Accountant Accounts Receivable Specialist

Business Overview:

Alnafitha IT is a leading independent provider of IT services and solutions in Saudi Arabia founded in 1993.

As a fully Saudi-owned company we have established ourselves from a startup business to a market leader offering a comprehensive range of IT solutions tailored to meet the unique requirements of our clients.

Our expertise spans across various domains including Microsoft AWS ManageEngine and Zoho Solutions ensuring that we deliver strategic IT solutions that drive digital transformation and operational excellence to our clients.

With over 30 years of experience Alnafitha IT has successfully completed more than 4000 projects serving over 3000 satisfied customers and collaborating with 65 partners.

Our commitment to excellence is evident in our customer-centric approach which emphasizes engagement collaboration and a relentless pursuit of quality in every interaction.

Our vision is to be the Kingdoms most customer-centric provider for digital transformation and consultation fostering innovation and excellence in all our solutions. We are dedicated to optimizing operational efficiency and ensuring effective resource utilization to enhance customer satisfaction and profitability

At Alnafitha IT we believe in empowering our employees and nurturing their growth which is essential for driving leadership in technology and customer satisfaction. As we continue to expand our presence in the IT landscape we remain committed to delivering cutting-edge solutions that not only meet but exceed our clients expectations.

Job Summary/Objective

The Accountant Accounts Receivable Specialist is responsible for managing the companys incoming payments ensuring accurate and timely processing of invoices making bank deposits and running reports that document profits and losses for organizations also maintaining positive relationships with clients. This role requires strong attention to detail excellent communication skills and a solid understanding of accounting principles.

Key Responsibilities:

Accounts Receivable Management

Check upon accounts receivable processes including managing invoices credit memos and collection through regular review and ensuing all processes are followed upon accurately to maintain efficient cash flow and minimize discrepancies.

Check upon customer accounts resolve discrepancies and maintain accurate records through comparing customer accounts records with the internal records and address any inconsistencies to ensure reliable financial reporting and customer satisfaction.

Gather meticulous records of payments for easy reference and auditing using accounting software to log and track payment information to help facilitate audits and improve transparency.

Invoicing and Billing

Produce accurate and timely invoices reflecting products or services provided through implementation of automated invoicing systems to streamline the process and to ensure that customers receive correct bills promptly while improving the cash flow.

Check billing information terms and pricing for each transaction before invoicing through finding references for each billing information with contracts and agreements to prevent billing errors and disputes.

Operate the entire invoicing process efficiently from creation to delivery through email and electronic invoicing systems to ensure prompt delivery to help in enhancing the speed of the collection process.

Collections and Cash Application

Monitor and follow up on outstanding customer balances to ensure timely collections through validation of reminders and schedule regular checks on accounts to minimize overdue accounts and Improve cash flow.

Process customer payments to appropriate accounts and invoices accurately using accounting software to track and manage payments to ensure accurate records and financial Integrity.

Provide reminders and facilitate payment of invoices due by sending reminders and contacting clients regarding due Invoices for follow-ups to encourage prompt payment and reduce overdue balances.

Receivable Analysis

Gather accounts receivable data to identify trends patterns and areas for improvement using data analytics tools to compile and assess information effectively.

Produce data to assess overall financial health through creation of comprehensive reports detailing receivable performance to support strategic decision making.

Aging Reports and Reporting

Produce and review aging reports to assess the status of receivable balances through accounting software (ZOHO box) to automate report generation to help Identifying overdue accounts and prioritize collections.

Submit regular reports and updates on accounts receivable performance including financial statements detailing status through regular reports submissions to management to keep stakeholders informed about financial health.

Receivable Reconciliation

Check upon accounts receivable sub-ledger to the general ledger ensuring accuracy and completeness of records through performing reconciliations and addressing discrepancies to maintain Integrity In financial reporting.

Process verification of discrepancies and resolve clients billing issues through Investigation process for discrepancies and communicating the findings with clients to enhance client trust and satisfaction.

Internal Controls and Compliance

Implement internal controls to ensure compliance with company policies and accounting principles through developing and enforcing guidelines for receivable management to be able to mitigate risks and ensure adherence to accounting principles.

Process refunds and write-offs as necessary in a timely manner through established procedures for financial accuracy to be able to ensure accuracy of financial records and customer relations

Continuous Improvement

Regularly check accounts to identify and address late or missing payments through alerts and regular audits of accounts to proactively address Issues before the escalation.

Negotiate payment terms and facilitate resolution of billing disputes through direct communication to find beneficial solutions to foster positive client relationships and ensure timely payments.

Qualifications

• Education: Bachelors degree in accounting Finance or a related field
  
• Experience: 5 years of experience in accounts receivable or a related accounting role
  
• Proficiency in financial software and accounting tools
  
• Strong knowledge of accounting principles and practices
  
• Excellent attention to detail and ability to maintain accurate financial records
  
• Effective communication and interpersonal skills for customer interactions and team collaboration
  
• Problem-solving and analytical skills to navigate complex payment discrepancies
  
• Exceptional organizational and time management abilities to meet deadlines and manage multiple tasks simultaneously
  
• Proficiency in data analysis and report generation
  
• A solid understanding of industry regulations and compliance
  
• Strong knowledge of accounts receivable processes and financial regulations
  
• Excellent attention to detail and accuracy
  
  

EQUAL EMPLOYMENT OPPORTUNITY COMMISSION:

Alnafitha IT is an Equal Opportunity Employer and does not discriminate based on race color creed national origin ancestry religion age citizenship sex marital or veteran status disability or handicap sexual orientation or any other basis prohibited by applicable law. Alnafitha IT also takes affirmative action to employ and advance in employment qualified women minorities and diversity representations. Alnafitha IT also makes reasonable accommodation for qualified individuals with disabilities in accordance with the Saudi and Egyptian employment laws