AR Accountant

Ostool Transport; a subsidiary of Raya Holding for Financial Investments is looking to hire a AR Accountant with the below job responsibilities and qualifications:

• Maintain up-to-date billing system using ERP system.
• Generate and send out invoices.
• Follow up on, collect and allocate payments.
• Carry out billing, collection and reporting activities according to specific deadlines.
• Monitor customer account details for non-payments, delayed payments and other irregularities.
• Research and resolve payment discrepancies.
• Review AR aging to ensure compliance.
• Maintain accounts receivable customer files and records.
• Assist with month-end closing.
• Collect data and prepare monthly customer statement analysis.
• Updates receivables by totaling unpaid invoices & process adjusting entries.
• Resolves invalid or unauthorized deductions by following pending deductions procedures.
• Resolves collections by examining customer payment plans, payment history, credit line; coordinating contact with collections department.
• Summarizes receivables by maintaining invoice accounts; coordinating monthly transfer to accounts receivable account; verifying totals; preparing report.
• Maintain an audit file for each contract which will include original contract, all correspondence, changes/deviations, amendments, clarifications, payment schedules.
• Ensure that contractor is in compliance with legal requirements, owner specifications and government regulations.
• Provide contract summaries and ensure contract execution in accordance with company policy.
• Track payments and deadlines.

• Bachelor of Commerce (English Section).
• At least one year of experience in a similar position.
• Good knowledge of Microsoft Office applications specially Word, Excel & Outlook.
• Excellent time management skills.
• Excellent Communication skills.
• Previous experience in the logistics filed is an advantage.
• Accounting studies or certificates are an advantage.