Finance Associate

The Finance Associate will be responsible for managing and processing accounts receivable and accounts payable, optimizing cash flow, conducting collections, and providing detailed financial reporting and analysis. This role requires strong analytical skills and a proactive approach to process improvement to ensure the efficiency and accuracy of financial operations.

• Process and post incoming payments accurately and timely.
• Monitor aging reports and follow up on overdue accounts.
• Communicate with customers to resolve billing issues and ensure timely collections.

• Process vendor invoices and payments in accordance with company policies.
• Reconcile vendor statements and resolve discrepancies.
• Ensure all payments are processed within payment terms to optimize cash flow.

• Monitor daily cash flow activities and ensure adequate liquidity for operations.
• Assist in developing cash flow forecasts to support business needs.
• Identify opportunities for improving cash flow management practices.

• Manage the collections process for overdue accounts.
• Develop strategies for timely and effective collections.
• Maintain strong relationships with clients to minimize outstanding receivables.

• Assist in preparing financial statements, including balance sheets and income statements.
• Conduct variance analysis and provide insights into financial performance.
• Generate reports on AR/AP aging, cash flow, and collection performance.

• Identify inefficiencies in AR/AP processes and recommend improvements.
• Collaborate with other departments to streamline financial workflows.
• Implement best practices to enhance financial controls and reporting accuracy.

• Manage and maintain finance-related data.
• Ensure data integrity, accuracy, and confidentiality.

• Assist in journal entries, account reconciliations, and ledger maintenance.
• Ensure compliance with internal policies and accounting standards.

• →Execute additional tasks as assigned by the immediate supervisor/manager, demonstrating flexibility and adaptability.
• →Be available to extend work hours when necessary to meet deadlines and fulfill organizational needs.

• →Bachelor’s Degree in Accounting, Business Administration, or any equivalent degree.
• →Above average English verbal and written communication skills.
• →Payroll Expertise
• →Accounting Knowledge
• →Compensation and Benefits
• →Data Management
• →Attention to detail
• →Analytical Skills
• →Confidentiality
• →Communication