OVERALL PURPOSE:

Supervise all required activities related to recording, updating, reporting of Accounts Receivables of NWC

KEY ACCOUNTABILITIES:

Functional Responsibilities:

• Oversee the day-to-day operations of the accounts receivable section and ensure that it is aligned with the goals and objectives of the organization.
• Manage a team of accounts receivable specialists and ensure that they have the resources and support they need to meet their responsibilities.
• Ensure that all accounts receivable transactions are accurately recorded and accounted for in the organization's ERP system and are audit readiness.
• Closely coordinate with clusters Receivable teams and provide necessary guidance and support to ensure compliance with NWC policies and procedures.
• Monitor and manage the aging of accounts receivable to ensure that collections are being made in a timely manner.
• Collaborate with collection and customer service teams to resolve any discrepancies.
• Prepare regular reports on the status of accounts receivable and present them to the Accounting Director and other stakeholders as needed.
• Implement and enforce credit policies and procedures to minimize the risk of bad debt.
• Update ECL model on regular basis and perform ECL calculations as per requirements.
• Stay current on developments in accounts receivable best practices and recommend changes to company policy as appropriate.
• Participates in the development and implementation of the department's strategy, objectives, and KPIs.
• Monitor staff achievements, perform periodic performance appraisals and provide guidance or coaching to direct reports in performing their delegated duties with updates provided to the line manager.
• Coordinate with and provide any needful support to Clusters and review their deliverables.
• Stay current on developments in fixed asset accounting and recommend changes to company policy as appropriate Participates in the development and implementation of the department's strategy, objectives, and KPIs.