Tuesday, February 4, 2020

Receivables Accountant

Employer:Al Kuwait
Job Title:Receivables Accountant
Location: Al Kuwait, Kuwait
Job Type:Full Time Employee
Category:Credit Analysis, S&P, Legal Documents
  • Supervises accounts receivables of trade credit customers assigned to him, which include: follow up & collection,reconciliation, and allocating collection to the right invoices in customers accounts

  • Checks and verifies the approved credit conditions and payment terms of trade credit customers

  • Compares issued and posted invoices to customers purchase orders and delivery notes to ensure that they comply with each other within company policy and procedure

  • Ensures that invoices are submitted to customers billing addresses, by company's collectors, within 2 days from receiving the same

  • Issues credit vouchers to customers accounts upon receipt of approved returns

  • Checks and verifies daily collection receipts with collected cash, and arranges to hand over collected cash to the company's main cashier on a daily basis

  • Records collections and process them into the accounts of trade credit customers

  • Prepares accounts Receivables Ageing Report for analysis

  • Files copies of sales invoices, purchase orders, delivery notes & collection receipts in customers files

  • Prepares files, with all supporting documents, of past due customers to transfer them to Legal

  • Calculates and highlights uncollectable receivables and recommends related write-off action

  • Updates and maintains register for all receivables write-off actions

  • Any other task assigned by Credit & Collection Management.

  • Bachelor degree in accounting - or equivalent

  • Minimum 3 years of experience in accounting functions

  • Knowledge of using accounting software and modules

  • Hands on experience in MS office as a user

  • Good command of Arabic and English

  • Understanding Company Policy and Procedure

  • Acquiring negotiation and communications skills

Education:Bachelor's degree / higher diploma
Experience:Min: 3

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