Accounts Receivable Specialist

Masdr - مصدر; Riyadh; On-site; SAR 120,000 - 180,000; Full time

Job summary

Masdr - مصدر is seeking a skilled professional to lead administration, operations, and continuous improvement of enterprise systems, identity platforms, and digital workplace technologies. You will oversee customer invoicing and accounts receivable processes, ensure VAT and WHT compliance, and participate in financial reporting and period-end close.

The role requires hands-on ownership during the initial phase, building operational standards and serving as a technical owner to scale service

Qualifications

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
• Strong knowledge of accounts receivable processes and financial operations.
• Experience with ERP systems (e.g., SAP, Oracle) is preferred.

Responsibilities

• Generate and issue accurate customer invoices in accordance with contracts and service agreements.
• Monitor customer accounts, track outstanding invoices, and payment status.
• Process, record, and reconcile customer payments in the accounting system.
• Perform account reconciliations and resolve billing discrepancies promptly.
• Prepare accounts receivable schedules and management dashboards for reporting.
• Support month-end and year-end close activities and assist audits.

Skills

People management

Budgeting

Change management

Reporting

Communication

Education

Bachelor's degree in Accounting/Finance/Business Administration

Tools

SAP

Oracle

Job description

Job Purpose:

Lead and directly execute the administration, operation, and continuous improvement of enterprise systems, identity platforms, digital workplace technologies, endpoint governance, and messaging security. The role is responsible for ensuring secure, reliable, and scalable operations while acting as the hands‑on technical owner during the initial phase, establishing operational standards, technical foundations, and service maturity as the organization grows.

Key Responsibilities:

People Management

• Organize and supervise the work of the assigned team to ensure that all work within a specific area of the activity is carried out in an efficient manner, which is consistent with operating procedures and policy.
• Provide guidance and on the job training for junior colleagues and conduct knowledge sharing to facilitate achievement of team objectives and completion of tasks in an efficient manner which is consistent with operating procedures and policy.

Budgeting and Financial Performance

• Monitor the financial performance of a given area of activity versus budgets and ensure all activities are carried out in line with the approved guidelines while promptly reporting on any variances to management.
• Provide inputs and implement policies, systems and procedure for the assigned team so that all relevant procedural/legislative requirements, fulfilled while delivering a quality, cost-effective service.

Change Management

• Participate in the identification of opportunities for continuous improvement and sustainability of systems, processes and practices considering global standards, productivity improvement and cost reduction.

Reporting

• Prepare required statements and reports timely and accurately to meet Masdr’s and department requirements, policies and quality standards.

Job-Specific Accountabilities:

Customer Invoicing

• Generate and issue accurate customer invoices in accordance with contracts and service agreements.
• Monitor customer accounts and track outstanding invoices and payment status.
• Process, record, and reconcile customer payments in the accounting system.
• Perform account reconciliations and resolve billing discrepancies promptly.

Accounts Receivable Management & Analysis

• Analyze accounts receivable data to identify payment trends and aging patterns.
• Prepare and maintain accounts receivable aging reports, accounts receivable reports, and management dashboards.
• Prepare monthly, quarterly, and annual accounts receivable analysis reports for management.
• Review financial and operational data to identify process improvement opportunities and enhance reporting accuracy.

Business Coordination

• Coordinate with the Treasury Collection team by providing invoice details, payment records, reconciliations, and supporting documentation to facilitate collection activities.
• Collaborate with departments to ensure billing accuracy and resolve invoice-related issues.

Compliance & Documentation

• Maintain accurate customer records and ensure compliance with company policies, accounting standards, and internal procedures.
• Ensure invoices comply with applicable Saudi VAT regulations and understand the application of Value Added Tax (VAT) and Withholding Tax (WHT) requirements in accordance with relevant Saudi laws and regulations.

Financial Reporting & Period-End Close

• Support month-end and year-end closing activities by ensuring accurate reporting and reconciliations.
• Assist in preparing accounts receivable schedules and reconciliations for financial reporting purposes.
• Support internal and external audits by providing the required accounts receivable documentation and records.
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• Perform any other duties assigned by management within the department.

Job Requirements:

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field

Experience

• Minimum 4-3years of experience in Accounts Receivable, collections, billing, or a similar finance role.
• Experience with ERP systems (e.g., SAP, Oracle, or similar) is preferred.
• Strong knowledge of financial operations and Accounts Receivable processes.

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