AR Accountant

Job Description

Providing financial analysis to assure/facilitate the optimal use of commercial resources. The AR Accountant manages the billing, collections, and reconciliation processes related to customer accounts, ensuring timely payments and maintaining accurate financial records

Responsibilities:

• Receive the distributors' sales orders and modern trade orders, review as per credit SOP, approve and release them, or block sales as per credit SOP.
• Prepare credit reports and control overdues.
• Owner of the credit committee and its MOM.
• Random checks of sales invoices, customer credits, and special prices.
• Finish Goods reconciliation every month.
• Calculate 3PL commission and receive necessary approval for payments.
• Prepare customer report and monitor the execution as per the credit policy.
• Monitor and report customer overdue, outstanding, and Bad debt.
• Review and control sales prices and correct the finance report accordingly.
• Prepare a forecast of collections in consultation with the sales team.
• Ensure all documents related to his/her functions are promptly and correctly filed.
• Participate in the book-closing and inventory counting.
• Prepare a monthly statement of accounts of customers and secure confirmation of the same.
• Update provincial distributors' trade receivables accurately.

Requirements:

• 3 years of experience in AR accounting.
• Bachelor's degree in Finance or Accounting.
• Fast-moving consumer goods (FMCG) industry experience.
• Extensive knowledge of MS Office.
• Good analytical skills.
• Time management skills.
• Organized.
• Team worker.