Key Achievements:

• Implemented streamlined AR processes, reducing collection cycles by 30%.

• Introduced automated invoicing and payment tracking systems, saving 10+ hours per week.

• Improved cash flow forecasting, contributing to £200,000 / $240,000 in working capital optimisation.

• Reduced aged debt by 25% through proactive credit control and dispute resolution.

• Mentored and developed the AR team, improving efficiency, accuracy, and reporting quality.

Duties & Responsibilities:

• Oversee the accounts receivable function, including invoicing, payment processing, and reconciliations.

• Monitor outstanding customer balances and implement strategies to reduce overdue accounts.

• Develop and implement AR policies, procedures, and internal controls.

• Prepare and analyse monthly, quarterly, and annual AR reports and dashboards.

• Lead the month-end and year-end closing processes for receivables.

• Collaborate with finance, sales, and operations teams to resolve billing or payment discrepancies.

• Manage cash application and allocation processes to ensure accurate customer account postings.

• Assist in credit control and the assessment of customer credit risk.

• Liaise with internal and external auditors, providing documentation and schedules for AR.

• Implement process improvements and automation initiatives within the AR function.

• Approve payment arrangements and oversee collections from key customers.

• Support forecasting, budgeting, and cash flow planning related to receivables.

• Maintain accurate AR records and filing for compliance and audit purposes.

• Train, mentor, and supervise AR staff, ensuring high performance and development.

• Provide ad-hoc reporting and financial analysis for management decision-making.

• Ensure compliance with statutory, regulatory, and corporate financial policies.

• Participate in system upgrades, process enhancements, and automation projects.

• Uphold confidentiality, integrity, and professionalism in all AR activities.

• Monitor key performance indicators (KPIs) for the AR team and report results to senior management.

• Contribute to continuous improvement initiatives across the finance department.