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Accounts Receivable Officer Job in Kenya

Job Vacancy: Accounts Receivable Officer

Reporting To: Chief Finance Officer
Basic Function: The position is accountable for the entire process, including managing the Accounts Receivable policy as well as daily & weekly reviews and monitoring of the portfolio & Payments of existing customers. Assessment of regular payments by the clients with the goal of optimizing the mix of company sales and avoidance & reduction of Non-performing portfolio.
Principal Accountabilities:

·         Accounts Receivable Operations.
·         Maintain the corporate Accounts Receivable policy, creating procedures and policies that ensure timely payments while maintaining a high level of customer retention.
·         Recommend changes in the Accounts Receivable policy to senior management whenever necessary.
·         Manage customer Accounts and Monitor the same on a weekly basis.
·         Work on the Client Defaulters portfolio to eliminate Non-Performing Portfolio.
·         Work with the Finance team on the Repossession policy.
·         Reconciling accounts Receivables on a weekly basis.
·         Liaising with customers, as well as internal personnel including the sales team.
·         Negotiation with Customers in repayment proposals for the amount in arrears.
·         Ensure Customers receive Statements on a monthly basis.
·         Motivate the clients to enforce collections.
Desired Qualifications:
·         4+ years of credit experience in a Financial Institution with a strong Credit Background: Bachelor’s degree in Finance / business and experience with credit management preferred.
·         CPA Part 2 will be and added advantage.
·         Have a thorough knowledge of Accounts Receivable Management.
·         Have considerable experience with customer negotiations.
·         To have worked in a Financial Institution or a reputable Micro Finance.
·         Strong analytical skills and attention to detail.
·         Good business acumen for problem solving.
·         Competency with ERP systems.
·         Confidence to deal with a range of stakeholders.
·         Excellent time management skills and ability to prioritize a demanding workload.
Applicants who meet the above criteria are required to send their applications to recruitment@optiven.co.ke with “Accounts Receivable Officer” being the subject of the email and with detailed CV, names & addresses of three referees.
Only shortlisted candidates will be contacted.
Note: We do not charge any fee for recruitment.

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