JOB PURPOSE:

KEY ACCOUNTABILITIES:

•    Accounts Receivable (AR) & Credit Control
•    Monitor, manage, and reconcile accounts receivable for all branches to ensure timely collections and proper recording of transactions.
•    Evaluate customer creditworthiness, conduct financial analysis, and establish appropriate credit limits based on company policies.
•    Implement and enforce credit control policies to minimize bad debts and ensure a healthy cash flow.
•    Liaise with the sales team to ensure that invoices are generated correctly, payment terms are adhered to, and overdue payments are followed up efficiently.
•    Review and analyze ageing reports, assess overdue balances, and provide recommendations for collection actions on delinquent accounts.
•    Ensure that customer payments, credit notes, and adjustments are accurately recorded in the ERP system.
•    Work closely with banks on LCs (Letter of Credits), bank guarantees, and PDC (Post-Dated Cheques) processing.
Financial Reporting & Compliance
•    Maintain accurate and up-to-date financial records in compliance with IFRS, VAT laws, and other local financial regulations.
•    Prepare monthly, quarterly, and annual AR reports, including ageing analysis, customer account reconciliation, and bad debt provisioning.
•    Perform reconciliations for sales transactions, customer ledgers, bank statements, and AR-related accounts to ensure accuracy and completeness.
•    Assist in the month-end and year-end closing processes, ensuring timely and accurate revenue recognition and reconciliation of financial records.
•    Ensure compliance with VAT, WHT (Withholding Tax), and other tax regulations, ensuring proper documentation and reporting for sales transactions.
Operational & Business Support
•    Collaborate with sales, distribution, and finance teams to improve financial processes and align with business objectives.
•    Provide financial insights and analysis to management regarding AR performance, collection efficiency, credit risk exposure, and revenue trends.
•    Support the implementation and improvement of ERP systems (SAP) to enhance receivables and credit management.
•    Work closely with internal and external auditors, providing necessary documentation and explanations for audit requirements.
•    Identify process inefficiencies in AR and suggest automation or digital transformation solutions to improve collection cycles.

QUALIFICATIONS, EXPERIENCE, & SKILLS:

• Bachelor’s degree in in Accounting, Finance, or a related field.
• 3-5 year experience.