Finance Executive – Accounts Receivable

To manage and oversee the accounts receivable function by ensuring timely invoicing, accurate tracking of customer payments, and effective follow-up for collections in line with the company’s financial policies and UAE regulations.

Responsibilities:

• Invoicing & Billing:

1. Generate accurate and timely invoices for property sales, rentals, and service charges.
2. Ensure all invoicing complies with contracts, payment schedules, and VAT requirements.

• Receivables Management:

1. Monitor outstanding balances and aging reports.
2. Follow up with customers and brokers for timely payments.
3. Reconcile receivables ledger and resolve discrepancies or short payments.

• Collection Follow-ups:

1. Coordinate with sales, legal, and broker relations teams for collection efforts.
2. Send payment reminders, dunning letters, and escalations where required.

• Bank Reconciliations & Posting:

1. Record receipts against invoices accurately in ERP/finance systems.
2. Reconcile customer payments and update customer statements.

• Reporting:

1. Prepare weekly/monthly AR aging reports.
2. Assist in cash flow forecasting related to receivables.
3. Highlight potential defaults or delays to management.

• Compliance & Documentation:

1. Maintain accurate documentation for all AR transactions.
2. Ensure compliance with UAE VAT laws and real estate regulations.
3. Support audit processes by providing necessary AR documentation.