The key role of an employee who works as an Accounts Receivable (AR) is to ensure company receives payments for goods and services, and records these transactions accordingly.
Project inspection, invoicing and billing
Verify discrepancies by and resolve clients’ billing issues.
Send email confirmations related to project inspections.
Submit payment documents to customers.
Send invoices via email and ensure receipt by customers.
Generate and issue invoices for project- related services.
Prepare and maintain tracking tables for project inspections.
Entry revenue details into Misa:
Perform data entry for various transactions in Misa.
Enter bank transactions and apply payments to customer accounts, deducting any debts as necessary.
Accurately enter revenue details into the Misa accounting system.
Allocation calculation & enter allocations into Misa
Calculate the allocation of production costs based on predefined criteria and formulas.
Accurately enter the calculated cost allocations into the Misa accounting system.
Verify data entry for accuracy and ensure consistency with financial records.
Ensure accurate distribution of costs across various production units or cost centers.
Cost acceptance & check trail
Execute the transfer of costs to the appropriate accounts or cost centers.
Review and verify the cost transfer trail for accuracy and completeness.
Contract management:
Draft contracts based on received information.
Publish and save contract files systematically.
Manage and track all contracts.
Receive and process information for new/renew contracts.
Cash application:
Facilitate payment of invoices due by sending bill reminders and contacting clients.
Record and reconcile customer payments.
Ensure accurate accounting of receivables.
Account reconciliation:
Maintain accurate AR aging reports to monitor receivable balances and aging trends.
Resolve discrepancies and ensure accuracy in the accounting records.
Reconcile AR balances with customer accounts.
Ad hoc tasks:
Undertake other ad hoc assignments as required.
Support revenue records during tax audits, tax refunds and audits.
Export revenue records, sales statements, export statements.
