Our client, a leading MNC company into Industrial manufacturing & Renewable Energy is looking to hire an Accountant cum Credit collector based in their Dubai managing their customers in Middle East & Africa region.
Budget AED 15,000 ++ Benefits
Preference to candidates who can speak Arabic, French & English
Job Purpose: The Junior Credit Collection and Accountant is responsible for supporting the Finance Department in managing accounts receivable, ensuring the timely collection of outstanding invoices, and maintaining accurate accounting records. The position assists in daily financial operations and contributes to maintaining effective cash flow and adherence to company financial policies.
Qualifications and Requirements:
- Bachelor's degree in Accounting, Finance, or a related discipline.
- +/- 5 years of relevant experience in accounting, finance, or credit collection.
- Understanding of accounting principles and credit management processes.
- Proficiency in Microsoft Office applications, particularly Excel; familiarity with accounting software is an advantage.
- Working knowledge in SAP is an added advantage.
- Strong attention to detail, accuracy, and organization skills.
- Good communication (English, Arabic and French) and interpersonal skills with a
Key Responsibilities:
Credit Control and Collections:
- Collect Overdue outstanding customers balances.
- Monitor customer accounts and assist in tracking outstanding invoices and payment schedules.
- Follow up with clients through professional communication channels to ensure timely settlement of dues.
- Prepare and send customer statements, reminders, and other correspondence related to collections.
- Record and update customer payment information accurately in the accounting system.
- Support in preparing periodic accounts receivable aging reports and follow-up summaries.
- Coordinate with the sales, operations, and finance teams to resolve billing discrepancies and payment issues promptly.
- Maintain up-to-date and organized customer credit files and collection documentation.
- Escalate overdue or problematic accounts to the Senior Accountant or Finance Manager for further action.
- Contribute to improving collection efficiency and ensuring adherence to the company's credit policy.
- Maintain credit limits, preferably in the ERP system and manage the shipment order release process for orders on credit hold
- Update customer accounts with notes regarding credit history, dates contacted and other relevant information to keep the finance community, management and sales staff aware of each customer's current credit risk situation
- Participate in cross-functional teams to facilitate solutions for customer AR issues and improve customer payment cycle and operational processes
- Investigate and resolve all payment discrepancies and invoice disputes within established guidelines to support the timely collection of receivables
- Negotiate the resolution of collection matters with customers engaging Finance Mgr, Senior Accountant and Sales as necessary
- Responsible for monitoring and checking, Letter of Credits, Bank guarantees and SB L/C's upon their expiration.
- Should have knowledge of Letter of Credits, SB L/C's and Bank Guarantees.
- Should be experienced in preparing L/C documents.
- Circulate L/C schedules with relevant details to all related parties (Finance team & Sales team).
- Keeping & maintaining PDC listing and deposit the same on due date.
- Oversee Inter-Co AR transactions and reconciliations
Accounting Support:
- Assist in recording daily accounting transactions, including invoices, receipts, and journal entries.
- Reconcile accounts receivable balances with the general ledger and ensure accuracy of records.
- Support the month-end and year-end closing processes.
- Assist in the preparation of financial and management reports as required.
- Ensure all financial activities comply with internal policies and accounting standards.
- Maintain and organize accounting documents and records for easy retrieval and audit purposes.
