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Accounts Receivable Specialist

2 months ago


Dubai, Dubai, United Arab Emirates Talent Pal Full time
Job Summary

Talent Pal is seeking a highly skilled Accounts Receivable Specialist to join our team. As a key member of our finance department, you will be responsible for managing and processing financial transactions, ensuring accuracy and efficiency in our accounts receivable process.

Key Responsibilities
  • Financial Transaction Processing: Process and record invoices, receipts, and other financial transactions related to accounts receivable, ensuring accuracy and completeness of data entry and maintaining proper documentation.
  • Invoice Generation and Management: Generate and send accurate and timely invoices to customers or clients, verifying the accuracy of billing information, such as prices, quantities, discounts, and payment terms.
  • Overdue Account Management: Monitor and follow up on overdue accounts and outstanding payments, communicating with customers to resolve payment discrepancies, arrange payment plans, and ensure timely collection of payments.
  • Account Reconciliation: Perform regular reconciliations of customer accounts to ensure accurate recording and allocation of payments, investigating and resolving any discrepancies or issues identified during the reconciliation process.
  • Customer Information Management: Maintain accurate and up-to-date customer information in the accounts receivable system, updating customer records, contact details, credit limits, and payment terms as necessary.
  • Reporting and Analysis: Prepare regular reports and analysis related to accounts receivable, including aging reports, cash flow projections, and collection performance metrics.
  • Collaboration and Communication: 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.
  • Compliance and Regulatory Knowledge: Ensure compliance with company policies, procedures, and relevant accounting standards, staying updated on industry regulations and best practices related to accounts receivable management.
  • Technical Skills: Utilize accounting software, enterprise resource planning (ERP) systems, and other tools to manage accounts receivable processes efficiently, identifying areas for process improvement and efficiency gains within the accounts receivable function.
Requirements
  • Education: Bachelor's degree in accounting, finance, or a related field (preferred)
  • Experience: Proven experience in accounts receivable or a similar finance role
  • Skills: 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, proficiency in Microsoft Excel and other office applications.