Bahraini Head of Receivables

Propel Consult

Bahrain

Posted
Ref: LP127-2387

Job description / Role

Employment: Full Time

Company
Our client is a semi-governmental Aviation Company. The company has more than 600 employees in a vast number of divisions and departments. They are currently looking for a Head of Receivables – Bahraini to be based in Bahrain.

Duties & Responsibilities:
• Ensure accuracy of the non-aeronautical bills and their conformity with the billing schedules and credit terms agreed between the Commercial Division and the customers.
• Monitor and manage the non-aeronautical bills are sent to customers and all amounts due are collected from all agencies.
• Record and provide the status of outstanding receivables and highlighting past due accounts.
• Review and take note and organize collection of doubtful debts and escalate to next levels for suitable actions.
• Highlight, recommend and communicate what next steps to be taken to resolve billing anomalies.
• Ensure accuracy of all aeronautical bills and their conformity with supplied aircraft movement details from Air Traffic Control.
• Monitor and manage the aeronautical billing process by ensuring bills are sent to customers and all amounts due are collected from all local and international airlines and agencies.
• Record and provide the status of outstanding receivables and highlighting past due accounts and doubtful debts
• Highlight, recommend and communicate the next steps to be taken to resolved billing anomalies.
• To monitor and report to the Manager Receivables with schedules on amounts collected on behalf of and payable to Civil Aviation Affairs and Ministry of Transportation & Telecommunications to reconcile at the end of the month.
• Review and approve the Receivables Aging Analysis report Send regular statements of accounts, reminder letters and notices to customers
• Initiate the recovery and remedial procedures as specified by the Company’s policies and procedures.
• Advice and review AR functions updates on all bank statements on a daily basis for direct payments or adjustments.
• Monitor and ensure daily deposit of all cash and cheques to company’s bank account.
• Highlighting and chasing amendment of variations and updates required in the Receivable policies and procedure manual.
• Manage all new finance related projects for the company and its shared services customers as advised by the Management.
• Provide, recommend and manage Finance related ICT projects.

Requirements

Qualification & Requirements:
• Bachelor’s Degree in Finance discipline
• Minimum 5-8 years of experience in a similar role in a similar or larger organization.
• Must be well equipped and knowledgeable of Oracle Receivables Module.
• Excellent capabilities with MS Office programs
• Strong leadership skills
• Must possess a high sense of responsibility and urgency among team
• Ability to promote customer centric culture across the organization
• Candidate must be Bahraini

About the Company

Propel Consult delivers a service in step with the needs of both our client companies and candidates. Our ability to add value to all levels of recruitment stems from our wholehearted belief in providing a professional service to both parties. We have built relationships with many leading indigenous and mulitnational organisations throughout the Middle East and internationally in countries such as UAE, Qatar, Saudi Arabia, Oman, Bahrain, Kuwait, Egypt and many more. Concentrating our resources has created 5 distinct specialist divisions:

  • Banking & Finance
  • Human Resources
  • Oil & Gas
  • Construction
  • Architecture & Engineering

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