Costing Accountant📣 Job Ad

About the Role

Alfanar is seeking a Costing Accountant to join our team in Riyadh, Saudi Arabia. This full-time role is crucial for supporting invoicing, payment tracking, and accounts receivable reporting processes. The successful candidate will ensure accurate financial records, prepare timely reports, and provide essential data insights to sales and finance teams, contributing to effective follow-up on outstanding accounts and maintaining customer account integrity. We are looking for a professional with 5-10 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 their accurate application to customer accounts.
• Maintain proper documentation for all invoicing and payment records.
• 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 client follow-ups.
• 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.
• 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 accurate and up-to-date account information.
• Support internal audits and reporting by providing required AR documentation and data.

Professional Competencies

• Demonstrate the ability to acquire and apply updated soft and technical skills relevant to the job.
• Perform planned activities to meet operational and development targets according to delivery schedules.
• Utilize resources effectively to achieve objectives within efficient cost and time parameters.
• Provide periodic reports detailing deviations and execution of planned tasks.
• Solve arising problems and escalate complex operational issues as needed.
• Ensure quality requirements are met and contribute to developing effective quality controls and processes.
• Coordinate well-defined written systems, policies, and procedures, actively seeking automation opportunities.
• Comply with all related policies, procedures, and work instructions.
• Ensure compliance with relevant safety, quality, and environmental management procedures and controls within the defined area of work.

Qualifications and Experience

• A minimum of 5 to 10 years of experience in a costing or accounts receivable accounting role.

Work Environment

This is a full-time position based in our offices in Riyadh, Saudi Arabia, offering a dynamic environment within a leading company.

Application Process

We invite qualified candidates to apply and contribute to our finance team.