• Accounts Receivable: Prepare and issue customer invoices, monitor collections, and ensure timely payment processing. Maintain customer payment schedules. Communicate discrepancies to management team, identify slow-paying customers, and recommend collection candidates.
• Credit Review: Perform upfront credit application review. Determine customer terms and limits based on identified factors. Maintain customer accounts to ensure aging is up to date, credits and collections are applied, and uncollectible amounts are accounted for.
• General Ledger Maintenance: Maintain accurate and up-to-date financial records by recording transactions, reconciling accounts, and verifying entries. Assist with month-end and year-end closing procedures.
• Bank and Cash Management: Reconcile bank statements, monitor cash flow, and manage petty cash. Prepare bank deposits and ensure accurate recording of all financial transactions.
• Compliance and Reporting: Exercise integrity and confidentiality in financial reporting. Assist in ensuring compliance with relevant accounting principles, laws, and regulations. Support the preparation of tax filings, financial audits, and other financial reporting requirements.
• Process Improvement: Identify opportunities for streamlining accounts receivable processes and implementing best practices. Collaborate with the team to enhance efficiency and effectiveness within the finance department.
• Cross-Functional Collaboration: Collaborate with other departments, such as operations, sales, and purchasing, to gather and analyze financial information. Provide financial insights and support decision-making processes.
• Assume other duties and responsibilities as assigned by management.
|