Receivable Accountant

About the Role

To provide financial, accounting, and administrative services to ensure efficient, timely and accurate payment of accounts. Secures revenue by verifying and posting receipts, resolving discrepancies.

Duties and Responsibilities:

• Prepare and maintain accounts receivable transactions and supervise all information updated in the accounting software.
• Create trackers and ensure accurate invoicing.
• Track revenue site-wise and ensure the invoicing team bills the un-invoiced revenue.
• Maintain proper invoice records against POs.
• Manage POs and maintain complete records.
• Follow up on payments, allocate them correctly, and monitor customer accounts.
• Actively manage cash flow by predicting and accelerating cash inflows.
• Adhere to accounting policies, procedures, and internal controls established by management.
• Handle customer inquiries, resolve disputes, and develop recovery strategies.
• Communicate with customers and invoicing staff via phone, email, or in person.
• Assist with month-end closing.
• Prepare monthly metrics, review AR aging, and provide financial data.
• Maintain accounts receivable customer files and records.
• Maintain accurate records, analyze accounts, and prepare financial statements.
• Maintain accounting controls by following policies and procedures and preparing and submitting reports to management.
• At the end of the month or year, record information such as accruals, deferrals, and interdepartmental entries into the company's accounting ledger, ensuring correctness of entries and balances.
• Receive credit and debit notes and post them timely in the system.
• Reconcile the ledger balance with the SOA of clients.
• Evaluate and implement AR automation tools and software.
• Assist colleagues and perform any other relevant tasks assigned by management.

Required Qualifications:

• Education: ACCA, Bachelor's degree in Accounting, Finance, or Master's in Commerce.
• Experience: 3-5 years of experience in accounts receivable, bookkeeping, or a similar financial role.
• Skills:
  • Proficiency in SAP Accounting software.
  • Strong understanding of basic accounting principles and practices.
  • Excellent attention to detail and accuracy in financial record-keeping.
  • Strong communication and interpersonal skills.
  • Ability to manage time effectively and prioritize tasks.

Preferred Qualifications:

• Experience with ERP systems.
• Knowledge of relevant accounting regulations and standards.
• Relevant experience in the Telecom or contracting industry of UAE.