Accounts Receivable Officer
4 months ago
Do you see yourself as a Procurement Admin for InterContinental Hotels Group Dubai Festival City?
The InterContinental Hotels Group properties in Dubai Festival City consist of four hotels. These include the luxury brand InterContinental, the lavish long-stay InterContinental Residence Suites, the superior upscale Crowne Plaza, and the vibrant mid-scale Holiday Inn & Suites. In addition to over 1600 rooms, the four properties boast a selection of 16 restaurants and bars, an impressive 3,800-square-metre Event Centre across two levels, the 5,000-square-metre Festival Arena by InterContinental, the luxurious Spa InterContinental, and state-of-the-art gymnasium and swimming pool facilities. We are looking for people who are friendly, welcoming, and full of life to join over 1200 colleagues who are always finding ways to make every guest's experience an enjoyable one. We value the passion and enthusiasm of our colleagues and encourage you to share your passion when you work with us.
A little taste of your day-to-day:
- Process and record invoices, receipts, and other financial transactions related to accounts receivable. Ensure accuracy and completeness of data entry and maintain proper documentation.
- Generate and send accurate and timely invoices to customers or clients. Verify the accuracy of billing information, such as prices, quantities, discounts, and payment terms.
- Monitor and follow up on overdue accounts and outstanding payments. Communicate with customers to resolve payment discrepancies, arrange payment plans, and ensure timely collection of payments. Handle inquiries and provide customer support related to accounts receivable.
- Perform regular reconciliations of customer accounts to ensure accurate recording and allocation of payments. Investigate and resolve any discrepancies or issues identified during the reconciliation process.
- Maintain accurate and up-to-date customer information in the accounts receivable system. Update customer records, contact details, credit limits, and payment terms as necessary. Review and assess customer creditworthiness and make recommendations for credit limits or adjustments.
- Prepare regular reports and analysis related to accounts receivable, including aging reports, cash flow projections, and collection performance metrics. Provide insights and recommendations to management for improving cash flow and reducing outstanding receivables.
- Collaborate with internal teams, such as sales, customer service, and finance, to resolve customer issues, address billing inquiries, and improve the overall accounts receivable process. Maintain effective communication and foster positive relationships with customers and clients.
- Ensure compliance with company policies, procedures, and relevant accounting standards. Stay updated on industry regulations and best practices related to accounts receivable management.
- Utilize accounting software, enterprise resource planning (ERP) systems, and other tools to manage accounts receivable processes efficiently. Identify opportunities for process automation and contribute to system enhancements or implementations.
- Identify areas for process improvement and efficiency gains within the accounts receivable function. Propose and implement strategies to optimize cash flow, reduce DSO (Days Sales Outstanding), and enhance overall receivables management.
What we need from you:
- Bachelor's degree in accounting, finance, or a related field (preferred)
- Proven experience in accounts receivable or a similar finance role
- Strong knowledge of accounting principles and practices
- Proficiency in using accounting software and ERP systems.
- Excellent attention to detail and accuracy
- Strong analytical and problem-solving skills
- Effective communication and interpersonal skills
- Ability to prioritize tasks and meet deadlines.
- Knowledge of relevant legal and regulatory requirements
What you can expect from us:
We give our people everything they need to succeed, from a competitive salary that rewards all your hard work to a wide range of benefits designed to help you live your best work life - including impressive room discounts and some of the best training in the business.
Our mission is to welcome everyone and create inclusive teams where we celebrate differences and encourage colleagues to bring their whole selves to work. IHG Hotels & Resorts provides equal employment opportunities to all applicants. We promote a culture of trust, support, and acceptance, always welcoming different backgrounds, experiences, and perspectives.
IHG gives every member of the team the Room to Belong, Room to Grow, and a Room to Make a Difference in a collaborative environment. We know that to work well, we need to feel well - both inside and outside of work - and through our myWellbeing framework, we are committed to supporting wellbeing in your health, lifestyle, and workplace.
So, join us, and you’ll become part of our ever-growing global fa
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