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Accounts Receivable Section Head

2 months ago

Cairo, Egypt lxbfYeaa Full time

Who are we?

Lychee is Egypt's homegrown and leading healthy F&B brand, operating since 2012. Today, we have a 5000sqm factory, including a Greek yogurt production line, central kitchen and bakery, supplying our 30+ branches across premium locations. Our mission is simple, making healthier food choices accessible & sustainable for people's everyday lifestyle.

Lychee's offering has evolved across our four ever growing sales channels; branches, online, HORECA & modern trade, boasting our diverse product portfolio. From salads, wraps, warm bowls & natural juices to homemade granola, protein bars and of course our authentic Greek yogurt.

What will you be doing?

Lead, mentor, and develop the AR team, ensuring high performance and adherence to departmental goals.Assign and oversee daily tasks and responsibilities, ensuring timely and accurate completion of AR activities.Manage and supervise all aspects of the accounts receivable function, including invoicing, collections, and reconciliations.Ensure timely and accurate billing to customers and prompt follow-up on outstanding invoices.Develop and implement credit policies and procedures to mitigate financial risk and enhance cash flow.Assess customer creditworthiness and set appropriate credit limits, monitoring and adjusting as needed.Prepare and present regular reports on accounts receivable performance, including aging reports, collection metrics, and cash flow forecasts.Analyze AR data to identify trends, assess performance, and recommend improvements.Communicate effectively with internal and external stakeholders to resolve issues and provide updates.Ensure compliance with accounting standards, company policies, and regulatory requirements related to accounts receivable.Monitor and manage financial risks associated with receivables and implement controls to minimize risk.Oversee the use of AR software and systems, ensuring data integrity and system efficiency.
What are we looking for?Holding a Bachelor's degree in Accounting/FinanceMinimum 8 years of proven experience in Accounts Receivable including 3 years in a leadership role within AR across FMCG Manufacturing IndustryExperience in FMCG and Retail Industires is highly preferredStrong understanding of AR principles, credit management and collection practicesproficiency in Accounting software  - ERP system and MS OfficeStrong analytical and interpersonal skillsAt Lychee, we recognize and appreciate the unique strengths that each individual brings to our team. We are dedicated to fostering a workplace that values diversity and believes that a variety of perspectives, backgrounds, and experiences make a significant impact on our business success. We embrace and celebrate differences, viewing them as opportunities to enhance innovation, creativity, and overall company growth. We are an equal opportunity employer, committed to creating an inclusive environment where all employees can thrive and contribute their best.