Accounts Receivable Accountant

About the Role

AlKhalejiah is seeking a Senior Accounts Receivable Accountant to join its team in Riyadh, Saudi Arabia. This full-time role involves managing the complete accounts receivable cycle, supporting high-volume transactions across various business channels including manufacturing, bakery, retail, distribution, key accounts, and e-commerce. The position requires 2-5 years of relevant experience.

Role Overview

The Senior Accounts Receivable Accountant will be responsible for ensuring accurate financial reporting and compliance with Saudi VAT and ZATCA e-invoicing requirements. This includes managing billing, collections, credit control, cash application, and reconciliations for a diverse range of customer accounts and sales channels.

Key Responsibilities

• Manage customer invoicing, credit and debit notes, payment applications, and customer master data.
• Validate invoices against sales orders, delivery notes, purchase orders, returns, and commercial agreements.
• Ensure compliance with Saudi VAT regulations, ZATCA Phase 2 e-invoicing requirements, and internal financial controls.
• Reconcile customer accounts, retail and bakery POS transactions, delivery records, and bank deposits.
• Reconcile e-commerce and marketplace settlements, including commissions, platform fees, refunds, and logistics charges.
• Monitor AR aging, overdue balances, customer credit limits, and payment terms; escalate high-risk accounts.
• Coordinate collections with customers and Sales teams to achieve monthly collection targets.
• Investigate and resolve deductions related to returns, damaged or expired products, promotions, rebates, pricing differences, and shortages.
• Issue Statements of Account and obtain customer balance confirmations.
• Apply customer receipts accurately and resolve unallocated or unidentified payments.
• Complete month-end AR closing and AR-to-General Ledger reconciliations.
• Support Expected Credit Loss calculations, bad debt provisioning, and audit requirements.
• Prepare AR performance reports and contribute to cash flow forecasting and process improvements.

Experience and Qualifications

• 2-5 years of experience in accounts receivable or a related accounting field.
• Demonstrated understanding of the full AR cycle, including billing, collections, and reconciliations.
• Familiarity with Saudi VAT regulations and ZATCA e-invoicing requirements.
• Ability to manage high-volume transactions across multiple business channels.

Work Environment

This is a full-time position based in Riyadh, Saudi Arabia, within the finance department of AlKhalejiah. The role involves working with various internal teams, including Sales, and directly with customers.

Application Process

Candidates who meet the qualifications are encouraged to apply for this role.