Job closed
Ref: NP829-114
Job description / Role
SAR 10,000 + Bonus + Benefits
Leading Multinational Company
NTS Group are currently recruiting an AR Accountant for a leading multinational consumer company in Jeddah, KSA. Reporting into the Financial Controller, the AR Accountant will be responsible for the following;
Payment follow up & Collection:
- Ensure payments are collected from all customers as per due dates. Ensure overdue level is maintained below 5% threshold throughout the year.
- Ensure that advance communication is in place with sales management and customers to guarantee timely collection of dues. Proactively resolve all issues relating to shipments / returns /damages etc. that may adversely impact timely collection.
- Provide necessary support to sales team on daily collections and ensure accuracy & compliance in every collection.
- Provide management status of dues on & respective collections on weekly basis.
Order release management:
- Follow order release guidelines issued by management and ensure that order release process works ONLY within these set parameters & approval matrix.
AR management:
- Follow tools / tracking system to closely monitor Accounts Receivables on weekly basis. Put process in place to ensure every customer account is properly reconciled at least once a month.
- Liaise with Accounts Payable managing team to ensure all necessary entries are correctly & timely posted in customer accounts.
- Hold routine meetings with stakeholders concerned to iron out all open issues within reasonable time period.
- On a weekly basis provide manager a status of AR. Assist in preparation of AR analysis for monthly reporting pack.
Customer relationship:
- Ensure to meet all key customers regularly and help develop a win-win strategy for both JV & customers.
Documentation / Audit etc:
- Follow guidelines issued for record maintenance. Ensure Audit trails are in place and prepare necessary reports for Revenue Audit on monthly basis.
Requirements
- Degree in Accounting or Finance related field
- CA, CPA or ACCA Qualified/Part Qualified Preferred
- Min 3 years within an accounts receivable position
- Experience within a multinational company preferred
About the Company
NTS Group is a leading specialist recruitment firm and experts at recruiting skilled, qualified and professional people in the Middle East.
Our promise is simple. To provide our clients and candidates an expert, professional and bespoke service whilst maintaining the highest levels of integrity and honesty.
NTS Group specialise within contingency, retained and search based recruitment campaigns across the following sectors;
Finance & Accountancy Professional Office Support Sales & Marketing Operations
To our clients, we understand people are your biggest asset and the future of your business. This is why we focus on understanding not only your technical requirements, but your culture, values and vision in order to find the right people for your business first time.
To our candidates, we believe in honesty, integrity and supporting you throughout the entire process. We listen to what you want and proactively go to market to assist you in finding your dream job.