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AR Accountant

1.00 to 2.00 Years   Cairo, Egypt   16 Aug, 2021
Job LocationCairo, Egypt
EducationBachelor's degree / higher diploma
SalaryNot Mentioned
IndustryOther Business Support Services
Functional AreaNot Mentioned

Job Description

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.

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