PNG Air, renowned for its extensive network covering over 26 destinations throughout Papua New Guinea, operates the largest fleet of ATR 72-600 series aircraft in the region, alongside a fleet of DASH-8 airplanes. As the Airline of Choice, we're committed to delivering a world-class experience with competitive fares, unparalleled cargo rates, and a focus on safety and on-time performance for our valued customers and stakeholders.

ACCOUNTS RECEIVABLE OFFICER

The Finance Department is seeking for an experienced candidate for the position of Accounts Receivable Officer based in Port Moresby. This role is responsible to ensure that the company receives payments for goods or services provided to its clients or customers.

Plays a crucial role in maintaining the financial health of the company by ensuring that incoming cash flows are managed effectively and that outstanding receivables are collected in a timely manner.

KEY RESPONSIBILITIES

• Generating and issuing invoices for goods sold or services rendered to customers.
• Recording and tracking payments received from customers, ensuring accuracy in payment application, and reconciling discrepancies.
• Monitoring and managing the accounts receivable ledger, including reviewing aging reports to identify overdue accounts and taking appropriate actions for collections.
• Communicating with customers regarding their outstanding balances, payment terms, and any inquiries or disputes related to invoices or payments. Effective communication skills are essential for maintaining positive relationships with customer and resolving any issues that arise promptly.
• Initiating and following up on collection efforts for past due accounts, which may involve contacting customers via phone, email, or mail to arrange payment arrangements or resolve disputes.
• Assessing the creditworthiness of new customers, establishing credit limits and terms, and periodically reviewing and adjusting credit terms based on payment history and financial stability.
• Reconciling accounts receivable balances with general ledger accounts and resolving any discrepancies or issues that arise.
• Generating regular reports on accounts receivable aging, cash flow, collections activity, and other key performance indicators for management review and decision-making.
• Maintaining accurate and up-to-date records of customer accounts, payment transactions, correspondence, and any collection efforts.
• Identifying opportunities to streamline accounts receivable processes, improve efficiency, and enhance cash flow management.
• Ensuring compliance with relevant accounting standards, company policies, and regulatory requirements related to accounts receivable management and reporting.
• Engage and participate in financial close process by preparing schedules, reconciliations, and reports related to accounts receivable balances. Ensure that all receivables are properly accounted for and reflected accurately in financial statements.
• During internal or external audits, provide support by furnishing documentation, answering inquiries, and assisting auditors in verifying the accuracy and completeness of accounts receivable records.
• Maintain physical filing systems to store hard copies of financial documents. This may involve organizing documents alphabetically, numerically, or categorically in file cabinets or folders. Each document is labeled with relevant information such as vendor name, invoice number, and date to enable quick identification.
• Utilize electronic filing systems or document management software to store and manage financial documents electronically. Create digital folders or directories to organize documents by vendor, transaction type, or date, making it easier to search, retrieve, and share files as needed.
• Collaborate with other departments such as purchasing, finance, engineering, operations, commercial, support documents and procurement to ensure smooth coordination of activities related to accounts receivable, including customer management, budgeting, and forecasting.

QUALIFICATIONS/EXPERIENCES

• A bachelor's degree in accounting, finance, business administration, or a related field is often preferred.
• Prior experience in accounts receivable, accounting or a related financial role is highly desirable. Experience with invoicing, payment processing, collections, and credit management is often highly valued.
• Accounting Knowledge - a strong understanding of basic accounting principles and practices is essential. Familiarity with financial statements, accounting software, and ERP systems may also be required.

If you feel you meet our requirements and are interested, we would like to hear from you. Send your application in only one PDF file to:

[email protected]

Applications close: Friday 25^th July 2025

Only shortlisted candidates will be contacted.

We are an equal opportunity employer.