- Well understand business and operational agreements to ensure timely and accurate collection.
- Build reports to update and predict receivables from sell-in support, marketing campaigns, and claim back.
- Manage, monitor aging receivables, expedite, and report overdue collections in a timely manner.
- Record, reconcile, issue invoices, and accurately and fully collect all sources of funding from suppliers: investment, discount, incentive, brand building, promotion, etc. Handle issues related to debt recovery:
- Check/perform/arrange and store commercial contracts sent to suppliers.
- Send emails for comparison, export value-added invoices and remind suppliers when payment is due.
- Communicate and negotiate with suppliers to ensure timely and complete receipt and resolution of all issues or disputes.
- Coordinate with related departments to ensure that the recording, reconciliation, and collection process is carried out accurately and completely.
- Lead and manage a team of receivables experts, provide guidance and training, assign tasks, develop, and support the improvement of receivables management processes.
- Prepare reports and analyze financial data, identify trends, and make strategic recommendations for senior management.