Account Receivable Supervisor


General Information


Company:
Falco Sales and Distribution
Job Type:
Accounting/ Finance
Location:
Lebanon
Date Posted:
Jun 19, 2024
Salary:
Unspecified
Employee Type:
Full-Time Employee
Gender:
Both

Description


In this role, you will be the driving force behind the daily operations of the accounts receivable and billing department, ensuring precision in the processing of invoices, collections, and reconciliations. Leading a team of Accounts Receivable and Billing Specialists, you will provide guidance and support to ensure the attainment of departmental goals.

Duties & Responsibilities
• Oversee the day-to-day operations of the accounts receivable and billing department, ensuring efficient and accurate processing of invoices, returns, credit notes, and collections.
• Lead and mentor the receivable team, providing guidance, training, and performance feedback to ensure high-quality work and professional development.
• Manage the billing process, including reviewing and approving invoices, ensuring accuracy, and resolving any discrepancies or billing issues.
• Collaborate with internal departments, such as sales and customer service, to resolve billing inquiries and disputes in a timely manner.
• Monitor accounts receivable aging reports to identify delinquent accounts and implement appropriate collection strategies to minimize bad debt and improve cash flow.
• Conduct regular meetings with the team to review progress in assigned projects, reconciliations and measure deadlines.
• Develop and maintain standard operating procedures for the accounts receivable and billing department, ensuring adherence to company policies and industry regulations.
• Prepare reports on departmental performance, including aging analysis, and collection efforts, to senior management.
• Collaborate with cross-functional teams to implement system enhancements and automation to streamline the accounts receivable and billing processes.
• Assist the Accounting Manager in controlling the accounting entries and all related issues

• Manage & post daily account receivables transactions.

• Make sure accounts are updated in a timely manner (Provisions …)

• Support monthly, quarterly and annual closings.

• Prepare calculations and book monthly/yearly Rebates.

• Manage & follow up the progress in customers Reconciliation project. And support the team in reconciliations.
• Maintain strong relationship with customers accounting department and conduct regular weekly visits to customers to solve discrepancies & make sure the SOA is well reconciled and we are aligned.
• Follow up with customers on pending issues and finalize reconciliations.
• Weekly update of customers reconciliation status report.
• Control & post daily cash transactions in the branches.
• Ensure proper follow up on collection.
• Work closely with the sales team and resolve all issues with customers
• Settlement of invoices related to collection and management of aging.
• Comply with financial policies and regulations.
• Perform other duties as assigned.

Competencies
• BA or TS in Accounting
• 5+ years accounting experience in similar role.
• Proven experience in managing a team.
• Strong knowledge of Microsoft Excel and proficiency in data analysis.

Knowledge, Skills& Abilities
• English language, French is a plus.
• Strong leadership skills with the ability to motivate and develop a team.
• Excellent organizational and time management abilities to meet.
• Ability to manage multiple priorities in a fast-paced environment.
• Exceptional attention to detail and accuracy in data entry and financial calculations
• Excellent written and verbal communication skills for effective interaction with internal and external stakeholders.
• Strong analytical and problem-solving skills to identify and resolve issues promptly.
• Ability to work independently and collaboratively within a team environment.
• Knowledge of generally accepted accounting principles (GAAP) and relevant regulations.
• Strong understanding of accounts receivable and billing processes, including invoicing, collections, and reconciliations.
• Ability to adapt to changing priorities and work well under pressure in a fast-paced environment.
• Business ethics, Team player, Confidentiality.

Company Profile