Lepton Software - Accounts Receivable Specialist

Job Summary:

- An AR Specialist will be responsible for overseeing the accounts receivable process within an organization.

- Their primary role will be to ensure the timely collection of outstanding debts from customers or clients.

- AR Specialist will be working closely with the Accounting Department and collection agent.

JOB DUTIES & RESPONSIBILITY

- Develop and implement effective strategies for the collection of outstanding debts.

- Monitor accounts to identify overdue payments and determine the appropriate actions to take.

- Communicate with customers or clients to negotiate payment plans and resolve any issues or disputes.

- Coordinate with internal departments, such as sales and customer service, to resolve billing and payment-related inquiries.

- Maintain accurate and up-to-date records of all collection activities, including customer interactions and payment arrangements.

- Analyze delinquent accounts and prepare reports on the overall status of collections.

- Implement and enforce credit policies and procedures to minimize the risk of late payments or non-payment.

- Collaborate with legal counsel or external collection agencies as needed to handle more complex or difficult cases.

- Stay informed about relevant laws and regulations related to debt collection practices and ensure compliance with all applicable laws.

QUALIFICATION & SKILLSET

- Bachelor's degree in finance, accounting, or a related field, A master's degree

- Proven experience in accounts receivable management, preferably in a supervisory or managerial role.

- Strong knowledge of accounting principles and practices, particularly as they relate to accounts receivable and collections.

- Excellent communication and negotiation skills, with the ability to interact effectively with customers and internal stakeholders.