Accountant

Role Purpose

Customer Relationship Management

• Create and consistently update a customer database with commercial registration, VAT references, national addresses, contacts, and office locations for active and blocked customers.
• Collaborate with the Credit Team to ensure customer master data is complete and liaise with Sales, Projects, and Services teams for missing information.
• Obtain Credit Application Forms and establish credit limits and payment terms based on credit risk profiles, working with the group Credit Team on SIMAH reports.

Receivables Reporting

• Report daily collection reports highlighting significant deviations from target collections and the reasons behind them.
• Prepare and reconcile accounts receivables, make necessary adjustments, and submit reports to stakeholders.
• Share a detailed report to management after period closing on collection deviations with reasons and recovery actions.
• Prepare and report AR aging analysis with explanations and actions taken against aged receivables over 180 days.
• Prepare and submit the monthly collection plan.
• Report related party receivables to the group.

Finance Operations

• Optimize Days Sales Outstanding (DSO) toward 60 days and reduce aging of accounts receivables.
• Prepare, issue, and distribute invoices to the operation team in compliance with internal and external policies.
• Maintain checklists and validate data before invoice issuance, ensuring supporting documentation is attached in SAP (Open Text).
• Work with the operation team to obtain acknowledgement of invoice receipt from customers.
• Establish strong customer relationships to facilitate follow-ups and timely payments.
• Gain access to customer portals to submit, monitor, and follow up on payments.
• Monitor receivables, schedule customer visits and meetings on overdue accounts, follow up and collect payments, and resolve disputes.
• Manage daily AR operations and collections, conduct weekly collection calls, and follow up on past due invoices.
• Document collection and dispute interactions with internal and external parties.
• Prepare LC invoices in line with LC terms and follow up on counter-signed documents for bank submission.
• Circulate balance confirmations and statements to customers quarterly and reconcile customer statements of account.
• Prepare ECL calculations for AR provisions quarterly, maintain bad debt records, and track litigation cases.

Finance Process Reengineering and Automation

• Assist in developing and implementing processes and procedures and continuously optimize for efficiency and productivity.
• Drive process automation in accounts receivables reporting.
• Automate statement of account and balance confirmation.
• Coordinate with corporate treasury or bank E-Banking units on implementation and troubleshooting.

Compliance and Internal Control

• Implement internal accounting and reporting guidelines in compliance with external accounting regulations.
• Comply with and help achieve Internal Control over Financial Reporting compliance in Accounts Receivable.

Necessary Knowledge and Experience

• Financial accounting, accounts receivables, collection management, and SAP.
• Minimum 2 years' experience in accounts receivables and collection management in a medium/large limited liability company.

Education and Certification Minimum Requirements

• Bachelor's degree in finance or accounting, or relevant quantitative discipline.

Competencies

• Strong communication skill and positive attitude.
• Strong knowledge of accounting principles, practices, and procedures.
• Ability to work independently and meet deadlines.
• Knowledge in accounting standards, policies and procedures.
• Self-motivated and a team player.
• Experience with ERP systems (e.g., SAP) and advanced Excel skills.
• Documenting and reporting.