Senior Accountant Receivables

Trending

Job Description

Purpose of the role:

The Senior Accountant - Receivables is responsible for managing all receivables related to Baskin Robbins operations in the UAE. This role entails overseeing the Accounts Receivables (AR) function, ensuring accurate recording of transactions, timely reconciliation, and effective coordination with internal and external stakeholders to optimize cash flow and minimize bad debts.

Key Job Responsibilities

Finance

• Manage the UAE Accounts Receivables function, ensuring timely invoicing and accurate recording of receipts in Oracle.
• Allocate receipts against invoices accurately, maintaining proper documentation and records of all transactions.
• Reconcile Accounts Receivables on a regular basis and prepare Customer statements for the Sales Team to facilitate timely follow-up and collection.
• Conduct monthly closing of the AR Module in adherence to MIS submission timelines, ensuring reconciliation with the General Ledger (GL).
  
  

Customer

• Collaborate with the NTO team to provide necessary information and support for smooth operations.
• Create customer master records based on approved contracts and ensure all customer deductions align with agreements and approvals.
• Coordinate with customers and accompany salesmen on site visits, as needed, to follow up on payments and address any concerns or queries.
  
  

Internal Process

• Minimize bad debts from IBS customers through proactive follow-ups and effective credit control measures.
• Review Free of Charge (FOC) items and ensure proper approvals are obtained before processing.
• Enter credit notes against all approved deductions and discounts accurately and in a timely manner.
• Perform monthly reconciliation of the AR Module, ensuring accuracy and completeness of data for reporting purpose.
• Coordinate pricing and discount updates in collaboration with the Sales and Pricing teams, ensuring accurate and timely implementation across customer accounts and contracts
  
  

People

• Collaborate with internal teams and departments to streamline receivables processes and enhance efficiency.
• Provide guidance and support to junior staff members as needed.
• Perform other duties as delegated and required by managers, contributing to the overall success of the finance team.
  
  

Qualification, Experience & Skills

• Master's degree in Finance, Accounting, Business Administration, or related field preferred.
• Minimum of 5 years of progressive experience in accounting or finance roles, with a focus on accounts receivable and financial management.
• Proven experience in handling receivables for multinational or large-scale operations, preferably within the FMCG industry
• Demonstrated expertise in supplier reconciliation, invoice processing, and compliance with regulatory requirements.
• Proficiency in MS Excel
• Experience in ERP, preferably Oracle EBS
  
  

Job Info

• Job Identification 189
• Posting Date 10/10/2024, 08:22 AM
• Apply Before 11/20/2024, 08:22 AM
• Locations GB Dubai Office , Dubai, AE
• Division Food & Beverages Division
• Function Finance & Accounting