Accounts Receivable Manager
2 weeks ago
Job Title: Accounts Receivable Manager
Job Summary: We are seeking an experienced Accounts Receivable Manager to join our team at Fed Group. As a key member of our finance department, you will be responsible for overseeing the accounts receivable operations and ensuring the accuracy and integrity of income auditing processes.
Key Responsibilities:
- Supervise and mentor the accounts receivable and income audit team, providing guidance and support to ensure high performance.
- Conduct regular catch-ups and provide feedback and training to team members.
- Oversee the accounts receivable process, ensuring timely and accurate invoicing, payment processing, and collections.
- Monitor the aging report and ensure debts are collected in a timely manner.
- Collaborate with various departments to ensure timely collection of payments and assessing any risks attached.
- Work closely with the collection agency if necessary.
- Collaborate with the finance team to ensure accurate and timely closing of the month end.
- Perform balance sheet reconciliations.
- Handle escalated guest inquiries and disputes regarding invoices and payments in a professional and timely manner.
- Develop and maintain positive relationships with stakeholders.
- Identify opportunities for process improvements within the finance department and other departments.
- Lead initiatives and work with the Digital Transformation Analyst to automate manual processes and leverage technology to improve financial operations.
- Enforce credit policies and procedures and conduct credit checks on new and existing customers to assess creditworthiness.
- Prepare for and coordinate internal and external audits related to accounts receivable and revenue recognition.
- Address audit recommendations and implement corrective actions as needed.
- Lead or participate in special projects and initiatives as assigned by senior management.
- Prepare ad-hoc reports and analysis as requested by senior management.
- Oversee the travel agency commission process and ensure payments and inquiries are addressed promptly.
Requirements:
- AAT qualification (or degree in Accounting & Finance)
- Experience in Luxury Hospitality (mandatory)
- Enjoy managing a team and developing those around you.
- Work closely with the Finance Manager to drive the success of the business.
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