Accountant – Cash & Receivables

About the Role

We seek a seasoned Accountant specialized in Cash and Receivables to join our Finance team within a corporate group setting in Dubai. The incumbent will oversee accounts receivable processes, cash collection routines, client engagement for payments, reconciliations, and credit controls with a focus on minimizing overdue balances and managing credit risk.

Responsibilities

• Oversee and track Accounts Receivable and customer account balances diligently.
• Proactively engage clients to collect outstanding and overdue invoices.
• Generate and analyze receivables aging reports, prioritizing collections on long-due accounts.
• Secure payment commitments from customers and monitor until full settlement.
• Reconcile discrepancies in customer accounts, resolve disputes, and clear unidentified payments.
• Supervise customer credit limits, payment terms, and overall credit exposure.
• Flag high-risk or overdue accounts to finance management promptly.
• Assist in implementing credit control policies and procedures to strengthen collection efforts.
• Collaborate with Operations and other departments to address billing and collection issues efficiently.
• Record and reconcile payments received via cash, cheque, bank transfer, credit cards, and other means.
• Prepare regular collection status, aging, overdue, and credit exposure reports.
• Support month-end closing activities, reconciliations, audits, and reviews of expected credit losses.
• Maintain comprehensive documentation and audit trails of all receivable and collection activities.

Qualifications and Experience

• Bachelor’s degree in Accounting, Finance, Commerce, or a related field.
• Between 5 and 10 years of pertinent experience in Accounts Receivable, Collections, Cash Management, or Credit Control.
• Substantial experience working within established corporate or group-company environments.
• Proven track record in client collections and managing overdue receivables effectively.
• Deep understanding of receivables aging, customer reconciliations, credit policies, payment terms, and credit risk management.
• Proficiency with Microsoft Excel and ERP/accounting systems; experience with Oracle or comparable ERP systems is advantageous.
• Strong command of English, both written and spoken; knowledge of Arabic is beneficial.

Preferred Industry Experience

Candidates with backgrounds in veterinary, animal healthcare, hospitals, clinics, pharmacies, healthcare, or similar service sectors will be preferred.

Key Competencies

• Exceptional collection and negotiation skills.
• Consistent, professional follow-up with clients.
• Strong analytical capabilities and expertise in account reconciliations.
• Ability to detect and mitigate credit risks efficiently.
• Meticulous attention to detail ensuring accuracy in all tasks.
• Skillful management of challenging and delinquent accounts in a professional manner.
• Exemplary ownership, accountability, and commitment to task completion.
• Capability to perform well under pressure and achieve collection goals.

Performance Metrics

• Reduction in overdue receivables and improvement in overall collection outcomes.
• Decreased outstanding balances past 30, 60, and 90 days.
• Enhanced Days Sales Outstanding (DSO) figures.
• Lowered bad debt and credit risk exposure.
• Timely and precise preparation of customer reconciliations and receivables reports.

Additional Information

The role demands a proactive, hands-on professional who prioritizes full accountability for the entire customer balance management lifecycle, from invoicing to final payment collection, while nurturing strong client relationships that safeguard the company's financial health.