Accountant Receivable Required in Dubai

An Accounts Receivable Specialist is responsible for managing and overseeing the collection of payments owed to a company by its customers. This role plays a critical part in maintaining the organization’s cash flow and ensuring that all financial transactions are processed efficiently and accurately. The Accounts Receivable Specialist works closely with sales teams, customers, and financial departments to track outstanding invoices, resolve discrepancies, and maintain financial records. Proficiency in accounting software, attention to detail, and strong communication skills are essential for success in this position.

Key Responsibilities

1. Invoice Management

The primary responsibility of the Accounts Receivable Specialist is to prepare, issue, and manage invoices for products or services provided to customers. This includes ensuring that invoices are accurate, complete, and delivered on time. The specialist must also monitor payment terms and conditions to ensure compliance and follow up with customers regarding any outstanding invoices.

2. Payment Processing

Once payments are received, the Accounts Receivable Specialist is responsible for accurately recording and applying these payments to customer accounts. This process involves updating accounting software and maintaining accurate records to reflect current account balances. The specialist must ensure that all payments are processed in a timely manner to support the organization’s cash flow.

3. Customer Account Reconciliation

The Accounts Receivable Specialist conducts regular reconciliation of customer accounts to ensure that all transactions are accurately recorded and discrepancies are identified and resolved promptly. This involves reviewing account statements, comparing them with internal records, and investigating any differences. Maintaining clear and accurate records helps to facilitate smooth financial operations.

4. Collections Management

Managing collections is a crucial aspect of the Accounts Receivable role. The specialist must follow up with customers regarding overdue payments, sending reminders and communicating directly with clients as necessary. This may involve negotiating payment plans or arrangements to recover outstanding debts while maintaining positive customer relationships.

5. Reporting and Analysis

The Accounts Receivable Specialist prepares and presents regular reports on accounts receivable status, including aging reports and cash flow forecasts. This analysis helps management understand the company’s financial position and identify trends in customer payment behaviors. The specialist may also recommend improvements to processes or policies based on these insights.

6. Compliance and Documentation

Ensuring compliance with financial regulations and company policies is an essential responsibility of the Accounts Receivable Specialist. This includes maintaining accurate and up-to-date documentation for all financial transactions, following internal controls, and adhering to accounting standards. The specialist must also be prepared for audits by keeping all records organized and accessible.

Conclusion

The role of an Accounts Receivable Specialist is vital to maintaining the financial health of an organization. By managing invoicing, processing payments, reconciling accounts, and overseeing collections, the specialist ensures that cash flow remains steady and that the company can meet its financial obligations. Strong analytical skills, attention to detail, and effective communication are key attributes for success in this position, making it an essential function in any finance team.

How to apply:

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

Email:  info@ashasrestaurants.com

Telephone:  +971 4 324 4100/ +971 52 990 8707