Senior Accounts Receivable

Richemont; Saudi Arabia; On-site; SAR 50,000 - 90,000; Full time

Job summary

Join a prestigious luxury goods company as a Senior Accounts Receivable professional, where you'll leverage your finance expertise to enhance operations in a dynamic and diverse team. This role offers the chance to manage critical finance functions, including AR management and compliance with local regulations. You'll be part of a family-oriented organization that values innovation and personal growth, providing you with ample opportunities for career advancement. If you're passionate about accuracy and problem-solving, this position is your gateway to a fulfilling finance career in a leading luxury brand.

Benefits

Career development opportunities

Diverse and creative team environment

Family-spirited company culture

Qualifications

• 5+ years experience in accounting and finance, specifically in AR.
• Strong knowledge in KSA VAT and accounting processes.

Responsibilities

• Manage general ledger entries and prepare monthly reports.
• Oversee credit risk management and ensure compliance.

Skills

Accounts Receivable Management

Credit Management

Analytical Skills

Problem-Solving

Communication Skills

Attention to Detail

Education

Bachelor's degree in Accounting

Tools

SAP

Microsoft 365

Job description

Are you a finance professional with a passion for accuracy, a knack for problem-solving, and a desire to contribute to a leading luxury goods company Richemont is seeking a talented and experienced Senior Accounts Receivable to join our KSA FC&R team!

About Richemont

Richemont is a Switzerland-based luxury goods holding company, home to some of the world's most prestigious Maisons in jewelry, watches, and writing instruments. Founded in 1988 by Johann Rupert, we are a family-spirited Group that values heritage, innovation, and the diverse talents of our employees. At Richemont, you'll find a creative, ambitious, and diverse team, and the opportunity to grow beyond your job title.

The Opportunity

As a Senior Accounts Receivable, you will play a vital role in ensuring the efficient and compliant administration of our finance operations in KSA. Reporting to the Reporting and Accounting Manager KSA, you will oversee credit risk management, drive continuous improvement, and foster a culture of trust and compliance with internal and external stakeholders.

Key Responsibilities

• Policies, Processes & Procedures: Adhere to all relevant departmental policies and regulatory requirements (ZATCA, SAMA, MOC).
• Reporting & Accounting: Manage general ledger entries, prepare accurate monthly reports, and reconcile accounts.
• Accounts Receivable Management: Supervise AR accounting reports, identify and rectify discrepancies, and provide clarifications to FP&A and Finance operations.
• Client Refunds & Payments: Process client refunds, book cash collection fees, and manage staff purchase payments.
• Sales Reporting: Prepare sales flash reports and share with key stakeholders.
• Credit & Consignment Limits: Ensure WS credit limits are calculated semi-annually and consignment limits are in place.
• Day-to-Day Operations: Support BTQs, improve processes, and respond to boutique inquiries.
• Reconciliations: Reconcile credit card payments, cash transactions, client refunds, and e-commerce returns.
• Tax & Zakat: Collect data for accurate tax calculation and prepare relevant reports.
• E-Invoicing: Follow up on E-invoices (B2C and B2B) for submission to ZATCA.
  
  

Qualifications

• Bachelor's degree with an accounting major (highly preferable).
• Minimum of 5 years experience in accounting and finance, specifically in AR.
• Experience in the retail industry (advantageous).
• Credit Management Experience.
• Knowledge of accounting department processes.
• Knowledge of computerized accounting system especially SAP.
• Strong knowledge in KSA VAT.
• Proficient in Microsoft 365 tools (MS Teams, SharePoint).
  
  

Personal Attributes

• Effective communication and relationship-building skills.
• Presentation skills.
• Ability to work under pressure and with multiple stakeholders.
• Excellent analytical and problem-solving skills.
• High attention to detail and accuracy.
• Proactive with strong time-management and organizational skills.
• Compliance mind-set.
• High degree of credibility and integrity.
• Ability to lead projects.
  
  

Why Join Richemont

• Be part of a reputable and professional leading company in the luxury industry.
• Work in a creative, ambitious, and diverse team.
• Enjoy opportunities for career development and growth.
• Contribute to a family-spirited Group that values its heritage and employees.
  
  

Ready to take the next step in your finance career Apply now and become part of the Richemont family!