Accountant-Credit & Collection Officer
General Purpose
The position is responsible for applying accounting principles and procedures as per standard accounting practices and to analyze debtors balances, closely follow up all customers for collection providing accurate information to the management in time regarding overdue outstanding, evaluate existing and prospective customers and provide regular feedback to the management, prepare accurate and timely receivable reports and statements and ensure maintaining appropriate control procedures for the receivables and collection on time.
Main Job Tasks and Responsibilities
- compile and analyze receivables to prepare ageing and other MIS as and when required
- ensure receivable records are maintained in compliance with accepted policies and procedures
- ensure all collection targets are met on time
- establish and monitor the implementation and maintenance of sound credit management across the Organisation
- resolve all discrepancies and irregularities for the receivables by interacting with all customers
- Develop good relationship with all the customers and keep proper record of all the key persons involved
- ensure accurate and appropriate recording of all invoices and subsequent collection in time
- carry out risk assessment for existing as well as prospective customers in a structured way and intimate management in time for initiation of legal action against defaulters
- analyze financial information to recommend or develop efficient use of resources and procedures, provide strategic recommendations and maintain solutions for overall control on receivables
- Involve in new ERP system implementation process
Education and Experience
- accounting degree (Bachelor/Master) or equivalent
- knowledge of applicable laws, codes and regulations
- knowledge and working experience of standard ERP package (preferably SAP)
- minimum of 5 years experience out of which minimum 2 years with a Contracting/Construction/Manpower Supply Company in the credit & collection domain handling Governmental & big private sector customers
Key Competencies
- Planning and organizing
- ERP preferably SAP
- Clear communication skills (written & verbal –fluent in Arabic as well as English)
- judgment and problem-solving
- Awareness of local law & litigation
- stress tolerance
Please forward yours CV at jobs@chaudhryassociates.com