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Title
Text copied to clipboard!Head of Accounts Receivable Department
Description
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We are looking for a Head of Accounts Receivable Department who will be responsible for effectively managing the control and collection of the company's client debts. Your role is to ensure timely receipt of payments, minimize financial risks, and maintain a healthy cash flow for the organization. You will coordinate the work of a team of specialists, develop strategies to optimize accounts receivable, and collaborate with other departments to improve financial performance. Key aspects include analyzing clients' creditworthiness, negotiating debt issues, and applying collection measures in compliance with legislation. We expect a candidate with a high level of responsibility, analytical skills, and the ability to work in a dynamic environment, as well as experience in financial management and negotiation.
Responsibilities
Text copied to clipboard!- Organize and control the work of the accounts receivable department.
- Develop and implement strategies to reduce overdue debts.
- Analyze clients' financial status and assess credit risks.
- Negotiate with debtors and resolve disputes.
- Prepare accounts receivable reports for management.
- Ensure compliance with internal procedures and regulations.
- Coordinate with the legal department on debt collection matters.
- Train and develop department staff.
- Optimize accounts receivable processes.
- Monitor and analyze department performance.
Requirements
Text copied to clipboard!- Higher education in finance, economics, or accounting.
- At least 3 years of experience in a similar position.
- Knowledge of financial and debt collection legislation.
- Team management and organizational skills.
- Ability to analyze financial information and make decisions.
- Excellent communication and negotiation skills.
- Proficiency in office software and specialized programs.
- Responsibility and attention to detail.
- Ability to work in a multitasking environment.
- Willingness to make difficult decisions.
Potential interview questions
Text copied to clipboard!- What is your experience managing an accounts receivable department?
- What debt collection methods do you find most effective?
- How do you assess clients' creditworthiness?
- Tell us about your experience negotiating with debtors.
- What software tools do you use in your work?
- How do you motivate your team?
- How do you handle conflict situations?
- What performance indicators do you use for the department?
- How do you organize interaction with other departments?
- Describe your approach to optimizing debt collection processes.
