Accounts Receivable Accountant

Savola Group; Saudi Arabia; On-site; SAR 60,000 - 90,000; Full time

Job summary

A leading company in the oil & gas sector is seeking an Accounts Receivable Accountant to manage daily cash collections, oversee deposits and maintain accurate accounting records. This role requires diligent oversight of customer balances, inventory management, and compliance with internal controls to ensure financial integrity.

Qualifications

• Experience with cash handling and bank transaction monitoring.
• Strong reconciliation skills with attention to detail.
• Familiarity with internal control procedures.

Responsibilities

• Collect and manage cash and cheques from salesmen daily.
• Record transactions in the general ledger and support with documentation.
• Reconcile balances and conduct monthly inventory checks.

Skills

Accounting

Reconciliation

Cash Management

Internal Controls

Inventory Management

Education

Bachelor's degree in Finance or Accounting

Job description

This job description provides a comprehensive list of responsibilities and requirements for an Accounts Receivable Accountant. However, it can be improved for clarity and readability by organizing the information more effectively and removing irrelevant content such as the disclaimer and related searches, which are not part of the job role itself. The formatting can be enhanced using appropriate HTML tags to improve visual structure and engagement.

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Job Responsibilities

• Collect cash and cheques from salesmen daily, issue receipts, and maintain related records.
• Deposit cash/cheques in the bank daily, record and monitor bank transactions.
• Enter daily transactions into the general ledger system, supporting all journal entries with appropriate documents.
• Apply internal control mechanisms using company finance procedures to ensure accurate accounting statements.
• Attach all transaction-related documents (Gate Pass, Returns Slip, Route Summary, Inventory, Stock Movement, Sales and Remittance Summaries, Invoices) with proper signatures and stamps.
• Ensure all sales and credit invoices are signed by the Depot Supervisor before submission for verification, maintaining invoice sequence including voided documents.
• Reconcile credit customer balances with records; report variances to the Accounting Manager.
• File all credit invoices, cash short reports, and confirmation documents for future reconciliation.
• Conduct monthly random checks on unpaid invoices and inventory accuracy, highlighting variances.
• Perform monthly inventory counts to verify stock accuracy with book balances.
• Physically check expired products during dumping.
• Assist auditors with journal entry examinations.
• Manage cash in transit and petty cash, verifying vouchers and ensuring compliance with expense authority policies.
• Monitor accounts receivable aging, overdue invoices, and salesmen accountability.
• Provide inventory aging reports, especially near expiry.
• Perform other duties as assigned.

Company Industry

• Oil & Gas

Department / Functional Area

• Accounts
• Taxation
• Audit
• Company Secretary

Keywords

• Accounts Receivable Accountant