Job Purpose:
To support the growing need in billing, accounts receivable function along with routine departmental activities.
Job Description:
- Billing and Invoicing: Generate and distribute accurate and timely invoices to customers, ensuring adherence to company policies and contract terms.
- Cash Application: Process customer payments, accurately applying cash receipts to outstanding invoices and reconciling discrepancies.
- Collections: Manage the collections process, including contacting customers regarding overdue payments, negotiating payment plans, and escalating delinquent accounts as necessary.
- Account Reconciliation: Reconcile accounts receivable balances, ensuring accuracy and identifying any discrepancies. Investigate and resolve outstanding issues promptly.
- Reporting: Prepare and analyse accounts receivable reports, including aging reports, cash flow forecasts, and bad debt analysis. Present findings to management.
- Credit Management: Evaluate customer creditworthiness and recommend credit limits. Monitor customer payment history and identify potential credit risks.
- Internal Controls: Adhere to internal controls and procedures related to accounts receivable to ensure the integrity of financial data.
- Customer Service: Provide excellent customer service to internal and external stakeholders, addressing inquiries and resolving issues effectively.
- Process Improvement: Identify opportunities for process improvement and contribute to the development of more efficient accounts receivable procedures.
- Other Duties: Perform other related duties as assigned by the supervisor or management.
Required Criteria:
- Bachelor Degree in Finance or relevant
- 2+ years UAE experience in handling accounts receivable
- Proficient in MS Office