Accountant - AR and Collections

2 weeks ago


Dubai, Dubai, United Arab Emirates Al Douri Group Full time

Job Purpose:
Ensure that the company receives payments for goods and services and records these transactions accordingly. Secures revenue by verifying and posting receipts and resolving any discrepancies. Protects the company from doubtful accounts and transactions as well as limiting the general risk exposure in the market.

Key Accountabilities:
Creation of new customerCredit approval and onboarding new customer proceduresEnsuring contracts are in place and updated for major customersDirect follow-up with customers for outstanding invoicesFollow up with salesmen for outstanding invoicesAt the end of every month generation and distribution of SOAsReconciliation of customers ledgers with SOARecording and maintenance of daily receipts (cash and cheques) and depositing it to the bank on a daily basisPreparation and lodging of invoice discounting for Saudi and Qatar on a daily basis and follow up with Saudi and Qatar for pending invoicesPreparation of commission for all salesmenWeekly collection targets and variancesGetting Forecasted receipts for the monthBlocking customers with old/overdue balancesAny additional work assigned by CFO, FM

Minimum Qualification:
Bachelor's Degree in Accounting or related field. Master's Degree in Finance / CPA / ACCA certification will be an added advantage.

Minimum Experience:


Minimum 3 years or more experience as Accounts Receivable in manufacturing or retailSkills, Knowledge, and Abilities:Fluency in English in order to make formal communication with trade.

Good working knowledge of MS Office especially Excel. Highly advanced communication skills. Should have extensive knowledge of legal matters. Negotiating and presentation skills, self-starter, and self-motivator.
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