To improve quality, efficiency and effectiveness of the Accounts Receivable Operation through process improvements, automation and harmonization with the aim to optimize working capital, minimize transactional costs and control Jumia Nigeria's exposure to bad debt losses.
In particular, you will:
Manage accounts receivable and cash application functions to ensure timely and accurate recording, collection, reconciliation and reporting of accounts receivable
Work closely with Commercial, Sales, Operations management and inventory control to ensure discrepancies and payment delinquencies are resolved on a timely basis.
Identify process inefficiencies and recommend remediation to strengthen control environment in financial and operational areas through the use of system automation and relevant tools
Reconcile general ledger accounts related to accounts receivable.
Cashflow forecasting periodically on regular basis based customer insight as well as business information.
Updating of Cashflow forecast in ERP and weekly update to Treasury team
Close monitoring of Account Receivables, Unbilled AR, Deferred Revenue, Provision for doubtful debts, Advances from customer and customer financing so that active control could be set on working capital numbers of Jumia
Advice to the Treasury & Credit manager on payment terms and credit limits for (new) customers.
Partner with cross functional teams to share best practices and improve communication and procedures
Track account transactions and resolution of issues. Establish and maintain effective relationships with internal and external business partners
Continue team’s strong track record of achieving collection metrics
