Accounting Assistant - AR and AP

Main Purpose of Role

Mainly responsible in monitoring the receivables of the company from the clients and third party financial institutions like HDMF as well as banks. On top of on time receipt of all payments and proper update recording of all transactions daily.

Key Result Areas:

1. Daily posting and checking of buyers payments
2. Monitors buyers ledgers and payments
3. Monitors correctness of buyers outstanding balances
4. Counterchecks all information encoded by marketing
5. Ensure timely encoding of Purchase set up for newly reserved buyers
6. Regular coordination with Marketing personnel
7. Recording of approved take outs and proceeds in the Accounting system
8. Ensure that all loan released account to HDMF are remitted on time
9. Prepare billing to client on fees and charges, interest and penalties on late payments
10. Calculates amortization schedule and actual fees and charges of the clients
11. Encode and Post all approved buyers request in the system
12. Monthly sending of notices
13. Endorsement of two month past due buyers to the legal department
14. Facilitate timely remittances of loan released account to HDMF
15. Facilitate proper monitoring of accounts for buyback
16. Prepares and maintain payment vouchers