Accounts Receivable

InterContinental Hotels Group; Al Khobar; On-site; SAR 120,000 - 170,000; Full time

Job summary

InterContinental Hotels Group is seeking an AR Cash Application & Billing professional in Saudi Arabia to oversee regional AR operations, ensuring timely billing and accurate application of payments for hotels worldwide. The role emphasizes SOX-compliant processes and cross-functional collaboration with the reporting team.

The ideal candidate will hold a Bachelor's or Master's degree, have strong accounting knowledge, and be proficient with PeopleSoft and Essbase, with excellent communication

Qualifications

• Bachelor's or Master's degree in a relevant field or equivalent
• Knowledge of accounting principles and their application to company practices
• Good knowledge of PeopleSoft and Essbase systems

Responsibilities

• Oversee day-to-day Regional AR – Cash Application & Billing operations.
• Ensure timely and accurate billing to hotels and processing of payments.
• Support SOX-compliant audits and balance sheet reconciliations as needed

Skills

Communication

Flexibility

Cross-functional teams

Education

Bachelor's/Master's degree

Tools

PeopleSoft

Essbase

Job description

Role Purpose

The role will be to ensure the timely and accurate delivery of Billing team’s activities, applying cash in hotels’ account globally and includes providing support to other sub-functions such Reporting team in Balance Sheet Reconciliation, month end tasks and audit support. Ensure all the processing has correct accounting treatment in terms of AR vs. GL and all the receipts are applied on time in PeopleSoft and correctly recorded in customer ledger.

Key Accountabilities

• Responsible for oversight, direction of the day-to-day operations of Regional AR – Cash Application & billing which includes timely & accurate billing to hotels, application of Payment received from IHG franchised hotels, managed hotels and other debtors, in line with Service Level Agreements
• All queries from stakeholders are acknowledged and answered timely
• Ensure the completion of work within stipulated time to meet the process metrics
• Ensure seamless Audit and comply process activity as per SOX compliance

Key Skills & Experiences

Education and Experience

Bachelor's or Master's Degree in a relevant field of work or an equivalent combination of education and work-related experience.

Technical Skills and Knowledge

Accounting Knowledge: Good Knowledge of Accounting Principles and concepts and the ability to apply them to the company's Accounting practices.

System Knowledge: Good knowledge of the relevant IHG systems like People soft, Essbase etc.

Other Skills

Communication - Possess good communication skills.

Flexibility - Flexible to work in multiple shifts

Ability to work in cross functional teams