Financial Manager (AR)
Key Responsibilities
1. Team Leadership: Manage and lead a team responsible for customer credit control, billing, revenue recognition, customer payments, ensuring that the company policies are adhered to, and risks are minimized. Guide and mentor team members to enhance their performance and professional growth.
2. Customer Billing: Oversee the accurate and timely generation of customer invoices. Collaborate with various departments to ensure that all billable services and products are properly accounted for.
3. Revenue Recognition: Ensure proper revenue recognition in accordance with accounting standards and company policies. Analyze and reconcile revenue data to ensure accuracy and completeness.
4. Customer Payment Application: Supervise the processing of customer payments, ensuring that they are accurately applied to the appropriate accounts. Resolve any payment discrepancies promptly and efficiently.
5. Credit Control Monitoring: Continuously monitor customer credit limits and payment patterns. Take proactive measures to manage credit risks and ensure timely collections.
6. Customer Financial Analysis: Conduct in – depth financial analysis of customers, including reviewing financial statements, cash flow patterns, and debt – to – equity ratios. Use this analysis to assess customer creditworthiness, identify potential payment risks, and make informed decisions regarding credit limits and terms. Regularly update customer financial profiles and communicate any significant changes or concerns to relevant stakeholders. Provide actionable insights to the sales and finance teams to optimize business relationships while minimizing financial risks.
Requirements
1. Education: A bachelor’s degree in finance, accounting, or a related field. A master’s degree or professional accounting certification (e.g., CPA, CMA) is a plus.
2. Experience: At least 8 years of experience in accounts receivable management, with a proven track record of successfully leading a team. Experience in industry is highly preferred.
3. Skills: Strong analytical and problem – solving skills, with the ability to interpret financial data and make informed decisions. Excellent communication and interpersonal skills, with the ability to build and maintain relationships with internal and external stakeholders. Proficiency in accounting software and Microsoft Excel.
4. Language: Fluent in English and Chinese, both written and verbal. Good English and Chinese communication ability is essential for interacting with international clients and colleagues.
5. Customer Financial Analysis Skills: Proficient in analyzing financial statements, conducting ratio analysis, and using financial forecasting models to evaluate customer financial health. Skilled in identifying early warning signs of financial distress in customers, such as declining profit margins or increasing accounts payable days. Ability to present complex financial analysis results clearly.