RECEIVABLE ACCOUNTANT
Arabian Hala Company Ltd. AVIS Int’l Rent a Car. Division of Avis Europe Kingdom of Saudi Arabia
Total years of experience :24 years, 7 Months
As Regional Accountant I am performing the following duties;
- Reporting to Chief Financial Officer.
-Total in charge of Central Region for Invoicing, Collecting
Payments& Petty Cash.
-Preparation of forecasts revenue with periodical controls, variance
analyses along with management reporting and ensuring compliance.
-Examined Invoices, general ledger reconciliations, and numerous analyses including P&L variance, inter-company accounts.
-Monitor and administer all customer accounts prepare customer's statements, and invoices
-Research and analyze accounts
-Determine payment schedules with customers
-Contact delinquent customers to secure payment
-Initiate collection efforts
-Prepare accurate monthly billing adjustments
-Investigate and resolve billing and account discrepancies
-Manage and resolve customer inquiries
-Compile data and prepare monthly reports and statements
-Monthly receivables review, their aging and report on doubtful debts.
-Prepared management reports concerning corporate leasing
-Verification of contract schedules for monthly revenue recognition.
-Verification of Provisions Doubtful Debts on monthly basis.
-.Preparation of accruals on monthly basis
NCBS was founded in 2008 by parent company Mobily, a market leader in Mobile Telecommunication in the Kingdom of Saudi Arabia.
NCBS is a fully owned subsidiary of Mobily Group, based in Riyadh
ROLES AND RESPONSIBILITIES
• Customization of the existing accounting package for more useful & concise information.
• Assist in implementation of I-Supplier module.
• Update Bank information as per given by third party or provided assignment by bank.
• Preparing payment through B2B system.
• Entering advanced invoice, credit note, WHT in manually.
• Journal entry for none submitted payment to bank, and reserve fund and posting by HOD approval.
• Develop and modify internal control forms such as JV, PV for proper recording.
• Preparation of Bank Reconciliation Statements providing by treasury Dept.
• Control & scrutiny of Payables.
• Preparation of interim audit information whenever required.
• Manage the business case approval process, ensuring the effective allocation and usage of capital expenditure.
• Undertake variance analysis and develop commentaries and efficiency measures.
• Manage the Fixed Assets of the Business Areas and ensure disposals / impairments are processed in a timely manner.
Support the Head of Finance in the development of insightful business analysis for both operational and strategic decision making.
• Preparing the manual entries in GL as required for the timely recording of the vouchers, reclassification and adjustment entries etc.
• Recording the monthly accruals for the un- invoiced part and timely reversing on receiving of the invoices.
Responsibilities include but not limited to:
o Reconciliation for the customers
o Collections are updated and verified for accuracy day by day and no duplicate entries.
o JV entry in the system.
o Prepare Customer Aging Report.
o Prepare Customer Accounts.
o Deposit vouchers entry for the Finance department.
o Weekly collection report to finance department.
o Receive from salesmen the list of Credit invoices in the Market on the cut off date.
o Analyze weekly all the Debit notes and Credit notes and forward to the operation controller
Responsible for following daily tasks:
o Prepare daily report of Jang newspaper and send it to the head office and branches.
o Compare the newspaper with all the contemporary papers and prepare the missing report which was not published in Jang Newspaper.
o Find out the error in the newspaper and send warning notification to the concerned persons.
o Receive e-mails from head office and branches and reply the reports.
o Receive complaints of the newspaper readers and reply them.
o Receive the complaints of the newspaper representatives and renew their contracts and review their monthly, quarterly reports as well as annually reports.