Job Responsibilities:

1. Progress claims handling

Track and manage progress claims billing and final accounts tracking.
Ensure all variations, adjustment and retention sums are accurately accounted for.
Coordinate with internal teams to support project financial closure.
Follow up on release of retention monies in accordance with contract terms.

2. Account Receivable Functions

Issue statements of account (SOA) to customers on a timely basis and ensure proper recording in the accounting system.
Track incoming payments, reconcile accounts, and maintain AR ledger accuracy.
Liaise with customers to follow up on outstanding invoices and resolve discrepancies, missing invoices or disputes related queries.

3. Credit Control and reporting

Prepare weekly collection report and highlight key risk and action plans.
Identify potential collection issues, and analyze customer payment trends to mitigate credit risk.
Perform AR aging analysis and ensure timely follow up on overdue accounts.
Provide backup support within the team to ensure continuity of AR operations.
Collaborate with the internal team member to resolve billing related issue efficiently.

4. Compliance and Support

Job Requirements:

Diploma or Degree in Accounting, Finance, or related field.
Minimum 3 years of relevant experience, preferably in construction or project-based environment.
Familiarity with progress billing, contract terms and final account procedures.
Proven working experience in Accounts Receivable with solid understanding of basic accounting principles (revenue recognition, cut-off, reconciliations, and provisions), fair credit practices and collection regulations.
Strong attention to detail with a knack for numbers.
Proficiency in accounting system and Microsoft Excel.
Good communication and stakeholder management abilities.
Able to multitask, work under pressure and meet tight reporting deadlines.

Account Receivable Specialist (Credit Control)

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