Accounts Receivable Raffles The Red Sea📣 Job Ad

About the Role

Raffles Hotels & Resorts is seeking a detail-oriented and organized Accounts Receivable professional to join the finance team at Raffles The Red Sea, located in Umluj, Saudi Arabia. This full-time position is integral to managing the accounts receivable function, ensuring timely payment collections, and maintaining accurate financial records for this luxury hospitality property within the Red Sea Project.

Role Context

Raffles The Red Sea is a new, refined luxury resort situated in Saudi Arabia’s Red Sea destination. It aims to blend Raffles’ service standards with the natural beauty and sustainability principles of Red Sea Global. As an Accounts Receivable professional, you will play a critical part in supporting the organization's financial operations and contributing to the overall success of this upscale property.

Key Responsibilities

• Process, verify, and record customer invoices and billing transactions with accuracy and efficiency.
• Monitor outstanding receivables and prepare aging reports to identify collection priorities.
• Follow up with customers regarding overdue payments through professional communication and negotiation.
• Reconcile accounts receivable accounts and investigate discrepancies to ensure data integrity.
• Apply cash receipts to customer accounts and maintain detailed payment records.
• Prepare and analyze accounts receivable reports for management review and financial reporting.
• Support month-end and year-end closing processes, including reconciliations and accrual adjustments.
• Maintain organized filing systems and ensure compliance with company policies and procedures.
• Communicate effectively with internal departments and external customers to resolve billing inquiries.
• Assist in the development and implementation of improved collection procedures and processes.

Qualifications and Experience

• Proven experience in accounts receivable management, collections, or related accounting functions.
• Proficiency with accounting software, ERP systems, and Microsoft Office applications.
• Strong knowledge of invoicing, billing processes, and cash application procedures.
• Experience in project coordination, scheduling, and document control during pre-opening stages is required.
• Familiarity with Saudi Arabia accounting standards and regulations is preferred.
• Experience in the hospitality, hotel, or resort industry is preferred.
• Understanding of ultra-luxury guest expectations and brand alignment.

Required Skills and Attributes

• Excellent analytical skills with the ability to interpret financial data and identify trends.
• Exceptional attention to detail and commitment to accuracy in all financial transactions.
• Strong organizational and time management skills with the ability to prioritize multiple tasks.
• Professional communication and interpersonal skills with the ability to work effectively with diverse stakeholders.
• Ability to work independently and as part of a collaborative team environment.
• A proactive, anticipatory approach with a strong sense of ownership and accountability.
• Impeccable grooming and personal presentation aligned with luxury standards.

Work Location and Type

This is a full-time position based in Umluj, Tabuk, Saudi Arabia. The role is part of the pre-opening phase for Raffles The Red Sea.