AR Accountant

To work within Accounts Receivable through customer setup and invoicing/billing, applying payments on customer accounts, credit notes/receipts, communicating with customers & Sale team. Monitor aged accounts receivable and follow up on past due accounts. Support Departments by preparing various ad hoc accounts receivable and sales reports.

Responsibilities

General Accounting and Reporting

·        Ensure full compliance with IAS/IFRS and maintain consistency relating to all financial matters.

·        Ensure adherence with financial policies and procedures set out by the company.

·        Ensure accuracy and adherence with Company timelines for Monthly Financial Reporting. follow-up & clean the books , reconcile customer account on monthly basis.

·        Preparing non-routine financial data as requested to support management decision – making.

·        Coordination & Communication with internal or external party for any matter which affects the accounting process.

·        Support the proper completion of external and internal audit engagements in a timely manner.

Internal Controls and Compliance

·        Ensure providing quality work and accurate reports.

·        Monitor the ageing and client status to ensure credit limit set are aligned with the approved coverage.

·        Review the credit limit given to customers on quarterly basis, notify & declare aged invoice to insurance company

·        Ensure all Receivable processes are in compliance with the internal audit policy (DOA, Supporting’s documents, filling).

·        Ensure The proper recording and filing of any new contract, invoices & credit notes issued with its related supporting documents on share point.

·        Maintain and update tracker sheet for reconciliation.

·        Follow up on open receipts

·        Assist in rectifying any Internal Audit comments.

   Accounts Receivables

·        Prepares, verify, and records customer payments and transactions related to accounts receivable.

·        Provide collection assistance to operation team and line manager.

·        Coordinate the preparation of reports for and participate in Finance & collection meetings.

·        Contact clients via phone, email, and formal letters to follow-up on status of unpaid invoices Negotiate, document, and arrange payment schedules.

·        Reconciling books with Customers monthly to ensure minimal discrepancies.

·        Assist with special projects, including creating, formatting, and editing Excel spreadsheets.

Workload Planning

·        Develop weekly workload planning schedules in conjunction with the line manager, taking a proactive approach to tasks, to efficiently manage own workload

Qualifications

Education - BA degree in Business Administration(Finance/ Accounting)

Experience - 5 years of progressively responsible experience

Language: Arabic and English

Excellent attention to detail.

Excellent organizational skills.

Microsoft office – Excel & word.

Having experience with SAP B1 system.