Accounts Receivable Accountant
Abraj Misr
Total years of experience :10 years, 3 Months
• Review client’s contract before signing and make sure that the down payment was collected and rest of contract has been paid by due cheques
• Update customers’ accounts with cash, cheques and visa payments.
• Issuing updated statement of accounts and final financial clearance.
• Calculate post-dated instalments penalty and reschedule of payment.
• Handling and support clients’ issues with CRM team.
• Generating monthly reports package including (aging report, sales report, collection report)
• Review cancellation documents and Issuing refund cheques
• Review late delivery penalty for clients and issuing cheques
• Posting necessary adjustments entries belongs to customer’s accounts
• Prepare invoices and monthly customer statements based on information received from responsible departments and record accounting entry in the system.
• Ensure and process revenue recognition in line with the policies, procedures and IFRS
• Manage processing of daily cash receipts, accounts receivable coding, sorting and posting of incoming checks.
• Prepare debit note / inter-entity invoices.
• Analyse differences between invoices and cash received and identify action to be taken to address discrepancies
• Follow up with customers for collection of due amounts for timely payments.
• Maintain Accounts Receivable Aging Report and compare Aging Report totals to credit limits.
• Prepare and verify information provided to create credit and debit notes, invoices and journal vouchers.
• Monitor and ensure accurate posting to various accounting records to maintain the accounts receivable accounts.
• Support period end closing and generation of relevant reports.
• Reconcile Accounts Receivable Aging to Trial Balance and provide variance analysis.
General accountant, customers accountant.at Misr Italian group for constructions
• Documents financial transactions by entering account information
• Liaise with bankers, regarding financial transactions
• customers follow up to ensure checks payment
• ensure positive customers relationship
Stratify collection activities to maximize cash receipts
• Contact customers regarding overdue accounts and determine reasons for non-payment
• record daily transactions