Job Description

An established, medical department is seeking to employ a Debtors Manager / Accounts Receivable Manager to join their financial operations team as soon as possible.

This role is crucial in managing and optimizing the accounts receivable process for the department and will be responsible for overseeing the collection of outstanding debts, maintaining accurate records, and resolving statement discrepencies. The Debtors Manager will also be responsible for a team of 6 people within this division.

Responsibilities

Debt Collection: Manage the collection process for medical aid -related accounts receivable, including contacting the medical aids to follow up on outstanding invoices, and resolving payment discrepancies Account Reconciliation: Reconcile accounts receivable balances and resolve any discrepancies or issues with billing, payments, or customer accounts. Ensure that all transactions are accurately recorded and reflected in the accounting system. Aging Analysis: Analyze accounts receivable aging reports to identify overdue accounts and prioritize collection efforts. Develop strategies and action plans to address aging balances and minimize the risk of bad debt. Customer Communication: Communicate effectively with the various medical aids regarding payment reminders, account statements, and payment arrangements. Documentation and Reporting: Maintain accurate records of all collection activities, correspondence with patients and medical aids, and payment arrangements. Prepare regular reports and updates on accounts receivable status, aging trends, and collection performance. Dispute Resolution: Investigate and resolve billing disputes, discrepancies, and payment issues in a timely and professional manner. Collaborate with internal stakeholders, such as the director and finance teams, to address debtor concerns and ensure timely resolution. Process Improvement: Identify opportunities to streamline and improve the accounts receivable process, including automation of billing and payment processes, implementation of best practices, and enhancement of internal controls.

Qualifications

Experience: Proven work experience as an Accounts Receivable Manager or similar role. Education: Bachelor's degree in Accounting, Finance, or a related field. Technical Skills: Proficiency in accounting software and MS Excel. Soft Skills: Strong analytical, organizational, and communication skills. Attention to Detail: High level of accuracy and attention to detail in managing financial data. Problem-Solving: Ability to identify and resolve AR-related issues effectively.
Job Types: Full-time, Permanent

Work Location: In person