Account Receivable

Dubai Department of Economy and Tourism; Dubai; On-site; AED 50,000 - 70,000; Full time

Job summary

A government department in Dubai is seeking a Fresh Graduate or someone with at least 1 year of experience in accounting. The role involves maintaining financial accounts, executing accounts receivable procedures, issuing invoices, and supporting financial reporting processes. Ideal candidates should possess strong analytical skills and attention to detail to ensure accurate financial record-keeping. This position provides an opportunity to contribute to the financial operations of a major public entity.

Qualifications

• Fresh Graduate or minimum 1 year of working experience in accounting.
• Ability to reconcile accounts and maintain financial records.
• Familiarity with financial reporting and analysis.

Responsibilities

• Execute procedures related to accounts receivable and maintain financial records.
• Reconcile collection and billing accounts regularly.
• Issue invoices and follow up on payments with sponsors.

Skills

Attention to detail

Analytical skills

Time management

Job description

Fresh Graduate or someone with minimum 1 year of working experience.

Job Objective:

To execute all procedures related to accounts receivable to maintain all financial accounts and fixed assets records in line with the policies and regulations, by maintaining general ledger and sub-ledger accounts and producing various accounting reports.

General Accounting:

• Reconciles collection and billing accounts on a regular basis in order to be able to accurately reflect the status of accounts receivable activities.
• Coordinates with local and overseas offices to receive and document the information on fixed assets in order to support the updating of the fixed assets register on a regular basis.
• Issues invoices and conducts regular follow-ups with sponsors and strategic partners in line with the agreed payment schedules to ensure that the collections are made in time as per the relevant terms and regulations.
• Calculates fixed asset related costs such as depreciation, amortization and asset under construction, and prepares relevant reports to support the preparation of periodic financial statements.
• Prepares journal entries for bank reconciliation, and obtains approval and authorized signatures on all required documentation.
• Enters credit transactions related to all revenue accounts to support the balancing of entries on DET’s books of account.

Financial Reporting Support:

• Assist in conducting ad hoc studies and analyses, and preparing regular and ad hoc reports to support decision-making.
• Prepares and submits periodic accounts and financial analysis reports and statistics in a timely manner and submits to line manager.
• Contributes to the monthly reporting process by ensuring that all invoices and payments are entered into the accounting system.