Billing and Accounts Receivable Manager at Cobranet Limited

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
13 hours ago

Additional Details

Job ID
160520
Job Views
23

Job Description






Role Outline




  • A Billing and Accounts Receivable Manager is responsible for managing a team that recovers unpaid debt/money/outstanding amounts owed to the organization.

  • The debts may be fromeither business (commercial collection) or individuals (consumer collection).

  • The credit function plays a vital role in the finance department to ensure that invoices are paid on time to assist the organization.



Typical Duties and Job Responsibilities

The Billing and Accounts Receivable Manager will perform a wide range of duties and responsibilities. These may include, but are not limited to:




  • Managing a team of Credit Control Officers.

  • Formulation of the company's credit policy to mitigate unnecessary risk.

  • Reviewing credit applications and credit references to set credit limits and ensure creditworthiness.

  • Preparing journal entries, credit notes, and assisting with month-end.

  • Review and report on Aged Debtors.

  • Regularly meet and negotiate terms with third-party debt collection agencies.

  • Manage write-offs, bad debt provisions, and set up payment plans.

  • Assisting the broader accounts team.

  • Regularly reviewing the process and procedures to reduce debtor days.



Skills and Attributes

The more common skills and attributes that are needed for this role may include:




  • Previous experience of end-to-end billing and accounts receivable processes.

  • At least 5 years of experience in Credit and receivables and the accounting domain.

  • Working knowledge of Credit law.

  • Staff management experience.

  • Accounting and reconciliation.

  • Strong written and verbal communication skills, especially during difficult customer negotiations.

  • Ability to build relationships with multiple internal and external stakeholders.

  • Ability to multitask.

  • Intermediate computer software skills, including Excel and other accounting packages.



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