• Conduct surprise audits to confirm receivable balances
• Assess and review customer credit applications and approve account. Assess current customer limits and suggest block/unblock limits
• Maintain activity log of customer calls and correspondences as well as liaise with sales teams from businesses for non-routine credit issues such as in cases of promotions, rebates and marketing activities.
• Keep tab on the aging report and delinquent account of customers through regular interactions with the sales teams from various business units. Ensure to decide and act upon the actions for such cases.
• Reconcile various accounts receivables subsidiary ledgers to General Ledger’s accounts. Generate and submit monthly statement of account to customers and ensure to follow-up for pending payments.
• Conduct regular audit for the customer master file and the ledgers. Recommend to the Finance Manager and management about inactive customers, credit amounts and other outstanding amounts.
• Review current and existing customers against US OFAC / OCR list and ensure compliance with statuary requirements
• Complete adhoc duties as requested by FM
• Identify customers that may result in bad debts, and liaise with the legal department to launch a court case against them. Ensure to provide all necessary documentation to legal to support the case.
• Run the monthly provisions against the ageing of the receivables. Ensure year to date reserve is sufficient to cover any risk.
• Propose write off request for delinquent accounts and small amounts. Support the request with necessary documents. Obtain all necessary approval as per authority matrix.
• Conduct a regular meeting with the key customer accounts payable manager. Maintain an open communication channel and take a proactive approach towards resolving any disputes to avoid any delay of payment.
• Supervise SOP (Sales Order Processer) to ensure all changes to customer invoice, credit notes are entered properly into SAP
• Supervise Accounts Receivable (AR) to ensure all day today payments booked in customer account on time and verify as per Audit compliance.
• Prepare and submit weekly & monthly reports for the local and export sales with the total outstanding amounts per customer and market segment
• Prepare and submit such other reports as may be requested for submission to the Finance Manager.
• Verify discrepancies by and resolve clients’ billing issues.
• Provide coaching and mentoring to the SOP & Archiving room staff.
• Reviews performance of salesmen collections by evaluating the achievement of the KPI’s measured against the Balance Scorecard objectives (DSO target)
• Convey and explain the work procedures to subordinates.
• Confirming weekly and monthly sales to B&C;team on timely manner.
• Dealing with internal queries about payments, ensuring customers pay on time and negotiating re-payment plans
• Ensure that all transactions are compliant with Company’s policies and SOX regulations
• Providing ad-hoc reporting as and when requested by management
• Other duties as delegated from time to time by Finance Manager or DMG or FD
• Sending our Credit Review reports to Sales and Management team on timely manner. • Propose or reject Sales team request on customer credit recommendations
المهارات
• General Accounting Background
• Accounting qualification
• Advanced Excel Skills
• Ability to prioritize and organize• Flexible
تفاصيل الوظيفة
منطقة الوظيفة: دبي, الإمارات العربية المتحدة قطاع الشركة: توزيع السلع الإستهلاكية طبيعة عمل الشركة: صاحب عمل (القطاع الخاص) الدور الوظيفي: المحاسبة والتدقيق نوع التوظيف: دوام كامل الراتب الشهري: غير محدد عدد الوظائف الشاغرة: غير محدد الرقم المرجعي للوظيفة: JB3774034
المرشح المفضل
المستوى المهني: متوسط الخبرة عدد سنوات الخبرة: الحد الأدنى: 5 منطقة الإقامة: الإمارات العربية المتحدة الشهادة: بكالوريوس/ دبلوم عالي
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