Account Receivables Assistant - Education sector

Sundus Recruitment and Outsourcing Services, Abu Dhabi; Abu Dhabi; On-site; AED 120,000 - 180,000; Full time

Job summary

A leading education sector company in Abu Dhabi is seeking an Account Receivables Assistant. The role includes managing invoices, ensuring compliance with financial regulations, and collaborating with internal stakeholders to maintain healthy cash flow. The position requires a bachelor's degree and extensive experience in finance, particularly in higher education or multinational corporations.

Qualifications

• 5-7 years in higher education finance or multinational corporate finance.
• Proven experience managing receivables in multi-currency operations.
• Experience with UAE VAT compliance and IFRS.

Responsibilities

• Issues invoices and receipts while monitoring receivable transactions.
• Reconciles accounts receivable ledger to ensure payments are accounted for.
• Provides clarifications to parents/students on tuition fee queries.

Skills

Analytical skills

Communication

Attention to detail

Education

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

Tools

ERP financial modules

Student Information Systems (SIS)

Job description

Role: JPC - 5099 - Account Receivables Assistant - Education sector

Location :Abu Dhabi

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.
• 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