A well-known and well-reputed Company based in Dubai, United Arab Emirates is looking for an experienced, skilled, competent, mature, qualified, creative, and intelligent candidate with significant knowledge and relevant working experience for the position of “General Accountant (Receivables)”.
Company Name |
Modern Pharmaceutical LLC |
Qualification | Bachelors Degree | Masters Degree | CMA | MBA |
Experience | 2 – 3 years of Relevant Experience Required |
Monthly Salary | 5,500 AED – 6,500 AED |
Employment Type | Full Time | Permanent |
Company Size | 50-100 Employees |
Benefits | Medical Insurance |
Location | Dubai |
The Role
The General Accountant will contribute to the success of the division and MPC by aiding the division team for all related matters of accounting activities in accordance to accounting principles and SAP processes.
What you will do
Area Of focus #1 – Handle allocated Principal Receivables account.
- Provide direct support to Principal Receivable process with various principals.
- Act as first point of contact in receiving various request from division and principals.
- Manage all the Principal request and ensure claim are raised accurately on a timely basis with the principal as per the agreed process.
- Ensure to follow the mandatory requirement are fulfilled before raising claims.
- Roll out Principal claim and SOA on timely basis without any delay.
- Lead in resolving any dispute with the Principal against any claim by providing proper supporting documents.
- Ensure to avoid rejections of claims by verifying end-to-end requirement and do timely follow up with principal to make sure to get confirmation on claims.
- Analyze the exposure against claims rejection and disputed claims to make sure to accrue provisions on timely basis.
- Ensure timely follow up on collection of payments to keep receivable balance LOW.
- Ensure monthly statement of account (SOA) are submitted with allocated Principals.
- Prepare reconciliation of statement of account based on SOA received from Principals.
- Facilitate the reconciliations between AP and AR of principal accounts as and when required.
- Communicate on timely basis the needs and changes required by business at both side.
- Participate in monthly Financial closing activity.
· Complete any task provided by Reporting Manager.
Area Of focus #2 – Coordination with Interdivision.
- Ensure Facilitate in raising Price difference claims through direct Sales report or Irreversible account.
- Facilitate in monitoring Principal loan process (Commercial to Special Order Stock) and identity any discrepancies which needs to be communicated to LSD/Tender Team on a regular basis.
- Facilitate in monitoring all control accounts are cleared on time basis.
- Coordinate with Supply chain, LSD, Fright Team, I.T. and all divisions in relation to resolve the queries and disputes raised by principal.
- Coordinate and liaise with Supply chain to place compensation orders by providing the receivable details and keep check on ETA.
- Support Accounts Receivable teams on a daily basis and train new team members.
- Helps in identifying the area of concern and supports in making SOPs and processes.
Area Of focus #3 – Communication and Teamwork
- Effective communication of all financial information to the divisional teams.
- Communicate within MPC division to collate information/supporting required for Principal claims.
- Developing effective relationships at all levels within MPC to be able to provide appropriate business support where necessary.
Area Of focus #4 – General
- Assist in the process of auditing contracts, orders, and vouchers and prepare documents to substantiate individual transactions prior to settlement.
- Review and correct errors and inconsistencies in financial entries and documents.
- Build effective relations with internal customers and external partners to achieve our business objectives.
What you must have
- CMA / MBA or equivalent qualification with Finance as major subject
- 2 to 3 years of experience as receivable accountant.
- Working experience in Excel (advance), PowerPoint, ERP system, SAP will be added advantage.
- Good knowledge of accounting concept.