Account Receivables Assistant - Education sector

Sundus Gulf; Abu Dhabi; On-site; AED 120,000 - 180,000; Full time

Job summary

A leading company specializing in higher education finance is seeking to hire a Financial Analyst to manage accounts receivable, enhance cash flow forecasting, and ensure compliance with VAT regulations. The ideal candidate will have a strong background in finance, demonstrated analytical capabilities, and experience with multi-currency operations. Join a dynamic team where you will liaise with internal stakeholders and contribute to the financial health of the institution.

Qualifications

• 5-7 years in higher education finance or multinational corporate finance required.
• Experience with UAE VAT compliance and India GST frameworks is essential.
• Strong analytical and reconciliation skills are crucial.

Responsibilities

• Manage receivables and monitor financial transactions.
• Prepare financial reports on collections and cash forecasts.
• Ensure compliance with VAT requirements and facilitate audits.

Skills

Analytical Skills

Communication

Problem-Solving

Attention to Detail

Collaborative Approach

Arabic Proficiency

Multi-Currency Management

Stakeholder Engagement

Education

Bachelor's Degree in Finance

Bachelor's Degree in Accounting

Bachelor's Degree in Business Administration

Tools

ERP Financial Modules

Student Information Systems (SIS)

Job description

Duration : One Year Renewable

Job Purpose

Ensures the recording and posting of different revenue streams and collaborating with internal stakeholders on the data related to the receivables so that timely follow ups can be performed with the external parties for the receipt of the same and forecasting the cash flow through the dashboards for the university stakeholders.

Core Responsibilities

• Issues and releases invoices and receipts to the customers and donors for all receivables by monitoring the data portals of internal stakeholders to capture the receivable transactions through their systems.
• Monitors the daily collection received in the bank, records the receipts to performs matching of remittances.
• Reconciles the accounts receivable ledger to ensure that all payments are accounted for and posted. # LI-KS1
• Maintains and updates the customer master data in the system to ensure the effectiveness of the system generated automated communication
• Analyses the aging report to capture the outstanding balances of the customers and plan the follow ups to ensure a healthy cash flow.
• Prepares the education payment plans for defaulting payments to facilitate easy payment processing in instalments.
• Provides clarifications to the parents / students on the tuition fees payment related queries and payment schedules.
• Reviews the delayed payments and identifies parties for the credit hold action for management approval based on the internal policies.
• Engages with customers on late payments to avoid late payments, disputes or defaults.
• Ensures compliance with the FTA requirements by preparing the required data and facilitating the filing the VAT returns through external consultants.
• Prepares periodic reports to the Management to provide information on the collection and cash forecast.
• Reconciles and prepares accounting schedules for monthly and annual closing to meet the Management reporting requirements
• Supports in the departmental projects to enhance the effectiveness of the function and provides information to internal and external stakeholders as required
• Meets the requirements and documentation of internal and external auditors to ensure compliance to internal policies and external auditing standards
• Supports the processes related to the selection of beneficiaries of the scholarships granted in the University by reviewing documents submitted to ensure conformance to the defined criteria.

Qualifications and Experience

Academic Credentials :

Bachelor's degree in finance, Accounting, or Business Administration

Technical Expertise :

Hands-on experience with ERP financial modules (Accounts Receivable, General Ledger).

• Working knowledge of Student Information Systems (SIS)

Professional Experience :

5-7 years in higher education finance or multinational corporate finance

• Proven experience managing receivables in multi-currency and multi-system operations
• Experience with UAE VAT compliance (FTA e-invoicing) and India GST frameworks

Regulatory Knowledge :

IFRS implementation for financial instruments / leases / insurance

• Familiarity with UAE ESR (Economic Substance Regulations) and ADEK funding compliance.

Comptencies and Attributes :

Strong analytical and reconciliation skills.

• Effective stakeholder communication and problem-solving abilities.
• High attention to detail with a proactive and collaborative approach.
• Arabic language proficiency is an advantage.
• Dual qualification or cross-border taxation knowledge (UAE India) is preferred