Receivable Section Head EPC Telecommunication Company📣 إعلان

About the Role

RAWAJ, a leading Saudi holding company, is seeking a Receivable Section Head to join its team in Riyadh. This full-time role is critical for managing the accounts receivable function within a company driving large-scale EPC telecommunication infrastructure projects across Saudi Arabia. The position requires 5-10 years of relevant experience.

Role Overview

The Receivable Section Head will lead and oversee all aspects of accounts receivable, ensuring accurate and timely collection of outstanding receivables, effective credit control, and proper financial reporting. This role involves managing the entire receivables cycle, monitoring customer accounts, driving collection performance, and ensuring compliance with the company’s financial policies and procedures.

Key Responsibilities

• Lead and supervise the Accounts Receivable team, ensuring efficient daily operations.
• Oversee the complete accounts receivable cycle, including invoicing, collections, reconciliations, and account follow-up.
• Monitor outstanding receivables and aging reports, identifying overdue accounts and implementing corrective actions.
• Develop and implement effective collection strategies to improve cash flow and reduce outstanding balances.
• Follow up with customers and internal stakeholders regarding outstanding invoices, disputes, deductions, and payment delays.
• Ensure accurate and timely customer account reconciliations and resolve discrepancies.
• Review and approve receivable transactions in accordance with company policies and authorization limits.
• Prepare regular AR reports, collection forecasts, aging analysis, and performance reports for management.
• Coordinate with Sales, Operations, Legal, and Finance teams to resolve customer-related financial issues.
• Monitor customer credit limits and payment terms, highlighting potential credit risks to management.
• Ensure proper documentation and accounting treatment of receivables, provisions, write-offs, and doubtful debts.
• Support month-end and year-end closing activities related to accounts receivable.
• Ensure compliance with applicable accounting standards, internal controls, and company policies.
• Identify opportunities to improve AR processes, systems, controls, and collection efficiency.
• Coach and develop team members, monitoring their performance against agreed KPIs.

Qualifications and Experience

• A minimum of 6-8+ years of experience in accounts receivable management.
• Demonstrated ability to lead and supervise an Accounts Receivable team.
• Strong understanding of the complete accounts receivable cycle, including invoicing, collections, and reconciliations.
• Proficiency in developing and implementing effective collection strategies.
• Knowledge of applicable accounting standards, internal controls, and financial policies.

Work Environment

This is a full-time position based in Riyadh, Saudi Arabia, within a dynamic EPC telecommunication company. The role involves working collaboratively with various internal departments to achieve financial objectives.

Application Process

Interested candidates who meet the qualifications are encouraged to apply. Salary details will be discussed during the interview process.