Head Accounts Receivable

**Please Note: The position is based out of Greenford & is a 100% Working from Office role. Candidates looking out for Hybrid/Work From Home must avoid applying.

About GEDU:

GEDU is a parent company for GBS. And we are marketing ourselves in India by this name. we bring together students and professionals to drive progress through education. We are at the forefront with pioneering educational models that will shape the future of education. Our educational programs around the world put our students on the path to becoming the leaders of the future. We have started our operation in India in March 2022 and today we are around 130+ in population.

GBS is a higher education provider (established in 2010) offering a range of sector-relevant courses across eight campuses in London, Manchester, Birmingham, Leeds and beyond. Working in partnership with several of the UK’s leading higher education providers, we deliver vocational, undergraduate and postgraduate programmes in banking, finance, accounting, business, tourism, healthcare – and more. With 15,000 students studying with us, the GBS journey has only just begun.

At GEDU we bring together students and professionals to drive progress through education. We are at the forefront with pioneering educational models that will shape the future of education. Our educational programs around the world put our students on the path to becoming the leaders of the future.

To know more, please visit our Introductory video & websites:

https://www.linkedin.com/feed/update/urn:li:activity:7034864182940323840/

GEDU - https://gedu.global/

GBS - https://globalbanking.ac.uk/ and https://gbs.ac.ae/

Job Summary:

The Head of Accounts Receivable will oversee the AR activities across the GEDU portfolio and help manage the company's cash flow by ensuring timely collection of receivables and minimizing outstanding balances. This role includes setting strategic priorities, optimizing processes, ensuring compliance, and developing cross-functional relationships to enhance collection efficiency and customer satisfaction.

Key Responsibilities:

Leadership & Strategy

• Develop and implement the AR strategy aligned with the company's financial objectives.
• Partner with Finance, Sales, and other departments to optimize cash flow and streamline AR processes.
• Create and present regular reports on AR performance, KPIs, and cash flow forecasts to senior leadership.

Accounts Receivable Operations

• Oversee and optimize all AR processes, including invoicing, collections, cash applications, and credit management.
• Develop and enforce AR policies, procedures, and best practices to ensure accuracy and efficiency.
• Manage the collections process, ensuring outstanding balances are minimized and collection targets are met.
• Ensure timely and accurate invoicing and adherence to customer credit terms.

Risk Management

• Monitor and assess credit risks associated with existing and new customers, making data-driven decisions to mitigate risk.
• Develop and maintain a strong internal control environment within the AR function.
• Review and analyze aging reports regularly, identifying and addressing high-risk accounts.

System & Process Improvement

• Identify and implement technology solutions to streamline AR functions, such as automation tools and ERP system improvements.
• Continuously assess and improve AR processes to enhance accuracy, efficiency, and customer satisfaction.
• Collaborate with IT and finance teams to ensure seamless integration of AR systems with other financial and business systems.

Customer Relationship Management

• Act as a point of escalation for AR-related customer issues, working to resolve disputes effectively.
• Build and maintain strong relationships with key customers to improve payment timelines and reduce delinquency.
• Provide insights to the sales and customer success teams to improve customer payment experience and AR outcomes.

Compliance & Reporting

• Ensure compliance with all regulatory requirements and accounting standards related to receivables.
• Prepare and maintain comprehensive AR reports, providing insights into collection trends and payment patterns.
• Coordinate with internal and external auditors to support AR-related audits and inquiries.

Qualifications:

• Education: Bachelor’s degree in Accounting, Finance, Business Administration, or a related field; MBA or CPA preferred.
• Experience: 10+ years of experience in accounts receivable or credit management, with at least 3 years in a leadership role.

Skills:

• Strong leadership and team management abilities.
• Excellent communication and interpersonal skills.
• Proficiency in ERP systems and accounting software; experience with AR automation tools is a plus.
• Analytical skills with the ability to interpret complex data and make strategic decisions.
• Problem-solving skills with a focus on process improvement.
• Knowledge of GAAP and regulatory requirements related to receivables.

Work Environment:

• Schedule: Full-time, Monday to Friday..
• Location: Greenford