Senior Accountant

Restore Talent; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

A finance consulting firm in Dubai is seeking an experienced Accounts Receivable (AR) Accountant to manage invoicing, collections, and compliance with UAE taxation regulations. The ideal candidate should have a Master’s degree in Finance or Business Administration and proficiency in SAP or Odoo. This role is critical for ensuring healthy cash flow and minimizing bad debts.

Qualifications

• Manage and monitor accounts receivable function.
• Ensure accurate invoicing and collection processes.
• Evaluate customer creditworthiness and set credit limits.

Responsibilities

• Generate and issue customer invoices accurately.
• Monitor customer accounts for irregularities.
• Follow up with customers for outstanding receivables.

Skills

UAE taxation knowledge

VAT compliance

SAP or Odoo proficiency

Advanced MS Excel

Education

Master’s Degree in Finance or Business Administration

CMA, ACCA, CA, CPA

Tools

SAP

Odoo

Job description

POSITION OVERVIEW

• The role of the Accounts Receivable (AR) Accountant is to manage and monitor the company's accounts receivable function, ensure timely and accurate invoicing, collection and reconciliations. Focusing on maintaining the DSO, AR Aging, collection efficiency and bad debt ratio. Knowledge of UAE taxation, VAT and CT. Knowledge of performance Bonds, Advance Payment Bonds, PDCs, LCs. The AR Accountant plays a critical role in maintaining healthy cash flow and minimizing bad debts.
• The role will report directly to the Finance Director.

KEY RESULTS/ACCOUNTABILITIES EXPECTED FROM THE ROLE

Invoicing and Billing

• Generate and issue customer invoices in accordance with sales agreements and company policies. Ensure accuracy of pricing, terms, and tax compliance (VAT or local tax systems).

Receivables Management

• Monitor customer accounts for non-payments, delayed payments, and other irregularities. Apply incoming payments against open invoices in SAP or Odoo.

Collection Activities

• Based on payment terms, follow up with customers for outstanding receivables via email, phone, and dunning letters. Coordinate with the sales team regarding customer account status or disputes. Maintaining the DSO KPIs, AR Aging and collection efficiency.

Reconciliation & Reporting

• Reconcile customer statements and balances regularly. Prepare AR aging reports and cash flow forecasts. Maintain proper documentation and audit trails.

Credit Control

• Assist in evaluating customer creditworthiness and setting appropriate credit limits. Escalate high-risk accounts to management for action. Minimizing the bad debts ratios and solving the customer dispute resolutions.

Compliance and Internal Controls

• Ensure compliance with internal policies and external financial regulations (e.g., VAT, IFRS). Support external and internal audits with AR documentation and schedules.

PREFERRED QUALIFICATIONS AND CHARACTERISTICS

Education & Certifications

• Preferred: Master’s Degree in Finance or Business Administration.
• Professional Certifications (anyone): CMA, ACCA, CA, CPA.

Technical Skills

• Proficiency in SAP and/or Odoo ERP systems is essential, Advanced MS Excel (Pivot Tables, VLOOKUP, etc.).