Junior Accountant (AR)

Job Purpose:

To support the growing need in billing, accounts receivable function along with routine departmental activities.

Job Description:

• Billing and Invoicing: Generate and distribute accurate and timely invoices to customers, ensuring adherence to company policies and contract terms.
• Cash Application: Process customer payments, accurately applying cash receipts to outstanding invoices and reconciling discrepancies.
• Collections: Manage the collections process, including contacting customers regarding overdue payments, negotiating payment plans, and escalating delinquent accounts as necessary.
• Account Reconciliation: Reconcile accounts receivable balances, ensuring accuracy and identifying any discrepancies. Investigate and resolve outstanding issues promptly.
• Reporting: Prepare and analyse accounts receivable reports, including aging reports, cash flow forecasts, and bad debt analysis. Present findings to management.
• Credit Management: Evaluate customer creditworthiness and recommend credit limits. Monitor customer payment history and identify potential credit risks.
• Internal Controls: Adhere to internal controls and procedures related to accounts receivable to ensure the integrity of financial data.
• Customer Service: Provide excellent customer service to internal and external stakeholders, addressing inquiries and resolving issues effectively.
• Process Improvement: Identify opportunities for process improvement and contribute to the development of more efficient accounts receivable procedures.
• Other Duties: Perform other related duties as assigned by the supervisor or management.

Required Criteria:

• Bachelor Degree in Finance or relevant
• 2+ years UAE experience in handling accounts receivable
• Proficient in MS Office