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Accounts Receivable Leader (AR Leader)

Asia Strategic Holdings
Bahan | Yangon
Verified This job has been verified by the company as a real job vacancy.
21 Sep 2021
Recruiter active 3 days ago The recruiter at this company was last active reviewing applications.
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Accounts Receivable Leader (AR Leader)
Asia Strategic Holdings, Bahan | Yangon

Accounts Receivable Leader (AR Leader)

Asia Strategic Holdings

Accounts Receivable Leader (AR Leader)

Asia Strategic Holdings
Recruiter active 3 days ago The recruiter at this company was last active reviewing applications.
Myanmar - Yangon
Verified This job has been verified by the company as a real job vacancy.

Experience level

Experienced Non-Manager

Job Function

Finance, Accounting, Audit

Job Industry

Consulting/Professional Services

Job Type

Full Time

Job Description

A Fantastic Opportunity for ...

Accounts Receivable

  • Prepare policies and procedures and provide guidance relating to collection, invoicing, recording and AR management.
  • Ensure invoicing, collection, recording of revenue and implementation of accruals in the ERP are processed timely and accurately.
  • Review and confirm daily collection reconciliation prepared by AR Accountants.
  • Generate invoices, send reminders, process payments and post receipts for goods sold or services rendered.
  • Follow up outstanding collections and flag overdue payments to related relationship managers.
  • Register customers in ERP and review accounting entries relating to student, service and other commercial contracts prepared by AR Accountants.
  • Review journal entries for accounts receivable and sales prepared by AR Accountants. This includes creating and tracking deferred revenue schedules.
  • Review accounting entries relating to revenue, unearned revenue, AR, provision for bad debts, etc.
  • Perform account reconciliations and investigate discrepancies.
  • Resolve refund cases and overdue payments by examining billing information, credit terms and payment history.
  • Prepare and send a monthly AR aging reporting for each business unit. The report should highlight risky customers and include possible mitigating actions.

 

AR Function Development

  • Recruit and train AR professionals to be able to manage AR activities independently at any of the businesses across the Group.
  • Work closely with business owners to review and improve AR policies and processes and ensure they are streamlined and catered to a business’s needs. 

 

Cross-functional Coordination

  • Work closely w/ Treasury team to keep track of inflows and to support cash inflow forecasting.
  • Support Treasury Team in developing credit profile check and investigating credit rating of existing customers.
  • Support GL team in managing posting, balance ledger accounts and prepare trial balances.
  • Support GL team in conducting reconciliation of all accounts as needed.
  • Support Sales Team (of each business unit) in developing sales-related memos such as credit options, pricing, promotion, sales program, and others.

 

While the above includes a description of the essential functions of the position, other duties may be assigned. This job description is subject to change at the discretion of management

Open To

Male/Female

Job Requirements

  • Bachelor's degree in accounting or finance
  • Mid-Manager level
  • Fluent in English
  • Extremely organized and attentive to detail
  • Strong with numbers
  • Excellent understanding of accounting and financial reporting principles and practices
  • Advanced skills in Microsoft Excel and Word
  • Familiarity with Enterprise Resource Planning (“ERP”) software systems
  • Accounting certifications (CPA, ACCA or CIMA) preferred

 

What We Can Offer

Benefits

- A competitive salary

Highlights

- Fun, fast-paced work environment
- Diverse and dynamic team

Career Opportunities

- Training and ongoing in-service support
- Career progression