Receivable Accountant Required in Dubai

The Receivable Accountant is responsible for managing and overseeing the company’s accounts receivable processes to ensure accurate and timely collection of payments. This role requires strong attention to detail, proficiency in financial software, and effective communication skills to coordinate with clients and internal departments. The Receivable Accountant ensures that the company’s revenue streams are properly documented, accounts are reconciled, and outstanding invoices are managed to maintain a positive cash flow.

Salary	Market Competitive
Experience	5 – 7 Years
Location	Dubai
Qualification	Bachelor of Business Administration
Posted	01 November 2024
Job Type	Full-Time
Posted by	Habeebi Recruiter
last date to apply	apply within 15 days

Key Responsibilities

1. Invoice Generation and Management

The Receivable Accountant is responsible for preparing and issuing accurate invoices to clients based on the terms of the agreement. This involves verifying the details of each invoice, ensuring compliance with company policies, and addressing any discrepancies before sending them to customers. Timely and accurate invoicing is essential for maintaining a smooth accounts receivable process.

2. Payment Collection and Follow-Up

A primary duty of the Receivable Accountant is to monitor and manage outstanding invoices, ensuring timely collection of payments. This includes following up with clients on overdue accounts, sending reminders, and negotiating payment terms when necessary. Maintaining clear and courteous communication with clients helps ensure a steady inflow of funds while preserving positive business relationships.

3. Account Reconciliation

The Receivable Accountant is responsible for reconciling accounts receivable balances regularly. This involves matching payments with outstanding invoices, identifying any discrepancies, and making necessary adjustments. Accurate account reconciliation ensures that the company’s financial statements reflect real-time revenue and cash flow.

4. Financial Reporting and Analysis

The Receivable Accountant provides regular reports on accounts receivable status, including aging reports, outstanding balances, and collections progress. By analyzing payment trends and outstanding debts, the accountant provides insights that support cash flow management and assist in strategic decision-making. This data helps the management team to plan and allocate resources effectively.

5. Maintaining Customer Records

This role requires meticulous maintenance of client records within the company’s accounting system, ensuring that contact information, payment terms, and transaction history are up to date. Organized records support accurate invoicing, streamline the payment process, and facilitate quick resolution of issues or disputes.

6. Compliance and Internal Controls

Ensuring that accounts receivable processes adhere to accounting principles and company policies is essential. The Receivable Accountant is responsible for implementing and following internal controls that prevent errors, reduce fraud risk, and ensure compliance with regulatory standards. This includes documenting all transactions and following established procedures for approvals and record-keeping.

Qualifications and Skills

• Education: Bachelor’s degree in Accounting, Finance, or a related field.
• Experience: Minimum of 2-3 years of experience in accounts receivable or general accounting.
• Technical Skills: Proficiency in accounting software (e.g., QuickBooks, SAP) and Microsoft Excel; familiarity with ERP systems is an advantage.
• Soft Skills: Strong attention to detail, excellent organizational skills, and effective communication abilities for interacting with clients and colleagues.
• Certifications: Relevant certifications such as Certified Public Accountant (CPA) or Certified Management Accountant (CMA) are a plus.

Work Environment

The Receivable Accountant primarily works in an office environment, collaborating with finance and sales teams, and may occasionally need to communicate with clients directly. This role requires a high level of focus and precision, especially during month-end or quarter-end financial reporting periods.

The role of a Receivable Accountant is essential for maintaining the financial health of the organization by ensuring that receivables are collected accurately and on time, thereby supporting the company’s cash flow and revenue recognition processes.

How to apply:

Send your updated resume to our email or directly reach us at our phone:

Email:  makeabooking@dollaruae.ae 

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