Costing Accountant📣 Job Ad

About the Role

alfanar is seeking a Costing Accountant to join their team in Riyadh. This full-time role is central to supporting invoicing, payment tracking, and accounts receivable reporting processes. The successful candidate will ensure accurate financial records, prepare timely reports, and provide data insights to sales and finance teams, contributing to effective follow-up on outstanding accounts and maintaining customer account integrity.

Core 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 accurate application to customer accounts.
• Ensure all invoicing and payment records are properly documented and maintained.
• 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 following up with clients.
• Provide data and analysis to assist sales in addressing payment-related issues with customers.
• Document billing discrepancies and flag unresolved issues for the sales or customer service teams to address.
• 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 account information is accurate and up to date.

Financial Reporting and Reconciliation

• 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.
• Support internal audits and reporting by providing required AR documentation and data.

Professional Standards and Compliance

The role requires a commitment to continuous professional development, effective utilization of resources, and proactive problem-solving. Responsibilities include ensuring quality requirements are met, contributing to business process improvements, and adhering to all relevant company policies, procedures, and work instructions. The incumbent will also ensure compliance with safety, quality, and environmental management procedures within their defined area of work.

Required Experience

Candidates should possess 2-5 years of relevant experience in an accounting or finance role.

Work Environment

This is a full-time position based in Riyadh.