Accounts Receivable Executive

About the Role

Cognita Schools is seeking a detail-oriented and highly organized Accounts Receivable Executive to join its Finance team in Riyadh, Saudi Arabia. This full-time position, starting in October 2026, involves managing the complete accounts receivable cycle, ensuring accurate and timely billing, effective credit control, and adherence to financial controls and regulatory requirements. The role is critical for maintaining accurate financial records and supporting month-end closing and audit processes.

Key Responsibilities

• Manage the full accounts receivable cycle, including billing, invoicing, collections, reconciliations, and reporting.
• Prepare and issue tuition fee and other income invoices using relevant billing systems, price books, contracts, and sales orders.
• Support the administration of Zenda and manage non-Zenda and miscellaneous payment collections.
• Apply approved discounts and maintain accurate supporting documentation and item codes for relevant activities.
• Manage AR ageing, follow up overdue accounts, issue reminders, and manage collections and account suspensions in line with school policies.
• Process refunds and respond professionally to payment and account queries from parents and other stakeholders.
• Perform daily banking activities, including cash and cheque deposits, and complete timely bank and control account reconciliations.
• Manage petty cash, staff advances, journal vouchers, and related reconciliations.
• Support month-end closing by preparing AR schedules, reconciliations, control account reports, and other income reporting.
• Ensure compliance with internal controls, ministry requirements, tax regulations, and audit requirements.
• Maintain and update relevant ministry and tax records and support internal and external audit requests.
• Provide high-quality customer service to parents, staff, and internal stakeholders via email, telephone, and walk-in enquiries.
• Maintain accurate financial records while demonstrating a high level of integrity, confidentiality, and attention to detail.

Qualifications and Experience

• Bachelor’s degree in Accounting, Finance, or a related field.
• Professional certification such as ACCA, CMA, CPA, or equivalent is preferred.
• 2–5 years of experience in Accounts Receivable or Finance Operations.
• Strong understanding of accounts receivable processes, billing systems, credit control, collections, and reconciliations.
• Experience within the education sector or school finance environment is an advantage.
• Proficiency in ERP and finance systems, such as NetSuite, NSPB Planning, or similar platforms.
• Strong proficiency in Microsoft Excel.

Required Skills and Competencies

• Excellent attention to detail and a high level of accuracy.
• Strong analytical and problem-solving skills.
• Excellent communication and customer service skills.
• Strong organizational and time-management abilities.
• Ability to manage multiple priorities and meet tight deadlines.
• Ability to work effectively under pressure.
• High level of integrity, professionalism, and confidentiality.
• Strong interpersonal skills and the ability to work collaboratively with a range of stakeholders.

Work Environment

This role is based in King’s College, Riyadh, and is a full-time position within the Finance team of Cognita Schools. The successful candidate will contribute to a professional environment focused on financial accuracy and compliance.