Finance / Account Manager at Laboria Limited

Job Description

• We are seeking a highly skilled and results-driven Finance/Account Manager with a strong background in loan recovery or debt management to join our team.
• The ideal candidate should have a minimum of 5 years of relevant experience, preferably in a financial institution, loan recovery company, or a similar role that involves direct client follow-up and payment recovery.
• This role is critical to improving cash flow and ensuring revenue realization, as payment recovery will be the major Key Performance Indicator (KPI). The successful candidate must be relentless in pursuing outstanding payments, detail-oriented, and able to manage financial reporting, receivables, and daily sales tracking.

Key Responsibilities
Payment Recovery & Accounts Receivables Management:

• Take full ownership of managing receivables and aggressively follow up with clients with outstanding balances until full payment is received.
• Leverage negotiation and communication skills to reduce overdue accounts and bad debts.
• Maintain strict adherence to credit control procedures and drive recovery efforts with minimal supervision.
• Prepare and analyze receivables aging reports and submit frequent updates to management.
• Resolve billing disputes promptly and ensure client account accuracy.

Financial Management:

• Maintain accurate and up-to-date financial records in compliance with relevant accounting standards.
• Manage accounts payable and ensure timely vendor payments.
• Conduct regular bank reconciliations and monitor company cash flow.

Reporting:

• Prepare and review Daily Sales Reports (DSRs) to ensure accuracy and completeness.
• Generate and present Monthly Management Reports, including income statements, balance sheets, and cash flow statements.
• Provide financial insights and analysis to support business decisions.

Budgeting and Forecasting:

• Assist in the development of financial budgets and forecasts.
• Perform variance analysis and monitor expenditure against approved budgets.

Compliance and Audit Support

• Ensure compliance with regulatory, tax, and internal policy requirements.
• Facilitate audits by preparing and providing relevant financial data and documentation.

Systems and Process Management:

• Utilize QuickBooks efficiently for all financial transactions and reporting.
• Identify and implement improvements in financial processes and internal controls.

Collaboration and Teamwork

• Work cross-functionally with other departments to support financial planning and business objectives.

Key Performance Indicators (KPIs)

• Successful recovery of overdue payments and consistent reduction in outstanding receivables.
• Achievement of monthly and quarterly payment recovery targets.
• Timely and accurate submission of Daily Sales Reports.
• Submission of Monthly Management Reports by set deadlines.
• Full compliance with financial regulations and internal policies.
• Proficient use of QuickBooks for all financial operations.

Requirements

• Candidates should possess a Bachelor's Degree
• Minimum of 5 years of experience in finance, accounting, or debt recovery roles, preferably in a loan recovery or financial services company.
• Strong track record in payment recovery, credit control, and client follow-up.
• Proficiency in QuickBooks is mandatory.
• Professional certification (e.g., ICAN, ACA, ACCA, CPA) is an added advantage.
• Sound knowledge of accounting principles, financial reporting, and compliance.
• Excellent interpersonal and communication skills.
• Proficiency in Microsoft Excel and other MS Office tools.
• Strong analytical and problem-solving abilities.
• Ability to work independently and thrive in a fast-paced environment.

Why Join Us?

• Opportunity to make a direct impact through effective recovery and cash flow management.
• Work with a committed and dynamic team.
• Competitive salary and benefits.
• Clear path for professional growth and performance-based recognition.