Assistant Manager – Accounts Receivables

Assistant Manager – Accounts Receivables

Seddiqi Holding is a family‑owned and managed company with a diverse portfolio of businesses and brands across numerous sectors, including Ahmed Seddiqi, Seddiqi Properties, Swiss Watch Services, and Mizzen.

We are looking for an experienced Assistant Manager – Accounts Receivables to manage all finance activities related to accounts receivables across Seddiqi Holding and its group companies, overseeing domestic and overseas collections.

• Monitor work processes and report key metrics for the Accounts Receivable Section.
• Ensure accurate recording of monthly statements in the appropriate journals and ledgers.
• Reconcile bank account statements with the general ledger for Accounts Receivable related entries periodically.
• Maintain the accounting database and ensure proper implementation of the applicable system for accounts receivable and payments collection administration.
• Manage credit control processes and oversee insurance risk coverage for customers, ensuring appropriate credit limits and insurance policies are in place.
• Review and enhance procedures to ensure all insurance claims are accurately recorded and recovered timely.
• Manage customer billing and cash receipts processing.
• Ascertain that invoices are accurate and in line with tax/regulatory guidelines or contracts with customers.
• Ensure timely collection of payments for the generated invoices and resolve outstanding payment issues.
• Examine proper adherence of accounting guidance for cash deposits.
• Monitor customer account details for non‑payments, delayed payments, and other irregularities.
• Monitor and report deviations from credit standards.
• Inspect the recording and application of cash, manage outstanding invoices, and monitor escalated collection matters and disputes to ensure resolution.
• Provide knowledge to retail cashiers about credit collection at stores.
• Ensure the completeness and timely accounting of revenue by ensuring contracts are updated in the system.
• Resolve discrepancies and establish corrective action processes.
• Oversee the preparation and timely submission of outstanding debit note reports to management, ensuring consistent follow‑up with principals and brand teams to expedite collections.
• Supervise the analysis of brand marketing expenditures to support marketing recovery efforts, coordinating with brand principals to review, validate, and finalize expenses and brand contributions for debit note issuance.
• Lead the development and maintenance of a brand recovery tracker to monitor and control brand‑related receivables, ensuring accurate reporting to senior management.
• Define goals and key performance indicators for each member of the section and ensure effective implementation of the performance management process.
• Develop talent within the team by providing guidance, ongoing feedback, and coaching to achieve the defined goals.

• Bachelor’s Degree or equivalent in Finance / Accounting / Business Administration.
• 6‑8 years of Accounts Receivable experience.
• 3 years of job‑related experience within Luxury retail/Retail/FMCG Industry in UAE/Middle East.
• 3‑4 years of experience as a supervisor / manager.

• Seniority Level: Not Applicable
• Employment Type:
  
  Full‑time
• Job Function:
  Finance
• Industries:
  Retail Luxury Goods and Jewelry

Referrals increase your chances of interviewing at Seddiqi Holding by 2x.

Location:

Dubai, United Arab Emirates

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