Job Description

JOB PURPOSE:

The person holding this position is responsible for contributing to the efficient and effective workings of the finance department by executing daily tasks with a strong attention to detail. This role will utilize strong accounting knowledge, time management skills and the willingness to adapt to and accept changes as well as work effectively with variety of situations to ensure success. He/she interacts closely with Junior Accountant to ensure adherence to approved policies and procedures in closing all type of invoicing transactions. He/she further monitors invoicing for all services and provide regular reports. He/she needs to use the accounting system efficiently and propose further improvements.

CORE RESPONSIBILITIES:

• Enter all invoices on the date of the invoice receipt in the ERP system to ensure all invoices are recorded.
• Carefully review, process invoice and notify the person responsible from own and/or other departments, as specified in processes, to ensure that there are the accurate invoices prepared at the right time within a minimal time frame as well as according to approved pricing.
• Maintain up-to-date billing system, generate and send out invoices to relevant Department and follow up on periodically in order to collect and allocate payments within timely manner.
• Interact closely with Junior Accountant as well as person responsible for transactions, either from Finance and Accounts or other departments, in order to fully understand the requirements of requested service and coordinate with them appropriately during the entire billing and collection process; improve overall service level of the Accounts Receivable function and close the request in timely and efficient manner.
• Follow, monitor and recommend improvements for Accounts Receivables strategies and processes to ensure that the full life cycle of booking of receivables and collection are conducted in line with RAKEZ policies and procedures as well as best practices.
• Assist Senior Accountant in creation of the Accounts Receivables aging and collection plan at the end of each period and work with any urgent requirements to ensure thorough monitoring of the meeting targets and overall efficient fulfilment of the plan.
• Provide regular and accurate reports on Billing and Revenues from all assigned service areas and activities to the direct supervisor and/or Head of the Department in order to provide relevant and accurate data for further strategic decisions.
• Use the systems efficiently and continuously work on improvements to ensure their full potential is being utilized and they are further developed to make the Revenue and Receivables process as smooth as possible.
• Follow established process and procedures for processing invoices, adjustments, and customer account reconciliations in order to resolve customer account discrepancies as well as period end closing activities.

QUALIFICATIONS, EXPERIENCE, & SKILLS:

• Bachelor’s degree in finance or accounting.
• Minimum 3 years of experience Finance and Accounts preferably in Accounts Receivable field in a multicultural environment.
• Fluent in English, Arabic is preferred.
• Excellent analytical ability.
• Excellent problem-solving skills.
• Knowledge of SAP systems is an advantage.
• Excellent knowledge in MS Office software with advance expertise in MS Excel.
• Ability to handle multiple projects and interact with all levels of management.
• Responds well in fast-paced, high-pressure environment.
• Excellent verbal and written communication skills.