SENIOR MANAGER - ACCOUNTS RECEIVABLES

DP World Australia; Dubai; On-site; AED 200,000 - 250,000; Full time

Job summary

A leading logistics and port management company in Dubai is seeking an experienced Accounts Receivable Manager. The role involves overseeing the Accounts Receivable function to ensure compliance with accounting standards, driving collections, and managing the team effectively. Candidates should have a strong background in financial reporting and the ability to coordinate with auditors and internal stakeholders. This position offers a comprehensive overview of financial operations in a dynamic environment.

Qualifications

• Experience in overseeing Accounts Receivable and financial accounting functions.
• Strong analytical skills for compiling and analyzing reports.
• Ability to coordinate with auditors and business units.

Responsibilities

• Oversee Accounts Receivable function and ensure compliance with accounting standards.
• Supervise coordination with auditors for smooth audit completions.
• Monitor and reconcile Balance Sheet and AR related functions.
• Drive collections and manage disputes effectively.

Job description

Key Responsibility

• 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.
• 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.
• 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.
• Drive collections and support the team by escalating discrepancies through the appropriate internal and external channels.
• 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.
• To compile and analyze Collection, Ageing, DSO and other Reports and metrics and share the same with the internal and external stakeholders / departments.
• 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.
• Presentations and reports on Ageing, AR Analysis, proposal comparison and process improvement and all Ad Hoc Management and Reporting requirements.
• To conduct regular meetings and discussions with other business units and departments to identify and resolve financial issues.
• 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.
• 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.
• 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.