Senior Manager - Accounts Receivables

DP World; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

A global logistics company in Dubai seeks an experienced Accounts Receivable Manager to oversee financial functions while ensuring accurate month-end and year-end closing. Responsibilities include driving collections, coordinating audits, and managing account reconciliations. The ideal candidate will possess strong analytical skills and a proven track record in financial management. This role offers an opportunity to contribute to a leading logistics firm's financial accuracy and operational efficiency.

Qualifications

• Proven experience in managing accounts receivable functions.
• Strong analytical skills for compiling and analyzing financial reports.
• Ability to coordinate with internal and external auditors.

Responsibilities

• Oversee the Accounts Receivable function ensuring accuracy in financial reporting.
• Drive collections and monitor accounts receivable activities.
• Conduct regular meetings with business units to resolve financial issues.

Job description

Overview

Manages and oversees the Accounts Receivable functions for the Parks & Zones Business vertical ensuring Financial Accounting Functions are carried out in an effective and accurate manner with a primary focus on proper month-end/year-end procedures, timely financial reporting & smooth completion of internal/ external audits. Also in charge of managing the Revenue Assurance Function.

Key Responsibilities

1. Oversee the Accounts Receivable function and focus on the important areas of accounting, revenue recognition, compliance with the Accounting Standards and related metrics reporting to ensure completion of Month-end and Year-end Procedures and closing of accounts thereby ensuring financial accounting functions are effectively carried out on a monthly and yearly basis assuring timely and accuracy.
2. To supervise coordination with auditors (Internal, External, Government) to ensure smooth completions of audits and provide other relevant information and support as and when required.
3. Responsible for the functions’ Balance Sheet reconciliations – monitoring & supervision as well as allocation of resources to ensure all AR related functions, activities and accounts are monitored effectively and balances reconciled including subledger-ledger, Inter Company, etc.
4. Drive collections and support the team by escalating discrepancies through the appropriate internal and external channels.
5. To ensure that all money receivable to DP World is collected in timely manner, and ensure all disputed cases are closed effectively monitored, tracked and highlighted as per the Operational Procedures.
6. To compile and analyze Collection, Ageing, DSO and other Reports and metrics and share the same with the internal and external stakeholders/departments.
7. Compilation of Provisions and overview of the AR Ageing, monitoring and control of daily AR Operational areas such as Payment Flexibility, PDC Extension, Bounced Cheques, etc.
8. Presentations and reports on Ageing, AR Analysis, proposal comparison and process improvement and all Ad Hoc Management and Reporting requirements.
9. To conduct regular meetings and discussions with other business units and departments to identify and resolve financial issues.
10. To Co-ordinate with other sections of Finance such as Receivables, Payables and Treasury to ensure proper recording of transactions, rectification of errors, if any, providing support & resolving issues.
11. Responsible for the effective and efficient workflow and performance of the Accounts Receivable team, against defined goals and objectives, including but not limited to, revision and review of Operating Procedures and Policies.
12. Assist with Systems Implementation & Other IT issues related thereby ensuring updated financial systems to meet financial requirements with a view to identifying, evaluating and driving continuous improvement of the finance function in collaboration with wider stakeholders of DP World.