Senior Accountant - Account Receivable - UAEN - Dubai Holding Community Management

Dubai Holding; United Arab Emirates; On-site; AED 120,000 - 200,000; Full time

Job summary

A prominent property management company in the UAE is seeking a Senior Accountant in Accounts Receivable to manage the full accounts receivable cycle. Responsibilities include accurate invoicing, efficient collections, cash application, and reconciliation. Applicants should have 5-7 years experience in finance, a bachelor's degree in accounting or finance, and strong problem-solving skills. This role requires proficiency in accounting software and Excel. Competitive compensation and career growth opportunities are offered.

Qualifications

• Minimum of 5-7 years of experience in accounts receivable or finance roles, with 2-3 years in a lead capacity.
• Strong knowledge of billing practices and revenue recognition.
• Proficiency in accounting software and ERP systems.

Responsibilities

• Manage and oversee the accounts receivable cycle.
• Develop and implement effective collection strategies.
• Perform complex reconciliations of customer accounts.
• Ensure compliance with financial policies and internal controls.

Skills

Analytical skills

Communication skills

Organizational skills

Problem-solving skills

Customer-focused mindset

Education

Bachelor's degree in accounting or finance

Professional certification (e.g., CPA, ACCA, CMA)

Tools

SAP

Oracle

Microsoft Excel

Job description

Job Purpose:

The Senior Accountant - Accounts Receivable is responsible for managing and overseeing the full accounts receivable cycle for Dubai Holding Community Management. This role ensures timely and accurate invoicing, efficient collection of service charges and other revenues, precise cash application, and thorough reconciliation, significantly contributing to the company's cash flow management and maintaining robust client relationships.

Key Responsibilities:

1. Accounts Receivable Operations Management:

• Lead the end-to-end accounts receivable process, including the accurate and timely preparation and issuance of invoices for all services provided.
• Oversee and execute the precise posting and allocation of customer payments.
• Monitor customer accounts for non-payments, delayed payments, and other irregularities, ensuring proactive follow-up on outstanding receivables.

2. Collections & Dispute Resolution:

• Develop and implement effective collection strategies to minimize outstanding balances and bad debt.
• Act as a primary point of contact for complex billing discrepancies, payment disputes, and other issues raised by clients or internal stakeholders.
• Investigate and resolve complex accounts receivable issues in a timely, professional, and legally compliant manner.
• Liaise with customers via various communication channels to facilitate prompt payment and address inquiries.

3. Reconciliation & Analysis:

• Perform complex and regular reconciliations of customer accounts, bank statements, and general ledger accounts to ensure accuracy and resolve discrepancies.
• Prepare comprehensive reports on accounts receivable aging, collections performance, and cash flow projections for management review.
• Analyze accounts receivable data to identify trends, potential risks, and opportunities for process improvement.

4. Process Improvement & Compliance:

• Ensure strict adherence to DHCM's financial policies, procedures, and internal controls related to accounts receivable.
• Identify, recommend, and assist in implementing improvements to accounts receivable processes to enhance efficiency, accuracy, and compliance.
• Support internal and external audits by providing necessary documentation and explanations related to accounts receivable.
• Maintain complete and accurate records for all accounts, including detailed documentation of collection efforts, payment arrangements, and dispute resolutions.

5. Team Support & Collaboration:

• Provide guidance, mentorship, and support to junior team members within the Accounts Receivable function.
• Collaborate effectively with internal departments (e.g., Community Management, Legal, Sales) to resolve billing issues and ensure seamless operations.

6. Health, Safety, and Environmental (HSE) Responsibilities:

• Ensure full compliance with DHCM’s Health, Safety, and Environmental (HSE) Policy, governance framework, and standards by conducting all tasks according to HSE procedures, attending mandatory training, actively reporting hazards, near misses, or incidents, and utilizing appropriate Personal Protective Equipment (PPE) as identified in risk assessments.

Qualifications, Experience, & Skills:

• Qualifications & Experience:
  • Bachelor's degree in accounting, Finance, Business Administration, or a related field. Professional certification (e.g., CPA, ACCA, CMA candidate) is a plus.
  • Minimum of 5-7 years of progressive experience in accounts receivable or a broader finance role, with at least 2-3 years in a senior or lead capacity.
  • Strong knowledge of accounts receivable processes, credit management principles, billing practices, and revenue recognition.
  • Proficiency in accounting software and ERP systems (e.g., SAP, Oracle, Yardi, or similar).
  • Advanced proficiency in Microsoft Excel for data analysis and reporting.
• Skills:
  • Exceptional analytical and problem-solving skills with strong attention to detail and accuracy.
  • Superior communication, negotiation, and interpersonal skills, both written and verbal, for effective client and internal stakeholder interactions.
  • Strong organizational and time management skills, with the ability to prioritize tasks and meet deadlines in a high-volume environment.
  • Proven ability to manage and resolve complex financial discrepancies and disputes.
  • Customer-centric mindset with a commitment to maintaining positive client relationships.