Senior Specialist - Accounts Receivable

Ensure the accuracy of the accounts receivables accounting in order to ensure that ARDARA makes timely collections of its dues from clients. The role calls to support the implementation of a credit and collections policy to ensure timely collections and control over receivables.

• Issue client invoices timely and accurately in accordance with ARDARA’s accounting policy and procedures.
• Present such invoices for revie and approval by line manager prior to issuance to clients.
• Demonstrate knowledge of ARDARA’s revenue recognition policy and book the invoices issued to clients as per the said policy and in accordance with financial standards and practices.
• Ensure accurate recording of client invoices in ERP system with attention to properly code revenue from these invoices to proper revenue account and/or project and to proper client account
• Follow up and liaise with clients to ensure the receivables are properly received and collections are made in a timely manner.
• Perform daily check on bank accounts to reconcile payments received, and record such identified incoming payments into ERP system, to the proper revenue account and/or project and to proper client account
• Always ensure that bank, sales ledger and customer account reconciliation entries have been posted correctly and on a timely basis
• Prepare and continuously update a Receivables Aging report showing anticipated revenue per client / project / revenue account.
• Ensure timely reporting / escalating of overdue clients’ invoices that are being in non-conformity of approved and agreed upon payment terms with client.
• Coordinate and liaise with clients to perform accounts receivables reconciliation and to ensure that client accounts are always up-to-date with regards to invoices issued, payments, received and/or any credit/debit instructions.
• Record, account for and monitor payments due from employees such as salary advances, staff loans and cash advances and prepare the necessary entries, and coordinate with the P&C department for needed recoveries / adjustments.

• Bachelor’s degree in Finance and Accounting, Business Administration or equivalent from a recognized and accredited university.
• Relevant Professional Qualification (ACCA, CPA, SOCPA, CMA) is an advantage.

• 5+ years of professional experience in Accounting / Finance in a fast-paced and dynamic environment in a development organization.
• Comprehensive working knowledge of governing bodies, committees, and regulatory organizations for the development sector within KSA.