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Senior Accountant - Credit Control (Collections)

AD Ports Group
Abu Dhabi, UAE
fulltime
Entry
Today
Financial ReportingIFRSGAAPAudit ManagementTax ComplianceBudgeting
Free

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Job Purpose

The purpose of this role is to ensure payments with customers are strictly followed, the Sr.

Accountant - Credit Control Monetization is responsible for proactively managing debt collection on assigned portfolios of accounts.

Also to facilitate the compliance with approved credit policies and assist senior management in executing an effective credit control and collection function based on credit policy.

Core Responsibilities

  • Oversee accurate collection of payments for these assets.
  • Coordinate with KF or the sales company team to ensure all payment information is correctly uploaded.
  • Review and verify the status of security deposit collections.
  • Provide relevant data and reports regarding PDC dates, due amounts, and any returned cheques associated with these assets.
  • Update collection and outstanding records weekly to support timely statement closures.
  • Upon deal closure, record all received payments and reconcile collections to maintain an accurate balance in the Kezad system, ensuring proper handover of PDCs to the new purchasing company.
  • Apply collected security deposits in the system against closed statements as required.
  • Proceed collection process to ensure that outstanding receivables are recovered in a timely manner as per credit terms.
  • Sending customer statement of account and follow up with customer for overdue payment.
  • Follow up with billing/commercial departments for resolving the disputed invoices
  • Escalation to the management if dues are doubtful to provide bad debts provision
  • Prepare ad-hoc reports as and when requested

Qualifications

  • Accounting Degree Bachelor’s degree or higher in accounting
  • Knowledge on ERP, preferably Oracle financials
  • Strong communications skills
  • Good Analytical interpersonal skills
  • Strong understanding of billing and collection processes
  • Ability to work under pressure
  • Teamwork and Innovation skills

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