AR Team Leader

Key Accountabilities:
The AR Lead oversees the end-to-end Order-to-Cash (O2C) cycle across all group entities. This role is responsible for centralizing accounts receivable operations, proposing credit policy enhancements, enforcing strict compliance with group-wide credit regulations, and mitigating financial risks while ensuring healthy cash flow across the entire organization.
Detail Job responsibilities:
1. Credit Risk Management & Compliance Enforcement
- Policy Enforcement: Ensure strict compliance with group-wide credit policies by all Business Units (BUs)/Sales team.
- Credit Evaluation: Review and approve credit limits/terms for key/permanent customer contracts based on financial assessments.
- Risk Identification: Propose changes to existing credit limits based on customer payment behavior and financial standing, flagging potential risks to management.
- Customer Master Data Control: Verify and approve new customer creation requests, ensuring data accuracy against legal documents and corporation guidelines to maintain data integrity across systems.
2. Centralized AR Operations Management
- Operational Oversight: Guide and support the AR team to achieve KPIs, handling complex operational issues related to credit and system processing.
- Transaction Processing: Oversee key transactions including payment application/settlement, clearing minor balances, and processing AR-AP netting entries.
Intercompany/Specific Entities: Manage the AR function for specific entities, ensuring accurate balances and collections from international clients.
3. Reporting, Analysis & Month-End Closing
- Reporting & Analysis: Review weekly/monthly aging reports (focusing on debts > 30 days) and prepare monthly bad debt reports for BUM/CD review.
- Month/Year-End Close: Coordinate monthly closing activities, review all reports, and execute year-end tasks like bad debt provision and audit support.
Reconciliation: Manage quarterly AR balance confirmations with clients and internal stakeholders, ensuring accurate reconciliation of all accounts.
4. Collection & Issue Resolution
- Debt Collection Strategy: Direct collection efforts for standard customers and high-risk/difficult-to-collect accounts, sometimes involving joint meetings with Sales.
- Dispute Management: Manage customer queries, resolve invoice disputes, and process invoice adjustments/cancellations promptly.
5. Other tasks - if any