Senior Executive - Accounts Receivable

Role Overview

Senior Executive - Accounts Receivable at Apparel Group. This role manages end-to-end accounts receivable operations, ensuring financial accuracy, timely collections, and seamless reconciliation across all customer transactions and payment channels.

Role Purpose

Efficiently manage accounts receivable processes, ensure financial accuracy, and support reconciliation, reporting, and compliance activities. Coordinate with internal and external stakeholders to maintain seamless financial operations, process payments, and implement process improvements to enhance collection efficiency while maintaining adherence to audit and company policies.

Key Responsibilities

Accounts Receivable Operations

• Manage end-to-end accounts receivable operations, including customer creation, invoicing, receivables accounting, ageing analysis, collections and account reconciliations.
• Maintain accurate customer master data and ensure compliance with company policies, internal controls and accounting standards.
• Ensure timely posting and reconciliation of customer receipts, including bank and other payment channels.

Collections & Credit Control

• Monitor customer outstanding balances and overdue receivables, ensuring timely follow-up and resolution of payment issues.
• Support credit control activities, including customer credit limits, payment terms and escalation of overdue accounts.
• Follow up with customers for pending invoices, payment confirmations and remittance details.

Reconciliation & Investigation

• Perform customer ledger reconciliations, investigate discrepancies and ensure accurate allocation of receipts against outstanding invoices.
• Ensure accurate reconciliation of sales, deposits, and payments.

Stakeholder Coordination

• Coordinate with sales, commercial and operations teams to resolve billing disputes, inventory reconciliation, credit notes, pricing differences and other collection-related issues.

Reporting & Analysis

• Prepare and monitor accounts receivable ageing reports, collection reports and daily and weekly outstanding statements for management review.

Month-End & Year-End Closing

• Assist in month-end closing, including accounts receivable reconciliation, provisions for doubtful debts, ageing review and balance sheet schedules.

Audit Support

• Support internal and external audits by providing accounts receivable schedules, reconciliations, supporting documents and explanations for outstanding balances.

Process Improvement

• Identify opportunities for process improvement and automation to improve collection efficiency and reduce overdue receivables.