Accounts Receivable Accountant
Gulf Cryo - Kuwait Oxygen Company
Total years of experience :8 years, 8 Months
• Record Maintain Cash & Credit receipt entries in the financial system and prepare physical vouchers as required.
• Perform day to day financial transactions, including verifying, classifying, computing, posting, and recording accounts receivables’ data.
• Reconcile the accounts receivable ledger to ensure that all payments are accounted for and properly posted.
• Verify discrepancies by and resolve clients’ billing issues.
• Facilitate payment of invoices due by sending bill reminders and contacting clients.
• Performing Customer & Supplier Account Reconciliations.
• Maintaining accounts receivable files and records.
• Investigating and resolving any irregularities or enquiries.
• Sending Balance Confirmation quarterly, half yearly & annually.
• Preparing Credit Notes & Debit Notes.
• Making sure the submissions of SOA’s to the customer in order to follow up the payment for the due Invoices/Amounts.
• Responsible for timely invoice submission.
• Generation & Reconciliation of customers' statements on time regularly.
• Ensuring credit and collection policies and procedures are followed.
• Liaising with customers, as well as internal personnel including the sales team.
• Negotiate payment plans with customers.
• Check the customer’s credit and approve or deny an application based on Company’s standards and requirements.
• Resolving queries both internally and externally around outstanding invoices.
• Preparing Monthly AR Aging Report & BDR Calculations.
• Involvement with the Collectors for invoice submission & payment release purposes.
• Working closely with AR Team regarding any issues related to AR.
• Work hard for achieving AR Collections quarterly Targets.
• Ensure timely payments while maintaining a high level of customer retention
• Receiving & Review the Daily Supplier Invoices.
• Receive all purchase orders & compare them with the submitted invoices to ensure they are matching & register all supplier’s invoices on the system at its due dates (3 Way Match).
• Register all financial bookkeeping entries & ensure entries are correct, signed as required & supported with the necessary documents to save the company & suppliers financial rights.
• Follow up pending invoices at the commercial department to save suppliers rights & close the purchase cycle.
• Follow up due invoices to issue checks to suppliers to save suppliers rights & close the purchase cycle.
• Proceed all supplier cheques to settle supplier accounts & due invoices are paid on the due dates to the suppliers.
• Report all pending cheques for the suppliers to the Accounts Payable Supervisor in order to save the company & suppliers financial rights.
• Develop all needed reports to be submitted to the direct manager.
• Perform any other assigned tasks as required by the direct manager within the same level of responsibility.
• Posting Invoices to the System.
• Supplier Payments Local & International (Bank & Cheques).
• Preparing & proceeding all kind of payments (Cheques, Bank Transfers & Petty Cash).
• Preparing Site Rent Payments.
• Handling Payments & related issues of two Major Suppliers Apple & Huawei.
• Processing Refunds to the Subscriber.
• Advances to Local & International Suppliers.
• Release Tax Retention held against the suppliers with SOA.
• Payments Review with Maker & Checker Policy.
• Receiving & Review Expense Reports for Payments.
• Recording Out Standing Cheques.
• Bank Transfers Book Keeping.
• Allocation of Accounts Payable Aging.
• Receiving & Review the Daily Supplier Invoices.
• Posting Invoices to the System.
• Preparing all payment (Cheques, Bank Transfers & Petty Cash).
• Receiving & Review Expense Reports for Payments.
• Bank Transfers Book Keeping.
• Prepare Vacation Salaries, Advance Salaries & Staff Final Settlements.
• Maintains Fuel Consumption Control Sheets.
• Weekly Control on Fund Inventories.
• Preparing Prepaid & Accrual JV’s.
• Advances to Local & International Suppliers.
• Allocation of Accounts Payable Aging.
• Recording & Proceeding Unclaimed Wages.
• Handling Staff City Ledgers.
• Review Payroll (Attendance Sheets & all related Documents).
• Preparing Staff Salaries & proceed to the Bank for Transfer.
• Supplier Payments Local & International (Bank & Cheques).
• Register all financial bookkeeping entries & ensure entries are correct, signed as required & supported with the necessary documents to save the company & suppliers financial rights.
• Follow up pending invoices at the commercial department to save suppliers rights & close the purchase cycle.
• Follow up due invoices to issue checks to suppliers to save suppliers rights & close the purchase cycle.
• Proceed all supplier cheques to settle supplier accounts & due invoices are paid on the due dates to the suppliers.
• Report all pending cheques for the suppliers to the Accounts Payable Supervisor in order to save the company & suppliers financial rights.
• Develop all needed reports to be submitted to the direct manager.
• Perform any other assigned tasks as required by the direct manager within the same level of responsibility.
• Handling Accounts Payable.
• Handling Accounts Receivables.
• Accounts Reconciliation.
• Bank Reconciliation.
• Supplier Payments Local & International (Bank & Cheques).
• Prepare Vacation Salaries, Advance Salaries & Staff Final Settlements.
• Review Payroll (Attendance Sheets & all related Documents).
• Preparing Staff Salaries & proceed to the Bank for Transfer.
• Supplier Payments Local & International (Bank & Cheques).
• Advances to Local & International Suppliers.
• Assist in month end & year end Closing Reports.
Ability to balance workloads efficiently Efficient Meet the deadlines Attentive Good people skills