Assistant Manager Collections

Description

Summary: Seeking an Assistant Manager – Collections to lead accounts receivable activities, manage financial reporting, and ensure compliance with finance policies while supervising subordinate staff. Highlights: 1. Lead accounts receivable and collection strategies 2. Engage with business to analyze financial information 3. Supervise, coach, and develop subordinate staff **(Assistant Manager – Collections)** **Responsibility:** Responsible for: His/her personal safety and that of all personnel under his/her authority, including others who may be affected by the company's activities. In particular to: **Conduct risk assessments on activities within their department ensuring that the methods and safe systems of work are safe and implemented;** Ensure all employees and contractors under their control are competent to undertake their duties; **Ensure all accidents, incidents and near misses are reported and investigated;** Promote good behaviors and set a personal example with regard to occupational health and safety matters. ⁠⁠⁠⁠⁠⁠⁠ **Key Roles \& Responsibilities:** Accounts Receivable Activities 1\. Analyse customer data to identify patterns in collection to help in designing the collection strategies. 2\. Meet accounts receivable operational standards by contributing information to strategic plans and reviews. 3\. Ensure customer\-service level standards by responding to customer queries and attending to the requests and requirements of the internal customer, on a timely basis. 4\. Liaise with the Direct Manager and/ or respective credit analyst/operation department to ensure that due payments are repaid with a minimum delay. 5\. Follow\-up on parties having outstanding due payments on a regular basis and send out payment reminders as and when required to monitor and reduce the account receivable turnover days. 6\. Collect accounts by contacting customers referred by credit analyst; investigating circumstances of non\-payment; negotiating and resolving conflicts; expediting payment collection. 7\. Generate and/ or prepare standard receivables' reports as requested by the Direct Manager. Reporting Activities 8\. Prepare financial reports and related analysis for Account Receivables during the Quarterly Financial Reporting cycle. 9\. Prepare the consolidated monthly working capital reports and covering any ad\-hoc reports relating to Working capital optimization. 10\. Engage with the external auditors to furnish the relevant information ensuring the smooth completion of the statutory reporting audit. Business Finance 11\. Take the lead in preparing the relevant business units AR reports and related analysis during monthly report cycle process. Classification: Public 12\. Engage actively with business to analyse information, collect, and reconcile data to the financial systems accurately. 13\. Provide where relevant exceptions and insights to the business when analysing numbers, trends, and patterns. 14\. Implement the Finance \& Accounting policies and procedures. Ensure that required changes to the policies and procedures manual are highlighted and communicated to Direct Manager. 15\. Ensure compliance with relevant internal controls within the Finance and Accounting function and any deviation or non\-compliance is communicated to the relevant Finance personnel for rectification and/ or appropriate action. 16\. Provide recommendations on new subordinate hires and ensure the availability of all resources required to perform assigned tasks and activities 17\. Supervise subordinate staff, assign work activities, monitor performance and review results 18\. Act as a coach to subordinates, identify their training and career development, recommend training courses and follow\-up on their personnel records such as timesheets, discipline, vacations, leaves and absenteeism 19\. Perform other job\-related duties as assigned Qualifications: Education \& Professional **Qualification: \- \-** Bachelor's Degree in Finance, Accounting or related field Professional Qualifications like C.A., ACCA, CIMA etc. or equivalent is a must Professional Experience: \- 6\-8 years of experience in Finance or Accounting or related business discipline. At least 2 years in Supervisory capacity \- Exposure to IFRS is preferable Geographic Experience: \- Minimum 2 years working in Qatar Computer Skills: \- \- Professional and advanced knowledge of using MS Excel Well versed in MS office applications and preferable knowledge in oracle fusion **Language Skills: \-** Fluent in English Market/Industry/Functional Knowledge: \- \- \- Possess a high degree of analytical skills Good knowledge of contemporary theories and practices related to Finance Good knowledge of Accounts Receivables processing systems and procedures. Job Type: Permanent Pay: QAR18,000\.00 \- QAR22,000\.00 per month Application Question(s): * Do you have at least 7\-8 years of direct experience in Accounts Receivable and collections (not general accounting)? * Have you handled complex collections scenarios involving disputes, legal escalation, or negotiated settlement plans independently? Experience: * collections/ Accounts receivable \+ mandatory Supervisory : 8 years (Required) Work Location: In person