Accounts Receivable

1 week ago


Ajman, Ajman, United Arab Emirates DOLPHIN GROUP Full time

Overall Purpose of Role:

Responsibilities:

1.

Accounts Receivable Management:


  • Daily review of collection reports to ascertain status of collections and balances outstanding and reduce collection cycle times where possible.
  • Work closely with Division heads and sales team to ensure collection guidelines are adhered to and issues quickly resolved.
  • Works with internal departments and clients to regulate and resolve all outstanding Accounts Receivable claims and chargebacks and hold/release sales orders in accordance with internal rules, regulations and approvals.
  • To ensure maximum efforts have been taken before considering to be uncollectible and recommending for baddebt.
  • Manage information requests during yearend audits.
  • Responsible for review and maintenance of customer database.

2.

Credit Assessment and Approval:


  • Approves, establishes and maintains credit limits on all new and current customer accounts.
  • Reviews with management credit worthiness decisions and slow paying accounts.
  • Develop, implement, and maintain the groupwide credit policy. Regularly review and update credit policies based on changes in market conditions or company strategy.
  • Develop risk mitigation strategies, including the use of credit insurance or guarantees.

3.

Reporting and Analysis:


  • Prepare regular reports on accounts receivable status, credit risk exposure, and collection performance for senior management.
  • Analyze data to identify trends and areas for improvement. Present findings and recommendations to management and other stakeholders.
  • Support the preparation of budgets, forecasts, and longterm financial plans.
  • Special projects and tasks as directed by management and Board of directors.

Role Specific Competencies

  • Professional certification such as Chartered Accountant or Chartered Financial Analyst or Association of Chartered Certified Accountants or Masters in Business Administration (CA or CFA or ACCA Or MBA).
  • Minimum of 3 years of experience in accounts receivable and credit control management with a proven track record of success in a similar role.
  • Experience working in the UAE corporate sector.
  • Lead and manage the credit control team, providing guidance and support. Train and develop team members to enhance their skills and performance. Foster a collaborative and highperformance culture within the team.
  • Ability to develop action plans and followup to completion.
  • Strong communication and interpersonal skills, with the ability to effectively interact with internal and external stakeholders at all levels of the organization.
  • Proactive mindset, with the ability to work independently, prioritize tasks, and manage multiple projects in a fastpaced environment.

Job Types:
Full-time, Permanent

Ability to commute/relocate:

  • Ajman: Reliably commute or planning to relocate before starting work (required)

Application Question(s):

  • Did you hold a position like Chartered Accountant or Chartered Financial Analyst or Association of Chartered Certified Accountants or Masters in Business Administration (CA or CFA or ACCA Or MBA)?

Education:

  • Bachelor's (preferred)

Experience:

- accounts receivable and credit control management: 3 years (required)

Application Deadline: 27/05/2024
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