Job Purpose:
To manage and control the company's receivables by ensuring timely collection, accurate reconciliation with distributors, and close coordination with the sales team to maintain healthy cash flow and minimal overdue balances.
6 Months Contract.
Key Responsibilities:
Accounts Receivable Management
- Monitor and track outstanding receivables from distributors and key customers.
- Ensure timely posting of receipts, credit notes, and adjustments in the accounting system.
- Maintain accurate AR ledgers and regularly update the customer aging report.
Collections & Coordination
- Follow up actively with the sales team to ensure overdue payments are collected as per agreed terms.
- Escalate delayed accounts and potential defaults to management on time.
- Coordinate with customers and sales for resolution of claims, disputes, and short payments.
- Prepare collection status reports and share regular updates with finance and commercial teams.
Reconciliation & Reporting
- Conduct periodic reconciliation of distributor accounts, ensuring accuracy of balances, debit/credit notes, and deductions.
- Validate trade discounts, promotional claims, and returns before posting.
- Support month-end closing by reconciling AR sub-ledger with the general ledger.
- Provide management with weekly dashboards on collections, overdue accounts, and DSO trends.
Compliance & Continuous Improvement
- Ensure AR processes adhere to internal controls and company policies.
- Identify process gaps and recommend improvements in collection and reconciliation procedures.
- Support internal and external audits by providing required AR documentation.
Key Performance Indicators (KPIs):
- Days Sales Outstanding (DSO)
- Overdue Receivables %
- Accuracy and timeliness of distributor reconciliations
- Collection target achievement
Qualifications & Skills:
- Bachelor's degree in Accounting, Finance, or Commerce.
- 2-5 years of experience in Accounts Receivable, preferably in consumer appliances, FMCG, or distribution-driven businesses.
- Strong understanding of customer reconciliation, credit control, and claim management.
- Proficiency in ERP systems (SAP, Oracle, or similar) and advanced Excel skills.
- Excellent coordination and communication skills — ability to follow up effectively with sales and customers.
- Analytical mindset with attention to detail and problem-solving ability
- Communications, applications, and risk mitigation processes between an exporter/importer and the China Export & Credit Insurance Corporation
- Effectively communicate with HQ Accounting team and align with HQ AR requirements
What You'll be Joining
Midea Consumer Appliances FZCO is a Regional Head Quarter of Midea Group, a rapidly growing Fortune 500 company, with humanizing-technology and provide customized solutions based on our deep understanding of human nature, enabled by the joint forces of 55 years manufacturing excellence and global leading robotic and automation technology.
The RHQ is based in Dubai where we house the most iconic brands from Midea Group portfolio: Midea, Toshiba, Eureka, and Master Kitchen. Our operational territory expands from the Europe, Middle East, Africa, CIS.
Being experts in Home Appliances, we continue to create, develop, and evolve our solutions with one commitment only: To deliver the best products and services to our customers. We are proud of our agile, strong, and creative team who drive our growth.
We constantly identify, recruit, cultivate and promote talents who are bold and have international vision. We strongly believe everyone has unlimited potential and in the power of innovation.
With Midea Consumer Appliances FZCO you will receive lifelong training, the opportunity to grow professionally and personally, and you will work with and learn from the most dedicated and supportive teams imaginable. Talent is at the center of everything we do, join us and let's grow together.
Get to know more: https://www.midea-group.com/
