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Accounts Receivable & Working Capital Manager

Fugro Geotech Private Ltd..

Eastern Province

On-site

SAR 120,000 - 150,000

Full time

29 days ago

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Job summary

A leading company in the Eastern Province is seeking an AR & Working Capital Manager to oversee accounts receivable processes and optimize working capital. The role involves managing a team, ensuring compliance, and collaborating with departments to support financial health. Ideal candidates will have a strong background in finance, excellent analytical skills, and a bachelor's degree in a relevant field.

Benefits

Competitive salary and benefits package
Opportunities for professional development
Collaborative work environment

Qualifications

  • Minimum of 5 years of experience in accounts receivable and working capital management.
  • Strong understanding of financial principles and practices.

Responsibilities

  • Oversee the accounts receivable department and ensure timely processing of payments.
  • Develop and implement strategies to optimize working capital.

Skills

Analytical skills
Problem-solving skills
Communication skills
Interpersonal skills
Attention to detail

Education

Bachelor's degree in Finance
Bachelor's degree in Accounting
Bachelor's degree in Business Administration

Tools

Financial software
Microsoft Office Suite

Job description

We are seeking a highly skilled and experienced AR & Working Capital Manager to join our team in Dammam. The successful candidate will be responsible for managing the accounts receivable (AR) processes and optimizing working capital to ensure the financial health and stability of the organization.

Key Responsibilities:
  1. Oversee the accounts receivable department, ensuring timely and accurate processing of incoming payments.
  2. Manage invoicing, collection of payments, and proper application of cash.
  3. Handle deductions and assess credit risk to minimize potential financial losses.
  4. Develop and implement strategies to optimize working capital and improve cash flow.
  5. Monitor and analyze key performance indicators (KPIs) related to AR and working capital.
  6. Collaborate with other departments to ensure seamless financial operations and support business growth.
  7. Prepare regular financial reports and present findings to senior management.
  8. Ensure compliance with company policies, procedures, and relevant regulations.
  9. Lead and mentor a team of AR clerks, providing guidance and support to achieve departmental goals.
Qualifications:
  1. Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
  2. Minimum of 5 years of experience in accounts receivable and working capital management.
  3. Strong understanding of financial principles and practices.
  4. Excellent analytical and problem-solving skills.
  5. Proficiency in financial software and Microsoft Office Suite.
  6. Strong communication and interpersonal skills.
  7. Ability to work independently and as part of a team.
  8. High attention to detail and accuracy.
Preferred Qualifications:
  1. Professional certification such as CPA, CMA, or equivalent.
  2. Experience in the engineering or construction industry.
  3. Knowledge of Saudi Arabian financial regulations and practices.
  4. Competitive salary and benefits package.
  5. Opportunities for professional development and career growth.
  6. Collaborative and supportive work environment.
  7. Access to state-of-the-art facilities and resources.

Company Industry: [Information not provided]

Department / Functional Area:

  • Accounts
  • Taxation
  • Audit
  • Company Secretary

Keywords:

  • Accounts Receivable & Working Capital Manager

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