Job Vacancy: Accounts Receivable
Reporting To: Chief Finance Manager
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
Microfinance or Banking 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 through the link
https://www.optiven.co.ke/aboutus/careers, 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
any recruitment process.