Introduction to the Role
As Head of Accounts Receivable Accounting you work directly with the CFO and the Head of the Accounting department. The Head of Accounts Receivable Accounting works to ensure that we are optimizing client and third party logistics collections and maintaining accurate balances of customer accounts.
The position of Head of Accounts Receivable Accountant entails:
Overseeing and supervising the day-to-day operations of the AR department. Managing third party logistics and customer accounts receivable balances and payments, resolve outstanding balances
Supervising a team of Cashiers and Accounts Receivable Accountants
Identifying, correcting and communicating payment posting errors
Researching and recommending accounts for bad debt write off
Overseeing the month-end and year-end close process. Ensuring that the close is performed accurately in accordance with documented policies and with strict adherence to deadlines
Performing thorough review of staff work to ensure accuracy of billings, collections and accounting data
Supervising the Cash Collections team to assist in the accurate application of payments received, the reversal/reapplication of cash as needed in the billing adjustment process
Maintaining an accurate and clean aging report, ensuring that invoicing and credits have been processed and applied in a timely manne
Ensuring compliance with internal controls and accounting policies applicable to accounts receivable billing and collections functions
Assisting with the automation & streamlining of existing accounting procedures with the goal of implementing “best practices”. Suggest improvements to current processes.
Designing and maintain an organizational structure and staffing to efficiently and effectively accomplish the departments day to day tasks, as well as its broader goals and objectives
Training, managing and mentoring staff to promote internal growth and employee retention
Performing miscellaneous ad-hoc research and reporting and other duties as assigned