Collection/ AR accountant Full Time NEW

2. JOB PURPOSE

Responsible for Collections and A/R Module to ensuring proper accounting and financial reporting to provide management with quality information for decision making and to assist with receivable and payable functions of the organization.

AR & Sales

• Update the AR/CRM with customers’ data base.
• Processing the sales workflow on MSD
• Posting AR entries for sales, leasing, service charge, utilities and any other AR entries.
• Ascertain that the collections received are properly assigned to the related customers.
• Follow up on a daily basis with banks to check collections/deposits
• Issue receipts vouchers for the payments received from customers.
• Reconcile AR ledger with the customers file and resolve issues that might arise in a timely manner
• Reconcile the deposit bank account which related to costumer amount
• Record general transaction on as required basis
• Setup on the system & uploading the payment plans.
• Reconcile the accounts receivable ledger to ensure that all payments are accounted for and properly posted.
• Verify discrepancies by and resolve clients’ billing issues
• Ensure that invoices are approved and authorized as per the DOA

Collections

• Follow up with customers for collection including:
• Yearly service charge
• Monthly utilities bills
• Leasing payment
• Sales extended payments plan
• Follow up with other department for collection issues
• Monthly collection detailed status report
• Facilitate payment of invoices due by sending bill reminders and contacting clients

Monthly GL Reviewing & Reporting

• Reviewing of Monthly GL for issuing the Financial Statement
• Confirming Sub ledger GL which reconciled and confirmed
• Responsible for ensuring that all the appropriate delinquency actions, as outlined in company’s delinquency policy, are carried out.
• Review Aging Reports and ensure appropriate actions taken
• Weekly reporting of invoicing totals/aging totals/cash receipts/invoice adjustments
• Prepare monthly, quarterly, annual and ad-hoc forecasting reports
• Reports detailing accounts receivable status
• Generate & update sales reports on regular basis to enable the EH management to follow up on the revenue stream and cover any gaps and shortages by the adequate strategies.

Supporting team

• Support the finance team as required.

QUALIFICATIONS, EXPERIENCE, & SKILLS

Preferred Qualifications:

• BSc degree in Accounting or Finance

Preferred Experience:

• 5 years’ experience in Accounting, Collection and Receivables

Job-Specific Skills:

• Proven work experience as an Accounts Receivable Accountant & Collections
• Hands-on experience with accounting software
• Familiarity with advanced formulas in MS Excel
• Excellent analytical skills along with the ability to create and present detailed reports
• Ability to accurately process numerical data
• Team management and negotiation skills
• Problem-solving attitude
• Confidentiality

8. COMPETENCIES

• Problem Solving
• Negotiation