Accounts Receivable (AR) Accountant📣 Job Ad

About Anan Real Estate and the Role

Anan Real Estate (شركة عنان العقارية), a prominent real estate company, is seeking a dedicated Accounts Receivable (AR) Accountant to join its finance team in Riyadh, Saudi Arabia. This is a full-time position focused on managing financial transactions related to receivables within a dynamic environment.

Role Summary

The Accounts Receivable Accountant will be responsible for overseeing and managing all accounts receivable transactions, ensuring timely and accurate invoicing, and effective collections. The role requires a solid accounting background, experience in receivables management, and strong knowledge of IFRS and VAT regulations, with a preference for candidates experienced in the real estate industry.

Key Responsibilities

• Manage and monitor accounts receivable transactions to ensure timely and accurate invoicing and collections.
• Prepare and issue invoices to clients, followed by diligent follow-up on outstanding payments.
• Ensure all requirements from REGA for Off Plan Sales and Real Estate Escrow Accounts are applied correctly.
• Reconcile customer accounts and investigate any discrepancies thoroughly.
• Maintain accurate records of receivables and ensure proper documentation is in place.
• Monitor aging reports and coordinate with internal teams to enhance collection performance.
• Coordinate between operations and projects management teams to ensure timely claiming of project progress installments.
• Ensure full compliance with International Financial Reporting Standards (IFRS) and VAT regulations.
• Support internal and external audits by providing all required documentation promptly.
• Support and manage relations with Real Estate Investment Traded Funds (REITs), REGA “Wafi”, and Banks, ensuring all required project instructions are met.

Required Qualifications

• Bachelor’s degree in Accounting.
• Minimum of 1–3 years of experience in accounts receivable roles.
• Experience within the real estate industry is highly preferred.

Skills and Attributes

• Good knowledge of VAT regulations in Saudi Arabia.
• Strong proficiency in Microsoft Excel.
• Strong analytical, organizational, and communication skills.

Work Environment and Employment

This full-time position is based in Riyadh, Riyadh, Saudi Arabia, offering an opportunity to contribute to the finance operations of Anan Real Estate. The salary for this role will be discussed during the interview process.