What is account receivables

what is account receivables

THE ROLE

Our client, a leading trading and classifieds website are on the look out for an AR Accountant

The AR accountant is responsible for carrying out and monitoring the receivable accounting operations of the company. The Accountant role is a full operational role where you will be expected to support the finance team in carrying out the financial responsibilities and operations of the company with focus on AR and Revenue.

You will be looking to make an early step in your career to join a dynamic work environment and a cohesive team. This is a hands-on role, which focuses on Accounts Receivable, Revenue Recognition, system implementation, process improvement and month end reporting.

Reporting to the Manager, the role will be responsible for varied responsibilities including but not limited to;

- Review all new contracts for revenue recognition methodology Customer accounts reconciliation

- Ensure accurate payments allocation Credit notes

management Sub ledger reconciliation

- Evaluate period end deferred balances

- Follow up with sales on outstanding items

- Build internal policy for operations, sales and contract negotiations to minimize negative impact on revenue recognition

- Develop and maintain internal systems to manage contracts with respect to revenue

- Review and make recommendations regarding bad debt or write-offs

- Reconciliation of cash books

- Actively participating and driving system implementation and process improvement

- Assisting in the annual audit and working with auditors on all issues for revenue recognition

- Ensure compliance to Group accounting policies in transaction processing

- Ensure proper GL close to agreed timelines and completion of all Balance Sheet Reconciliations

- Ensure valid, accurate and timely recording of all sales invoices including management of invoice preparation

- Oversee transaction posting in the area of AR and resolve any issues

Source: www.gulftalent.com

Category: Forex

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