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Accounts Receivable
1 month ago
The Role
**Key Responsibilities**: Accounts Receivable Management: - Oversee accurate and timely processing of customer invoices, credit memos, and statements using advanced automation tools. - Implement and manage systems for monitoring AR aging reports and automating follow-ups on overdue accounts. - Prepare and present weekly, monthly, and quarterly AR aging reports, collection reports, and other metrics to management. - Revenue Reconciliation between front-end and back-end system. - Develop data-driven strategies for resolving payment discrepancies and handling escalated issues. Process Optimization and Automation: - Continuously evaluate and improve AR processes, identifying areas for automation and efficiency gains. - Create and maintain detailed process maps and Standard Operating Procedures (SOPs) for all AR-related workflows. - Implement cutting-edge technologies to automate routine tasks and enhance overall productivity. - Data Analytics and Reporting - Utilize data analytics tools to prepare insightful AR aging reports, collection reports, and key performance metrics. - Develop predictive models to analyze trends in customer payment behavior and recommend data-driven action plans. - Design and implement automated dashboards for real-time financial reporting and analysis. Technology Integration and Innovation: - Collaborate with IT & ERP teams to integrate and optimize AR systems with other financial and operational platforms. - Stay abreast of emerging financial technologies and propose innovative solutions to enhance AR processes. - Lead initiatives to implement machine learning and AI technologies for improved credit risk assessment and collections.
**Requirements**:
About the company
Cloud Spaces, Aldar group's pioneering brand is a business and lifestyle co-working space with a lively and welcoming environment that is ideal for those looking for an inspiring place to work. It is Middle East's first coworking space located within a shopping mall, Yas Mall in Abu Dhabi ,our flagship location becoming the first shopping mall in this region to harbour such a concept within its premises. Our recent Expansion in Abu Dhabi Global Market financial centre has also given international clients a platform to conduct business and grow in the region. We offer a variety of contemporary and modern workspaces designed to deliver comfort and spark motivation. A co-working space solutions for anyone who is a creative entrepreneur, freelancer, large business entity or an SME by creating an environment to work, connect and collaborate. It is designed to offer a variety of solutions to suit work needs and unleash creativity, from fully furnished office suites, to spacious and ventilated lounges, sound-proof cubicles, open work desks and fully-equipped meeting rooms. Opportunity to work within a community and meet other professionals, and give a platform for business to grow to greater heights. The coworking zones make it easy for professionals from different companies to meet and form mutually beneficial business relationships. Considering the expansion plans, the company is looking out for professionals from various sectors who are committed and are ready to strive with the companies vision.
