Section Head- Accounts Receivable

Responsible for ensuring on time collections to ensure that the working capital process is functioning smoothly while optimizing department processes and building a lasting relationship with other custodians within and outside of the business

Key Duties & Responsibilities:

• Assigning tasks to the accounts receivable team in agreement with the accounting department’s goals on Group Level.
• Overseeing timely collection of payments.
• Monitoring invoicing procedures.
• Performing credit checks.
• Interacting with customers in non-payment cases.
• Creating and keeping records of invoices٫ bills٫ and deposits.
• Calculating Quarterly basis ECL for the Group.
• Closely working with IT team for the Enhancement of system.
• Forecasting monthly٫ quarterly and annual results and creating reports on them.
• Ensuring that all accounts receivable procedures follow legal regulations.
• Overseeing those accounts receivable, the team performs in agreement with accounting principles.
• Providing support to Accounts Receivable Clerks on their daily tasks.
• Follow changes and trends in industry niche and related legal regulations.
• Ensures that systems, policies, and procedures adhere to company policies while functioning with accuracy and timeliness.
• Ensure that the accounts payable and the company’s financial obligations are met efficiently.
• Be active on the customer service front and be quick and accurate with communication.
• Responsible for team performance, Performance Evaluation, providing necessary training and effective utilization of resources.
• Attend training and seminars to upgrade knowledge.
• Perform other duties as assigned by the immediate superior.

Qualifications & Requirements:

• Educational Qualification: Degree in the field of accounting

• Professional Experiences: Minimum of 5 years of experience related to similar positions.

• Competencies:

• Sound understanding of Accounting Receivable Process.
• Extensive knowledge of accounting and management principles and accounts receivable procedures.
• Proficiency with computers, especially business solutions and bookkeeping software.
• Excellent leadership roles and display problem-solving capabilities.
• Basic computer skills with prior experience working with accounting software like General Ledger software.
• Must have substantial ERP AR system experience.
• Strong interpersonal and communication skills to interact with employees, superiors, and customers.
• Strong analytical and time management skills.
• Good presentation skills and customer service skills
• Well planned, organized with keen attention to detail.
• Commitment to ethical behavior with a willingness to adhere to all company policies and current financial legislation.
• Language: English /Arabic /Hindi