Accountant (Collections - Commercial)

Job Purpose

settlement of their outstanding accounts. To monitor customer's adherence to the agreed credit terms, credit

limits and payment terms. To devise quick course of action in event of payment defaulted. To prepare weekly, monthly and quarterly reports and ensure accounts of defaulters are reported.

Job Accountabilities

• Receives the list and files of the customer assigned from the Senior Collection Manager. Studies these

• Calls and arranges formal visits to individual customers to discuss the unpaid dues in their accounts

• Follow up with assigned customers to settle debts on time and ensure the signed agreement between

• Monitors customer's adherence to the agreed payment terms and devises immediate regularization

• Provide the customer with missing documents such as (invoices, PDN, Credit note) to compete the

payment process on time.

Job Accountabilities

• Receives company's bank statements on daily basis and unidentified all the payment with details and send

• Identify cash payments from corporate customer and send it to cash office to create receipt and allocated

• Applies receipts to proper customer on daily basis invoice.
• Receives cheque from customers, gives the customer a temporary receipt of cheque collection and

• Receives returned cheque from the cash office and report the senior. Holds all returned cheques in a safe

• Identifies and reports periodically about all customers returned cheque to the senior. Escalates the issue

• Coordinates regularly with business units' sales managers to receive the latest update about the customer

• Identifies frequently defaulted customers and report them to the senior. Discusses with the senior an action

• Prepares monthly Aging report of customer overdue and mention the reasons non- payment.
• Performance other job-related duties such as providing necessary information and supporting documents

• Preparing the following reports on monthly basis to the senior management to view the performance of the

• Prepares and send the balance confirmations to top 10 customers quarterly.

• Bachelor's degree in accounting, Finance, or a related field.
• 6 years of experience in debt management and credit recovery in similar service industry or bank.
• Regional exposure and retail background are a plus.
• Valid UAE driving licence.
• Proficiency in Arabic and English language
• Public relations, interpersonal and negotiation skills.