SECTION MANAGER ACCOUNTS RECEIVABLE📣 Job Ad

About the Role

Alfanar Projects is seeking a Section Manager, Accounts Receivable to lead and manage the Accounts Receivable function. Based in Riyadh, this full-time position is critical for ensuring accurate invoicing, effective credit control, and timely collection of receivables. The role also involves overseeing promotions, commissions, customer bonuses, system improvements, and process automation, all while ensuring compliance with company policies and enhancing the efficiency of the Order-to-Cash process.

Key Responsibilities

• Lead the end-to-end Accounts Receivable process, including month-end and year-end closing activities.
• Monitor customer balances, outstanding receivables, overdue amounts, and account status.
• Prepare annual and biannual Accounts Receivable balance sheet reports, budget reports, and financial studies related to credit management.
• Approve customer return requests and refund payments in accordance with company policy.
• Oversee the recording of sales invoices, manage collection activities, and approve the creation of cash and credit customer accounts.
• Review, analyze, and approve customer credit note requests and manage customer credit terms.
• Review new promotions and compensation schemes, manage accrued customer and sales team promotions, and prepare sales promotion analysis reports.
• Participate in the development of sales commission systems, manage calculations and payments, and maintain customer bonus entitlement calculations.
• Collaborate with Sales, Commercial, Treasury, Legal, and Operations teams, supporting sales contract review and commercial negotiations involving customer credit exposure.
• Prepare periodic Accounts Receivable reports, credit control statistical and exception reports, overdue reports, aging reports, commission reports, and promotion-related reports.

Team Leadership and Development

• Lead, coach, and develop the Accounts Receivable team.
• Set individual KPIs and performance objectives, conduct performance reviews, and develop individual and departmental succession plans.
• Identify and address training and development needs within the team.

Process Excellence and Digital Transformation

• Lead the digital transformation of Accounts Receivable processes, identifying automation opportunities across invoicing, collections, cash application, reconciliations, reporting, and customer communications.
• Implement workflow automation and ERP optimization initiatives, collaborating with IT and Finance Transformation teams on digital finance solutions.
• Develop dashboards using business intelligence tools such as Power BI and SAP Analytics Cloud.
• Reduce manual activities through system enhancements and process standardization, improving ERP utilization and integration across Order-to-Cash processes.
• Monitor automation benefits through measurable KPIs.

Leadership and Operational Excellence

The successful candidate will demonstrate strong leadership by recruiting, cultivating, and managing high-performing teams, while ensuring fair treatment and performance-based assessment. This role requires taking full responsibility for operations, anticipating problems, making timely decisions, and delivering results with quality and cost efficiency. The Section Manager will be expected to make a tangible difference in their area, transform corporate goals into actionable business plans, monitor performance, and control budgets. Furthermore, the role involves developing organizational structures and processes, seeking automation opportunities, promoting the use of IT solutions, upholding quality as a prime competitive advantage, adapting to new techniques and technologies, and ensuring a safe, secure, and legal work environment.

Required Experience

Candidates should possess 6 to 10 years of relevant experience in Accounts Receivable management or a related financial leadership role.