Financial Management Specialist
2 months ago
Cash Receivables is a critical function within Amaiden Energy Nigeria LTD that requires a highly skilled and experienced professional to manage the company's cash receivables effectively. The Financial Management Specialist will be responsible for ensuring timely and accurate recording of all incoming payments from clients, monitoring client accounts to ensure timely payments, and implementing effective credit control processes to minimize overdue accounts and reduce the risk of bad debts. This role requires a strong understanding of accounting principles and procedures, as well as excellent communication and administrative skills.
Key Responsibilities:
1. Manage cash receivables, ensuring timely and accurate recording of all incoming payments from clients.
2. Monitor client accounts to ensure timely payments and follow up on outstanding invoices.
3. Implement effective credit control processes to minimize overdue accounts and reduce the risk of bad debts.
4. Maintain accurate records of transactions, reconciling client accounts and ensuring all payments are applied correctly.
5. Communicate with clients regarding outstanding balances, providing support and resolving disputes where necessary.
6. Prepare regular reports on account status, aging reports, and overdue balances for management review.
7. Collaborate with internal teams - billing to resolve payment-related issues and discrepancies.
8. Ensure compliance with company policies and procedures regarding credit terms and cash receivables.
Requirements:
1. First Degree from a recognized university/polytechnics in accounting or related field.
2. Minimum of 2 years' experience in a related function.
3. Good knowledge of MS Excel & other data entry tools.
4. Excellent Communication skills.
5. Good Administrative skills.
6. Good knowledge on the use of an accounting software.
7. Numeracy Skill.
8. Proximity to job location is an advantage
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