ReelFruit, founded in 2012, is the market leader in the healthy snack category, pioneering the introduction of healthy dried fruit as a snack in the Nigerian market. The company was founded on a mission to build a scalable agribusiness to add value to raw materials locally and produce, package and distribute locally made snacks that could sit on any shelf in the world!
Job Title: Accounts Receivables / Sales Recovery Manager
Location: Yaba, Lagos
Employment Type: Full-time
- Reelfruit’s Account Receivables/Sales Recovery Manager will play a critical role in overseeing the company’s accounts receivable processes and ensuring the timely collection of payments owed to the organization.
Duties & Responsibilities
- Managing Accounts Receivable: Supervising the accounts receivable team to ensure accurate and efficient invoicing, billing, and collections processes.
- Credit Policies and Procedures: Developing and implementing credit policies, terms, and procedures to minimize late payments and bad debts while maintaining good relationships with clients.
- Monitoring and Reporting: Tracking receivables aging, analyzingpayment patterns, and generating reports to provide insights into cash flow, outstanding balances, and potential risks.
- Collections Management: Initiating collections procedures for overdue accounts, communicating with clients or customers regarding outstanding payments, and negotiating payment plans or settlements when necessary.
- Customer Relations: Handling customer inquiries, resolving disputes, and maintaining positive relationships to ensure timely payments.
- Process Improvement: Identifying areas for process improvement, implementing best practices, and utilizing technology or ERP software to streamline receivables operations.
- Compliance: Ensuring compliance with relevant financial regulations, accounting standards, and company policies related to accounts receivable.
- Team Leadership and Development: Training and mentoring staff to optimize team performance and efficiency in managing receivables.
- Cash Flow Management: Work closely with the Treasury & Financial Plan Unit to forecast cash flow, manage working capital, and support financial planning and budgeting activities.
- Risk Assessment: Assessing the creditworthiness of clients/customers and recommending credit limits or adjustments based on risk evaluation.
Educational Qualifications, Experience & Requirements
- Bachelor’s Degree or HND in Accounting, Finance, or other related fields.
- Professional certificate (e.g. ACA, ACCA, & CIMA) is an added advantage
- A Master’s Degree is an added advantage.
- Proven experience of at least 3 years in receivables and debt recovery management or related roles within the consumer goods industry.
- Proven track record in managing and developing a team.
- Capability to negotiate payment terms and resolve conflicts with clients/customers.
- Strong understanding of accounting principles.
- Proficiency in ERP systems and advanced Excel skills.
- Attention to detail, analytical mindset, and strong problem-solving abilities.
- Effective communication and collaboration skills to work across departments.
Application Closing Date
31st January, 2024.
Method of Application
Interested and qualified candidates should:
Click here to apply online