AR Accountant

Groupe SEB; Jeddah; On-site; SAR 150,000 - 200,000; Full time

Job summary

A multinational company in Saudi Arabia is seeking an Accounts Receivable professional responsible for customer setup, billing, and credit processing. The ideal candidate has a BA in Business Administration, at least 5 years of experience, and proficiency in both Arabic and English. This role involves ensuring compliance with financial regulations and preparing accurate reports, requiring strong attention to detail and organizational skills.

Qualifications

• 5 years of progressively responsible experience in accounting roles.
• Excellent attention to detail and organizational skills.

Responsibilities

• Monitor aged accounts receivable and follow up on past due accounts.
• Prepare various ad hoc accounts receivable and sales reports.
• Ensure compliance with IAS/IFRS regulations.
• Coordinate and communicate with internal or external parties.

Skills

Attention to detail

Organizational skills

Language proficiency in Arabic and English

Experience with SAP B1 system

Education

BA degree in Business Administration (Finance/Accounting)

Tools

Microsoft Excel

Microsoft Word

Job description

To work within Accounts Receivable through customer setup and invoicing/billing, applying payments on customer accounts, credit notes/receipts, communicating with customers & Sale team. Monitor aged accounts receivable and follow up on past due accounts. Support Departments by preparing various ad hoc accounts receivable and sales reports.

Responsibilities

General Accounting and Reporting

• Ensure full compliance with IAS/IFRS and maintain consistency relating to all financial matters.
• Ensure adherence with financial policies and procedures set out by the company.
• Ensure accuracy and adherence with Company timelines for Monthly Financial Reporting. follow-up & clean the books , reconcile customer account on monthly basis.
• Preparing non-routine financial data as requested to support management decision – making.
• Coordination & Communication with internal or external party for any matter which affects the accounting process.
• Support the proper completion of external and internal audit engagements in a timely manner.

Internal Controls and Compliance

• Ensure providing quality work and accurate reports.
• Monitor the ageing and client status to ensure credit limit set are aligned with the approved coverage.
• Review the credit limit given to customers on quarterly basis, notify & declare aged invoice to insurance company
• Ensure all Receivable processes are in compliance with the internal audit policy (DOA, Supporting’s documents, filling).
• Ensure The proper recording and filing of any new contract, invoices & credit notes issued with its related supporting documents on share point.
• Maintain and update tracker sheet for reconciliation.
• Follow up on open receipts
• Assist in rectifying any Internal Audit comments.

Accounts Receivables

• Prepares, verify, and records customer payments and transactions related to accounts receivable.
• Provide collection assistance to operation team and line manager.
• Coordinate the preparation of reports for and participate in Finance & collection meetings.
• Contact clients via phone, email, and formal letters to follow-up on status of unpaid invoices Negotiate, document, and arrange payment schedules.
• Reconciling books with Customers monthly to ensure minimal discrepancies.
• Assist with special projects, including creating, formatting, and editing Excel spreadsheets.

Workload Planning

• Develop weekly workload planning schedules in conjunction with the line manager, taking a proactive approach to tasks, to efficiently manage own workload

Qualifications

• Education - BA degree in Business Administration(Finance/ Accounting)
• Experience - 5 years of progressively responsible experience
• Language: Arabic and English
• Excellent attention to detail.
• Excellent organizational skills.
• Microsoft office – Excel & word.
• Having experience with SAP B1 system.