Accounts Receivable Accountant

About the Role

Alfanar Projects is seeking an Accounts Receivable Accountant to join their team in Riyadh. This full-time role involves supporting invoicing, payment tracking, and accounts receivable reporting processes. The ideal candidate will ensure accurate financial records, prepare timely reports, and provide data insights to sales and finance teams to facilitate effective follow-up on outstanding accounts and maintain customer account integrity. The position requires 2-5 years of relevant experience.

Key Responsibilities

• Assist in the preparation and issuance of accurate and timely customer invoices based on approved sales and delivery data.
• Record incoming payments and ensure accurate application to customer accounts.
• Ensure all invoicing and payment records are properly documented and maintained.
• Monitor customer account balances and payment trends, highlighting overdue or irregular accounts to the sales team.
• Generate periodic aging reports and exception lists to support sales in following up with clients.
• Provide data and analysis to assist sales in addressing payment-related issues with customers.
• Reconcile accounts receivable ledgers to ensure accurate posting of payments and credit memos.
• Prepare monthly AR summaries, aging reports, and trend analyses for management and sales review.
• Support the finance team during month-end closing by submitting accurate and timely reports.
• Document billing discrepancies and flag unresolved issues for the sales or customer service teams to address.
• Respond to internal inquiries regarding customer account statuses or payment history.
• Track the resolution of disputes and escalate issues as necessary for sales action.
• Maintain organized and updated records of invoices, payments, and account adjustments.
• Coordinate with sales, finance, and customer service teams to ensure account information is accurate and up to date.
• Support internal audits and reporting by providing required AR documentation and data.

Role Accountabilities

• HR Proficiency: Obtain updated soft and technical skills related to the job.
• Delivery: Perform planned activities to meet operational and development targets as per delivery schedules. Utilize resources effectively to achieve objectives within efficient cost and time. Provide periodic reports detailing deviations and execution of planned tasks.
• Problem-Solving: Solve any related problems that arise and escalate complex operational issues.
• Quality: Ensure quality requirements to develop effective quality control and processes, including specifications for products, processes, or related activities.
• Business Process Improvements: Coordinate well-defined written systems, policies, procedures, and seek automation opportunities where possible.
• Compliance: Comply with related policies, procedures, and work instructions.
• Health, Safety, and Environment: Ensure compliance with relevant safety, quality, and environmental management procedures and controls within the defined area of work activity to guarantee safety, legislative compliance, and delivery of high-quality products/services.

Qualifications and Experience

• 2-5 years of experience in a relevant field.

Work Environment

This is a full-time position based in Riyadh, Saudi Arabia. The salary for this role will be disclosed during the interview process.