relationships.
  • Ensure compliance with company policies, financial regulations, and collection procedures.
  • Oversee the escalation process for overdue accounts and resolve client disputes.
  • Work with finance, operations, and sales teams to streamline billing, invoicing, and collection processes.
  • Coordinate with the legal team for unresolved or high-risk accounts requiring legal intervention.
  • Monitor changes in legislation and industry practices related to debt collection, ensuring the company adjusts its policies and practices accordingly.
  • Analyze client payment patterns to predict future collection issues and adjust strategies proactively.
  • Design incentive programs to encourage timely payment behavior among clients.
  • Manage third-party collection agencies and legal advisors when necessary.
  • Evaluate and revise internal collection and credit policies to minimize credit risk.

Job Requirements

  • Bachelor’s degree in accounting or finance.
  • Min. 5 years of experience in credit control, collections, or accounts receivable management.
  • Experience in logistics and transportation fields industry or related sectors is highly preferred.
  • Strong understanding of billing processes, contract management, and client relationship management in a service-oriented business.
  • A Proven track record of reducing delinquencies and improving collection efforts in a previous role.
  • Strong analytical and decision-making skills with a detail-oriented approach.
  • Excellent negotiation skills with the ability to resolve conflicts and complex issues.
  • Familiarity with financial accounting statements.
  • Hands-on experience with accounting software packages, like QuickBooks, also ERP systems.
  • Advanced MS Excel skills including Vlookups and pivot tables.

Featured Jobs

Similar Jobs

Search other opportunities
JobsAccounting/FinanceAR & Credit Control Section Head