Job Description

Job Summary:

The Accounts Receivable Coordinator is responsible for managing the invoicing and collection process, ensuring accurate and timely billing, monitoring incoming payments, and maintaining strong customer relationships. This role plays a key part in optimizing the company’s cash flow and minimizing outstanding receivables.

Key Responsibilities:

• Invoice Processing:
  Generate and distribute customer invoices accurately and in a timely manner based on contracts or sales orders.

• Payment Tracking:
  Monitor accounts to identify outstanding debts and ensure timely collection of payments.

• Customer Communication:
  Communicate with clients regarding payment status, resolve discrepancies, and respond to billing inquiries professionally.

• Reconciliations:
  Perform regular account reconciliations, apply payments, and correct any discrepancies in financial records.

• Reporting:
  Prepare aging reports, cash receipts logs, and weekly or monthly AR summaries for management.

• Compliance:
  Ensure adherence to company policies and accounting standards, and support audit processes by providing relevant documentation.

• Process Improvement:
  Assist in identifying and implementing improvements to AR processes and systems for greater efficiency.