Payment Processing: Recording and tracking incoming payments from customers. This includes processing checks, electronic transfers, and credit card payments.
Credit Management: Evaluating the creditworthiness of new customers and establishing credit limits. Monitoring and managing the credit accounts of existing customers.
Collections: Contacting customers with overdue payments to remind them of their outstanding balances and negotiate payment arrangements. This may involve sending reminders, making phone calls, or sending collection letters.
Reporting: Preparing and presenting regular reports on accounts receivable status to management. This may include aging reports, cash flow projections, and customer payment histories.
Customer Relations: Maintaining good relationships with customers while also ensuring they meet their payment obligations. This involves effective communication and problem-solving skills.
Account Coding: Properly coding payments received and ensuring they are allocated to the correct customer accounts and invoices.
Records Management: Keeping organized and up-to-date records of all accounts receivable transactions and communications.
Resolution of Disputes: Addressing and resolving any disputes or discrepancies related to invoices and payments.
Bad Debt Management: Identifying accounts that are unlikely to be paid and making provisions for bad debts in the financial statements.
Compliance: Ensuring compliance with accounting standards and regulations related to accounts receivable.
Cash Application: Matching and applying incoming payments to the corresponding invoices in the accounting system.
Job requirement
Degree in Commerce (B Com)
Language proficiency English, Hindi, Arabic, Malayalam
2 years minimum experience
Job Type: Full-time Ability to commute/relocate:
Dubai: Reliably commute or planning to relocate before starting work (Required)
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