Junior Manager - Account Receivables & SG&A

Job Purpose

The Junior Manager – AR & SG&A – O2C is responsible for ensuring accurate financial recording, monitoring, and reporting within the Accounts Receivable and SG&A domains. This role includes overseeing provisions, general ledger (GL) reconciliation, SG&A analysis, and upholding the credit policy to optimize cash flow and support financial decision-making.

Key Responsibilities

1. Provisions Recording & Control
   • Record provisions accurately and ensure compliance with financial policies and procedures.
   • Monitor provisions to maintain an accurate financial position for AR and SG&A accounts.
2. General Ledger (GL) Analysis and Reconciliation
   • Conduct regular analysis and reconciliation of GL accounts related to AR and SG&A.
   • Identify and resolve discrepancies to ensure accuracy and alignment with financial reporting standards.
3. SG&A Follow-Up and Analysis
   • Track and analyze SG&A expenses, identifying key variances to the budget or forecast.
   • Prepare and present SG&A reports to management, providing insights for cost optimization.
4. Interest Analysis
   • Analyze interest accrued on AR and other receivable accounts.
   • Monitor and report interest-related figures to optimize cash flow and financial accuracy.
5. Customer Balance Confirmation
   • Conduct regular customer balance confirmations to verify outstanding balances and maintain accurate records.
   • Resolve any discrepancies in collaboration with customers and internal teams.
6. Sales Order Release
   • Manage the release of sales orders based on credit limits and policy compliance.
   • Coordinate with the sales team to ensure smooth order processing and adherence to credit policy.
7. Cash Collection and Receivables Follow-Up
   • Ensure timely cash collection and maintain accurate tracking of receivables.
   • Follow up on outstanding balances, coordinating with customers to facilitate prompt payments.
8. Customer Aging and Bad Debt Follow-Up
   • Monitor customer aging reports and follow up on overdue payments to minimize bad debt.
   • Collaborate with the finance team to review and update provisions for doubtful accounts.
9. Credit Policy Compliance
   • Ensure that all AR activities adhere to the company’s credit policy.
   • Conduct periodic reviews of the credit policy and provide recommendations for improvement as needed.

Qualifications

• Education: Bachelor’s degree in accounting, Finance, or a related field.
• Experience: 3+ years of experience in accounts receivable, financial analysis, or similar roles; prior experience in O2C processes preferred.
• Technical Skills: Proficiency in accounting software (e.g., SAP, Oracle), strong Excel skills, and familiarity with O2C tools.
• Soft Skills: Strong analytical abilities, excellent communication skills, attention to detail, and the ability to work cross-functionally.

Key Competencies

• Problem-solving and critical thinking
• Financial acumen and accuracy
• Customer relationship management
• Strong organizational and time management skills
• Adaptability to a fast-paced environment