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Collections Specialist

ConfidentialDubai, UAE4 weeks agoEntryfulltime
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Via LinkedInยท

About This Role

Functional Responsibilities:

  • Prepare monthly billing and revenue summaries.
  • Process of AR invoices and credit notes
  • Analyze customer arrangements and transactions to ensure correct revenue recognition.
  • Post AR payments daily.
  • Prepare month-end reconciliation of AR accounts.
  • Monitor 30-60-90-day AR aging on a regular basis
  • Monitor accounts over 30 days outstanding and reporting accordingly to appropriate business unit leaders.
  • Contact past due accounts, not just to collect the money, but to investigate "why" and attempt to correct or reconcile the problem.
  • Research past due accounts.
  • Audit AR reports and bank statements for proper revenue recognition.
  • Review payment agreements and service contracts to check payment terms
  • Correct incorrect billings when required
  • Adjust including posting debits and credits as needed

Self-Development Accountabilities & Responsibilities

  • Define and set SMART objectives performance goals at the start of the performance year with the reporting manager and ensure that the goals are achieved during the year
  • Take ownership of his/her learning agenda by identifying development needs in consultation with the reporting manager and bridge the gap through training and on-the-job learning
  • Keep abreast of professional developments, new techniques and current issues through continued education and professional growth

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