Accounts Receivable Job in Kenya

Accounts Receivable Job in Kenya

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.

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