Virtual Credit and Accounts Receivable Manager

Project description: Due to continuing company growth and rapid business expansion, Bluetides Corporation seeks an Accounts receivable and credit manager to take responsibility for managing a portfolio of credit customers’ accounts ensuring that invoices are paid in full in accordance with agreed payment terms and that any queries whatsoever are resolved efficiently and professionally, through the development of good working relationships both internally and externally. ## Deliverables This position will be responsible for managing the day-to-day treasury transaction functions which may include contact with banks and international money transfer agencies . The Primary responsibility is to maximize cash flow through the prompt payment of invoices owed to the company. Management of Company’s Treasury functions includes: a) Direct management of Bluetides Corporation accounts receivable accountings. b) Cash position analysis, domestic and international wires, foreign exchange transactions, maintain cash management controls/authorities over accounts in the US, Canada, South America, Asia, and The Middle East. c) Analysis and control of various debt instruments including review of interest rate positions, letters of credit, remittance advisory notes and availability. Required Skills: a) Working knowledge of financial statements and accounting b) Excellent oral/written communication and analytical skills c) Decisive, organized and detail oriented d) Strong Excel/Word/PowerPoint reporting skills required e) Ability to prepare and present results for senior management Duties and Responsibilities: a) Ensuring cash collection targets are met b) Recommend and enforce the accounts receivable policy, maximizing cash flow while maintaining good vendor relationships c) Communicating proactively and clearly with credit customers. b) Maintain updated files on all credit customers. c) Prompt remittance of receipts from creditors. d) Perform reconciliations of accounts with affiliated companies. DELIVERABLES Collecting credit from an average of 5 credit customers per week Please note that information about these credit customers would be provided. These information includes, customers contact, amount owed, credit rating (most are above average) and any other information you may require to carry out you job. CONCLUSION This is job is going to be outsourced for a long time. Please quote for cost of specific amount of hours required to deal with 5 credit customers with average credit rating. **THE COMPANY’S AUTHORISATION POLICES** Receipts must be banked promptly. Receipts which could be inform of; checks, bank transfers, standing orders, must be ensured valid and paid into the company’s account within 24 hours. Cross-checking the receipt details with the remittance advice note i.e. Payments should be checked against the total amount owed by the customer. Segregation of duties between the assistant credit manager and the company’s credit manager. This is instituted in order to prevent theft and accidental loss otherwise known as “teeming and lading??. Remittance of funds should be made solely to the company’s Credit Manager. However, the assistant credit and accounts receivable manager is fully accountable to the credit manager.