Account Receivable Accountant

NRTC Group Of Companies

The Account Receivable Accountant will be responsible for ensuring all the customers outstanding are collected within the credit period and credit limits and these the customer s credit limits, and the period does not exceed beyond the agreed time-period.

The role is also responsible for ensuring the company assets (outstanding money) are protected and safeguarded through stamped invoices and balance confirmations are obtained timely from all customers.

Key Responsibilities

Monitor and Reconcile Accounts

• Review AR, notes receivable, and cheques; ensure records match sub-ledgers with no discrepancies.
• Review monthly ageing reports and flag customers who exceed credit limits or terms.

Set and Track Collection Targets

• Set monthly collection goals with the AR Controller.
• Monitor daily collections and resolve any shortfalls or uncollected cheques.

Customer Follow-up and Collection

• Follow up daily with customers via email, calls, and visits to collect payments.
• Post payments to customer ledgers and reconcile accounts.
• Obtain and maintain customer balance confirmations (monthly, quarterly, yearly).

Reporting and Forecasting

• Prepare daily reports comparing outstanding amounts with customer credit limits.
• Forecast collections for the next 4 months and update cash flow accordingly.

Address Overdue and Challenging Accounts

• Immediately follow up with customers exceeding limits.
• Visit and manage slow-paying customers; ensure cheques are collected and invoices are stamped.

Team Coordination and Review

• Join daily meetings with the AR Controller to review collection status.
• Participate in weekly and monthly AR review meetings with Finance and AR teams to discuss progress, issues, and action plans.

Month-End and System Efficiency

• Support month-end AR closing activities.
• Identify doubtful debts and discuss with the AR Supervisor.
• Improve efficiency by using and mastering the FOCUS AR module.