Accounts Receivable Officer Job in Kenya

Job Vacancy: Accounts Receivable Officer

Reporting To: Chief Finance Officer

Basic Function: The position is accountable for the entire process, including managing the Accounts Receivable policy as well as daily & weekly reviews and monitoring of the portfolio & Payments of existing customers. Assessment of regular payments by the clients with the goal of optimizing the mix of company sales and avoidance & reduction of Non-performing portfolio.

Principal Accountabilities:

  • Accounts Receivable Operations.
  • Maintain the corporate Accounts Receivable policy, creating procedures and policies that ensure timely payments while maintaining a high level of customer retention.
  • Recommend changes in the Accounts Receivable policy to senior management whenever necessary.
  • Manage customer Accounts and Monitor the same on a weekly basis.
  • Work on the Client Defaulters portfolio to eliminate Non-Performing Portfolio.
  • Work with the Finance team on the Repossession policy.
  • Reconciling accounts Receivables on a weekly basis.
  • Liaising with customers, as well as internal personnel including the sales team.
  • Negotiation with Customers in repayment proposals for the amount in arrears.
  • Ensure Customers receive Statements on a monthly basis.
  • Motivate the clients to enforce collections.

Desired Qualifications:

  • 4+ years of credit experience in a Financial Institution with a strong Credit Background: Bachelor’s degree in Finance / business and experience with credit management preferred.
  • CPA Part 2 will be and added advantage.
  • Have a thorough knowledge of Accounts Receivable Management.
  • Have considerable experience with customer negotiations.
  • To have worked in a Financial Institution or a reputable Micro Finance.
  • Strong analytical skills and attention to detail.
  • Good business acumen for problem solving.
  • Competency with ERP systems.
  • Confidence to deal with a range of stakeholders.
  • Excellent time management skills and ability to prioritize a demanding workload.

Applicants who meet the above criteria are required to send their applications to with “Accounts Receivable Officer” being the subject of the email and with detailed CV, names & addresses of three referees.

Only shortlisted candidates will be contacted.

Note: We do not charge any fee for recruitment.

Accounting and Finance
Updated: October 4, 2019 — 6:43 am