Mohomed Rifas

**6 Month Contract**
• Managed full Accounts Receivable cycle for a portfolio of 200+ clients, including invoicing, collections,
cash application, and reconciliations using SAP S/4HANA and Salesforce (SFDC).
• Performed customer account reconciliations, balance confirmations, and Statement of Accounts (SOA)
to ensure accuracy and timely collections.
• Lead recovery of approximately SAR 0.5M in long-outstanding receivables (700+ days overdue) through
structured follow-ups and client engagement.
• Strengthened collection efficiency through consistent follow-ups and dispute resolution with customers.
• Supported Accounts Payable functions including vendor invoice booking, reconciliation, and supplier
coordination. Collaborated with sales and Service teams to resolve billing discrepancies and improve invoice accuracy.
• Contributed to month-end closing activities and maintained accurate financial records.
• Delivered this role as a 6-month contract assignment, ensuring continuity and efficiency in AR
operations.

*Contract Role*
* Manage end-to-end AR processes including invoicing, collections, reconciliations, and customer
account maintenance in SAP Business One.
* Conduct detailed aging analysis and implement follow-up schedules to minimize overdue accounts.
* Resolve billing discrepancies by coordinating with project managers, technical teams, and clients.
* Generate monthly AR and cash flow reports for management using Excel dashboards and Power BI.
* Perform root-cause analysis of delayed payments and recommend credit control measures.
* Support audit requests by preparing reconciliations and validating AR balances against general ledger.
* Drive improvements in receivables forecasting accuracy by aligning client payment trends with projected
revenue cycles.
* Review client contracts to ensure billing accuracy and compliance with agreed terms.

* Supervised a team of 4 receivables specialists, overseeing billing, collections, account reconciliation,
and customer communication across 75+ B2B clients.
* Managed a portfolio generating ~1 billion SAR annual revenue, achieving 95%+ collection efficiency.
* Developed and implemented SOPs for invoicing, dunning, and escalation processes, improving dispute
turnaround time by 30%.
* Built real-time dashboards in Power BI for AR aging, collection targets, and DSO metrics for executive
use.
* Reviewed and recommended payment terms and collaborated with the credit risk team to reduce
exposure.
* Trained team members on SAP Business One, customer service practices, and collections scripts.
* Coordinated with finance and HR to align receivables data with payroll processing for project-based
billing cycles.
* Engaged directly with key accounts to negotiate payment terms and resolve high-value overdue balances.

• Managed complete accounts receivable cycle including invoice preparation, collections tracking, and
allocation of payments.
• Maintained 0% unapplied cash through same-day or 48-hour posting of receipts and constant client
follow-up.
• Generated AR schedules, reconciliations, and supporting documents for external audits and internal
reporting.
• Conducted variance analysis between forecasted and actual cash inflows, adjusting projections based
on payment behavior.
• Used SAP Business One and MS Excel for reconciliations and reporting.
• Handled dispute resolution by identifying root issues, issuing credit/debit notes, and improving invoice
clarity.
• Reduced aged debt over 90 days by 40% through customer engagement and structured collection plans.
• Reviewed client contracts to ensure billing accuracy and compliance with agreed terms.

• Supported day-to-day accounting, reconciliations, and invoice processing.
• Assisted with financial reporting and month-end closing tasks.

• Completed internship as part of BBA degree with hands-on accounting experience.