Accounts Receivable Officer Full-time Job

1 week ago   Accounting & Finance   Dubai   70 views Reference: 33879
Job Details

A little taste of your day-to-day:

Process and record invoices, receipts, and other financial transactions related to accounts receivable. Ensure accuracy and completeness of data entry and maintain proper documentation.

Generate and send accurate and timely invoices to customers or clients. Verify the accuracy of billing information, such as prices, quantities, discounts, and payment terms.

Monitor and follow up on overdue accounts and outstanding payments. Communicate with customers to resolve payment discrepancies, arrange payment plans, and ensure timely collection of payments. Handle inquiries and provide customer support related to accounts receivable.

Perform regular reconciliations of customer accounts to ensure accurate recording and allocation of payments. Investigate and resolve any discrepancies or issues identified during the reconciliation process.

Maintain accurate and up-to-date customer information in the accounts receivable system. Update customer records, contact details, credit limits, and payment terms as necessary. Review and assess customer creditworthiness and make recommendations for credit limits or adjustments.

Prepare regular reports and analysis related to accounts receivable, including aging reports, cash flow projections, and collection performance metrics. Provide insights and recommendations to management for improving cash flow and reducing outstanding receivables.

Collaborate with internal teams, such as sales, customer service, and finance, to resolve customer issues, address billing inquiries, and improve the overall accounts receivable process. Maintain effective communication and foster positive relationships with customers and clients.

Ensure compliance with company policies, procedures, and relevant accounting standards. Stay updated on industry regulations and best practices related to accounts receivable management.

Utilize accounting software, enterprise resource planning (ERP) systems, and other tools to manage accounts receivable processes efficiently. Identify opportunities for process automation and contribute to system enhancements or implementations.

Identify areas for process improvement and efficiency gains within the accounts receivable function. Propose and implement strategies to optimize cash flow, reduce DSO (Days Sales Outstanding), and enhance overall receivables management.

What we need from you:

Bachelor's degree in accounting, finance, or a related field (preferred)

Proven experience in accounts receivable or a similar finance role

Strong knowledge of accounting principles and practices

Proficiency in using accounting software and ERP systems.

Excellent attention to detail and accuracy

Strong analytical and problem-solving skills

Effective communication and interpersonal skills

Ability to prioritize tasks and meet deadlines.

Knowledge of relevant legal and regulatory requirements

Proficiency in Microsoft Excel and other office applications.

Company Description
About IHG®IHG Hotels & Resorts [LON:IHG, NYSE:IHG (ADRs)] is a global hospitality company, with a purpose to provide True Hospitality for Good.With a family of 18 hotel brands and IHG One Rewards, one of the world's largest hotel loyalty programmes, IHG has over 6,000 open hotels in over 100 countries, and more than 1,900 in the development pipeline.Luxury & Lifestyle: Six Senses Hotels Resorts Spas, Regent Hotels & Resorts, InterContinental Hotels & Resorts, Vignette Collection, Kimpton Hotels & Restaurants, Hotel IndigoPremium: voco hotels, HUALUXE Hotels & Resorts, Crowne Plaza Hotels & Resorts, EVEN HotelsEssentials: Holiday Inn Hotels & Resorts, Holiday Inn Express, avid hotelsSuites: Atwell Suites, Staybridge Suites, Holiday Inn Club Vacations, Candlewood SuitesExclusive Partners: Iberostar Beachfront ResortsInterContinental Hotels Group PLC is the Group's holding company and is incorporated and registered in England and Wales. Approximately 345,000 people work across IHG's hotels and corporate offices globally.Visit us online for more about our hotels and reservations and IHG One Rewards. To download the new IHG One Rewards app, visit the Apple App or Google Play stores.