SENIOR MANAGER - ACCOUNTS RECEIVABLES

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

Job description

Key Responsibilities

1. Oversee the Accounts Receivable function, focusing on accounting, revenue recognition, compliance with standards, and metrics reporting to ensure timely and accurate month-end and year-end closing of accounts.
2. Supervise coordination with auditors (internal, external, government) to ensure smooth audits and provide necessary information and support.
3. Manage balance sheet reconciliations for the AR function, including monitoring, supervision, and resource allocation to ensure effective management of all AR-related accounts and activities.
4. Drive collections and support the team by escalating discrepancies through appropriate channels.
5. Ensure timely collection of receivables and effective management of disputed cases, including monitoring, tracking, and highlighting issues as per operational procedures.
6. Compile and analyze reports on collections, aging, DSO, and other metrics, sharing insights with stakeholders.
7. Oversee provisions, AR aging, and operational areas such as payment flexibility, PDC extensions, and bounced cheques.
8. Prepare presentations and reports on aging, AR analysis, process improvements, and ad hoc management requirements.
9. Conduct regular meetings with other departments to identify and resolve financial issues.
10. Coordinate with finance sections like receivables, payables, and treasury to ensure proper transaction recording and error rectification.
11. Ensure efficient workflow and performance of the AR team, including revision of procedures and policies.
12. Assist with system implementation and IT issues to ensure updated financial systems and drive continuous improvement in the finance function.