Accounts Receivable Specialist

4 weeks ago


Sharjah, Sharjah, United Arab Emirates XAD Technologies Full time

Job Overview:

The primary objective of this role is to deliver comprehensive financial accounting and administrative support, ensuring the prompt and precise processing of accounts. This position plays a crucial role in securing revenue by verifying, recording receipts, and addressing any discrepancies that may arise.

Key Responsibilities:

  • Oversee and manage accounts receivable transactions, ensuring all data is accurately reflected in the accounting software.
  • Develop and maintain tracking systems to guarantee precise invoicing.
  • Monitor revenue on a site-by-site basis, ensuring that the invoicing team addresses any unbilled revenue.
  • Maintain organized records of invoices in relation to purchase orders.
  • Manage purchase orders and ensure complete documentation is kept.
  • Follow up on payments, accurately allocating them and monitoring customer accounts.
  • Proactively manage cash flow by forecasting and expediting cash inflows.
  • Comply with accounting policies, procedures, and internal controls set forth by management.
  • Address customer inquiries, resolve disputes, and formulate recovery strategies.
  • Engage with customers and invoicing personnel through various communication channels.
  • Assist in the month-end closing processes.
  • Prepare monthly metrics, review accounts receivable aging, and provide financial insights.
  • Maintain comprehensive accounts receivable customer files and records.
  • Ensure accuracy in record-keeping, analyze accounts, and prepare financial statements.
  • Uphold accounting controls by adhering to established policies and procedures, and prepare reports for management.
  • At the end of the month or year, accurately record accruals, deferrals, and interdepartmental entries in the company's accounting ledger, ensuring correctness of entries and balances.
  • Process credit and debit notes promptly in the system.
  • Reconcile ledger balances with clients' statements of account.
  • Evaluate and implement automation tools and software for accounts receivable.
  • Support colleagues and undertake any other relevant tasks as assigned by management.

Qualifications: ACCA, MCOM, and any bachelor's degree in accounting or finance.

Experience: 3 to 5 years in accounts receivable.

Remote Work: No



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