Job Purpose:
The responsibility is to perform the Accounts Receivable activities including the preparation of invoices, processing transaction entries, and generation of Accounts Receivable reports.
Duties and Responsibilities:
- Perform Customer Credit Risk Assessment and prepare the Credit Analysis report after conducting credit evaluation based on the developed standard customer credit qualification checklist.
- Create performance invoices for customer advances and deposits in coordination with the Accounts Receivable Supervisor.
- Develop manual invoices for aeronautical and non-aeronautical customers in the Accounts Receivable module and check for payment terms and conditions and ensure all financials are as per the contract and agreement.
- Verify if payment has been received/collected from the customer within the agreed terms of payment and update the AR system with the payment details.
- Follow up on overdue collections and receivables and generate the Customer Ageing report and provide the required notifications to customers as per the Collections Overdue Policy.
- Review AR sub-ledger and identify any need for accruals, provisions, and adjustments before performing reconciliation and prepare adjustments JVs as a part of the Period-end Reporting process.
- Prepare the Reconciliation report in coordination with the customer after generating the customer Statement of Accounts (SoA) from the AR system.
Education & Professional Experience:
- Bachelor’s Degree in Finance or Accounting or equivalent.
- 4 Years minimum of relevant experience.