Accounts Receivable Team Leader

BambooHR; Riyadh; On-site; SAR 150,000 - 200,000; Full time

Job summary

A leading technology start-up is seeking an Accounts Receivable Team Leader to manage and optimize the accounts receivable function. The role involves responsibilities such as reconciling payments, maintaining financial records, and leading a team while ensuring compliance with financial regulations. Ideal candidates will have a strong accounting background with proven leadership skills and the ability to implement process improvements.

Qualifications

• 5 years of progressive experience in accounts receivable.
• 2 years in a supervisory or team lead role; experience in a SaaS or technology-driven environment preferred.
• Strong understanding of accounting principles and financial reporting.

Responsibilities

• Reconcile customer payments and maintain accurate financial records.
• Gather and verify invoices for appropriate documentation.
• Perform daily cash management and update cash receipt logs.

Skills

Analytical Skills

Communication

Leadership

Education

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

Job description

About Us

Qoyod is a fast-growing technology start-up that provides seamless cloud based, state of the art accounting solutions that transform traditional business environments into an integrated technology framework that accelerates accounting operations and empowers accountants to be consultants and effective decision makers. Qoyod has been recognized by the Fastest Growing Accounting Solutions Award for 2021 and granted the Best Place to Work for Award for 2022.

Job Summary

As an Accounts Receivable Team Leader at Qoyod, you will be responsible for leading and optimizing the AR function by ensuring the timely and accurate tracking, processing, and reconciliation of incoming payments.

Responsibilities
- Reconcile customer payments and accounts to maintain accurate financial records.
- Gather and verify invoices for appropriate documentation prior to payment.
- Maintain accounts receivable records to ensure aging is up-to-date, credits and collections are applied, and discrepancies are resolved promptly.
- Perform daily cash management duties, including recording bank deposits, updating cash receipt logs, and posting cash to the accounts receivable sub-ledger.
- Prepare analytical and ratio analyses to provide management with insights into collection efforts.
- Assist in streamlining the accounts receivable process by identifying areas for improvement and implementing best practices.
- Ensure compliance with national and local financial requirements while maintaining integrity and confidentiality in financial reporting.

Qualifications

- Bachelor’s degree in Accounting, Finance, or a related field.
- 5 years of progressive experience in accounts receivable, with at least 2 years in a supervisory or team lead role, preferably within a SaaS or technology-driven environment.

- Strong understanding of accounting principles, financial reporting, and statutory compliance, preferably in the SaaS or technology sector.
- Demonstrated expertise in managing month-end and year-end close processes and financial audits.
- Advanced analytical and problem-solving skills, with a strategic mindset for improving processes and enhancing AR effectiveness.

- Excellent leadership and communication skills, with the ability to motivate and mentor team members toward achieving performance targets.