Junior Manager - Account Receivables & SG&A
Job details
Job Purpose
The Junior Manager - AR & SG&A - O2C is responsible for ensuring accurate financial recording, monitoring, and reporting within the Accounts Receivable and SG&A domains. This role includes overseeing provisions, general ledger (GL) reconciliation, SG&A analysis, and upholding the credit policy to optimize cash flow and support financial decision-making.
Key Responsibilities
Provisions Recording & ControlRecord provisions accurately and ensure compliance with financial policies and procedures.
Monitor provisions to maintain an accurate financial position for AR and SG&A accounts.General Ledger (GL) Analysis and ReconciliationConduct regular analysis and reconciliation of GL accounts related to AR and SG&A.
Identify and resolve discrepancies to ensure accuracy and alignment with financial reporting standards.SG&A Follow-Up and AnalysisTrack and analyze SG&A expenses, identifying key variances to the budget or forecast.
Prepare and present SG&A reports to management, providing insights for cost optimization.Interest AnalysisAnalyze interest accrued on AR and other receivable accounts.
Monitor and report interest-related figures to optimize cash flow and financial accuracy.Customer Balance ConfirmationConduct regular customer balance confirmations to verify outstanding balances and maintain accurate records.
Resolve any discrepancies in collaboration with customers and internal teams.Sales Order ReleaseManage the release of sales orders based on credit limits and policy compliance.
Coordinate with the sales team to ensure smooth order processing and adherence to credit policy.Cash Collection and Receivables Follow-UpEnsure timely cash collection and maintain accurate tracking of receivables.
Follow up on outstanding balances, coordinating with customers to facilitate prompt payments.Customer Aging and Bad Debt Follow-UpMonitor customer aging reports and follow up on overdue payments to minimize bad debt.
Collaborate with the finance team to review and update provisions for doubtful accounts.Credit Policy ComplianceEnsure that all AR activities adhere to the company's credit policy.
Conduct periodic reviews of the credit policy and provide recommendations for improvement as needed.Qualifications
Education : Bachelor's degree in accounting, Finance, or a related field.
Experience : 3+ years of experience in accounts receivable, financial analysis, or similar roles; prior experience in O2C processes preferred.
Technical Skills : Proficiency in accounting software (e.g., SAP, Oracle), strong Excel skills, and familiarity with O2C tools.
Soft Skills : Strong analytical abilities, excellent communication skills, attention to detail, and the ability to work cross-functionally.
Key Competencies
Problem-solving and critical thinking
Financial acumen and accuracy
Customer relationship management
Strong organizational and time management skills
Adaptability to a fast-paced environment#J-18808-Ljbffr
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