Below are the summary of the typical key responsibilities of an account receivable supervisor:
- He/she should be able to recruit, train as well as motivate an accounts receivable team wherein he/she can provide the needed leadership as well as the coaching of the associates so that he/she can accomplish the main goals and objectives of the institution.
- He/she should guarantee that the decisions made are good especially when it comes to the releases and hold of customer’s orders due to financial conditions of the said account.
- Guarantees the collections associates are employing right judgment that is inside their authority when it comes to releasing and holding of orders.
- Capable of establishing s well as reviewing credit limits for all accounts.
- Capable of resolving complex issues about collections.
- Good working relationship with collection agency.
- Participating with the sales in all aspects ensuring the credit terms are suitable in meeting the management’s objectives and the credit and collections policy.
- Administer and alleviate credit risk.
- Recognize and correct the barriers coming from the operations through developing innovative solutions to problems.
- Responsible for managing the accounts under the bankruptcy jurisdiction and other legal proceedings under collection/credit.
- Supervise cash receipts and application to assess and modify the efficiency of current procedures for cash applications.
- Work together with internal and external customers for the improvements in cash application, as well as collections and credits processing.
- Set up workloads and handle budgets and resources.
- Able to develop as well as execute and uphold corporate policies about credit and collections
