Accounts Receivable Job in Kenya
Accounts Receivable Job in Kenya Job Vacancy
: Accounts ReceivableReporting To
: Chief Finance ManagerBasic 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.
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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