Senior Accountant - Accounts Receivable
Arabian Agricultural Services Company
Total years of experience :11 years, 7 Months
─ Manage customer accounts to ensure timely payments and accurate records.
─ Monitor customer accounts for overdue payments and collection.
─ Processing of AR invoices and account statements.
─ Posting of AR payments.
─ Preparation of month-end reconciliation of AR accounts.
─ Monitoring AR ageing on a regular basis.
─ Monitoring accounts over 30 days outstanding and reporting accordingly to appropriate business unit leaders.
─ Researching and contacting past due accounts, not just to collect the money, but to investigate and reconcile the problem.
─ Correcting incorrect billings when required.
─ Making adjustments including posting debits and credits as needed.
─ Auditing AR reports and bank statements for proper revenue recognition.
─ Provision management for accounts receivable.
─ Reviewing payment agreements and service contracts to check payment terms.
─ supervise and lead a team.
─ Maintain accounts receivable records to ensure aging is up to date, credits and collections are applied, uncollectible amounts are accounted for, and differences are cleared.
─ Managing the sales ledger.
─ Maintain up-to-date billing system.
─ Perform account reconciliations and Monitor customer account details for non-payments, delayed payments.
─ Tracked contracts, Proposals to keep billing accurate and current
─ Reviewed accounts on monthly basis to update aging reports and tracking collection of funds.
─ Processing invoices.
─ Preparing statements and reports to facilitate prompt payments.
─ Reconciling payments to ensure the accounting system reflects the correct transactions.
─ Follow up on, collect and allocate payments.
─ Managing the collection of all payments and debts.
─ Manage collections on unpaid invoices and negotiate payment terms/plans to recover outstanding debt.
─ Communicate with customers via phone, email, or personally.
─ Responding to customer inquiries.
─ Assist with month/year -end closing.
─ Prepares updated monthly billing sheets for customers.
─ Reviews contract provisions affecting invoice submission requirements and deadlines, to ensure aligned accordingly.
─ Prepare Invoices, Credit memos, Statement and Post entries in Billing systems.
─ Prepared excel list with supporting documents to customers to perform payment.
─ Reconciles, process and issues hold back invoices.
─ Following up on outstanding payments and answering customer queries.
─ Monitoring all payments and preparing monthly billing reports.
─ Ensure the accuracy of billing documentation and transaction to compile and submit Monthly Report during Month-end closing.
─ Process journal entries to ensure all business transactions are recorded.
─ Update accounts receivable and issue invoices.
─ Update accounts payable and perform reconciliations.
─ Assist in the processing of balance sheets, income statements and other financial statements according to legal and company accounting and financial guidelines.
─ Assist with reviewing of expenses, payroll records etc. as assigned.
─ Update financial data in databases to ensure that information will be accurate and immediately available when needed.
─ Prepare and submit weekly/monthly reports.
─ Assist with other accounting projects.
Accounting & Economic