PIPECARE Group of Companies – the leading provider of inline inspection services in Oil&Gas field - is looking for the Accounts Receivable Accountant to join our Team.
The Accounts Receivable Accountant is responsible for ensuring proper invoicing in an organization.
His/her scope of work entails collecting all monies owed by clients to Company for services already provided but are still to be paid for.
Key Responsibilities & Authorities:
Ensure all monies due to the Company are collected promptly
Report and monitor any deviation from the outlined credit standards by LS customers
Ensure accurate and timely invoicing
Daily collection report (CDC + PDC) should be prepared and send to Group FM and Treasury
Ensure all cash received are properly applied via proper management of all cash applications
Ensure all customers have access to standard templates designed by the company for invoicing credit remittance
Manage and establish all limits of customers, while conducting credit check on the customer
Maintaining the necessary files and records including all documentation related to the customers (agreement copy, trade license, credit application form, others)
Compile recommendations towards improving collection and invoicing qualities
Report on daily basis: invoice adjustment, cash receipt, aging totals, and invoicing totals.
Keep company information confident towards protecting the company’s values in the public’s view
Posts monthly transactions to maintain company’s account ledgers
Monthly sending statement of account to all customers
Monthly accounts receivables reconciliation to make sure the accounts tally.
Adhere strictly to company’s internal account control by maintaining outlined financial security
Develop company’s AR budgets and plan.
Reviewing and updating weekly the collection report and to be compare it with the targeted plan/cash flow.
Weekly report to be raised to Finance Manager related to the invoicing, collection, uncollectable balances, etc.
Performs other duties as assigned by Finance Manager within the job role.
Prepare and pay weekly calendar for Middle East.
Ensure all Middle East Accounts Receivables recorded by the AR.
Skills/Experience:
Bachelor Education in Finance
Five years of experience in credit and collections.
Superior spreadsheets skills and a good knowledge of Microsoft Excel.
Knowledge of accounting software is a plus.
Managerial skills and experience are a must.