| Job Location | Al Kuwait, Kuwait |
| Education | Bachelor's degree / higher diploma |
| Salary | Not Mentioned |
| Industry | Recruitment & Employee Placement Agency; FMCG |
| Functional Area | Not Mentioned |
Oversee all collection activities for both local and foreign principals maintaining up to date records and analysis to facilitate the task.Provide leadership and support to the credit control and collection team members.Ensure follow up on collection and allocate payments and reporting activities.Responsible to set a monthly collection target and share with F.M. Once reviewed and approved the same to be monitored against actual collections.Responsible to monitor and update the collectors KPI on monthly basis and thereby facilitating the quarterly incentive payouts.Perform account reconciliations with specific responsibility for key accounts.Review Key accounts BDA?s to verify its terms and conditions and report in case of discrepancies.Ensure all eligible rebates as per BDA?s are accurately provisioned on a monthly basis by the responsible AR accountant.Monitor customer account details for non-payments, delayed payments and other irregularities and recommend appropriate actions.Research and resolve payment discrepancies.Review AR aging to ensure compliance.Maintain accounts receivable customer files and records.Follow established procedures for processing receipts, cash etc.Investigate and resolve customer queries.Excellent communication with customers through impeccable email drafting, personal meetings and via phone calls.Supervise day to day A.R. accounting operations, as assigned up to finalization.Supervise the month - end closing through A.R. team, to ensure completion as per deadline.Ensure accurate and timely weekly, monthly, quarterly and year end close processes.Ensure all financial reporting deadlines are met.Prepare for financial audit and coordinate the audit process as needed.Develop thorough understanding of the accounting and business processes with involvement in the operational aspects as necessary.
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