Accounts Receivable Manager- Furgo, Dammam, Saudi Arabia

 Accounts Receivable Manager- Furgo, Dammam, Saudi Arabia



Job Description

Basic Function

The Accounts Receivable Manager is responsible for overall AR process of Fugro-Suhaimi (FSL) which includes accounting (AR Ledger), Invoice issuance, Credit Control and Cash Collection.

Key Accountabilities:

    Responsible for full AR process of FSL.
    Managing the daily operations of booking of AR invoices and collections (cash, cheques, bank transactions)
    Manage a team of AR accountants. Responsible for their annual appraisals, development and review
    Review and posting of all daily transactions entries and month end adjustment entries done by AR accountants. Ensure all transactions posted are in accordance to Fugro finance policies and procedures
    Organizes weekly “AR & WIP cash” meeting of business management to review AR & WIP accounts.
    Review of intercompany balances and follows up with Business controllers for settlement
    Ensure timely issuance of FSL’s invoices
    Establish robust Credit Control FSK Policies
    Delivers periodic reporting on AR and unbilled balances
    Identify disputed receivables and follow up with the business to ensure resolution in a timely manner
    Provides guidance to drive prompt resolution of aged AR and unbilled balances
    Contacts and chases the key clients pro-actively to collect outstanding balances according to defined collection processes and in line with Fugro standard best practice collections strategies (depending on scope of SLA)
    Drives on-going adherence to AR & WIP Best Practice Guidelines processes and long term sustainability
    Establishes, communicates, and manages key performance indicators and targets for all AR and unbilled balances (incl. monthly cash target)
    Continuously looks for improvements in the AR process and management of AR. Initiates and drives improvement projects

Qualifications / Skills / Experience required:

    Minimum 8 years’ of relevant experience
    Relevant experience in supervising others with a proven ability of assisting others to develop and grow professionally
    Excellent Arabic and English communication (must have)
    Advanced MS Office, particularly MS Excel knowledge
    Minimum 5 years’ experience in accounting based ERP system
    High degree of accuracy and attention to detail

Role specific Behavioral competencies required:

    Problem-solving/judgment: the ability to observe, think critically and to solve problems using data, analysis, interpretation, and reasoning skills.
    Teamwork: the proven dedication and ability to work successfully with others, adding value to the team.
    Team management: Proven ability to manage a team or group of people effectively
    Information and communication: Communicates appropriately and effectively with a range of people on a variety of subjects in order to inform, educate or influence them. Processes and provides data / information to meet business requirements.
    Client focus: the ability to identify, meet and sometimes exceed the needs and expectations of (external or internal) clients, resulting in (long-term) client satisfaction.
    Agility: the ability to be flexible, responsive, adaptive, and show initiative in times of change, uncertainty and business opportunity.



Apply here:
https://fugro.wd3.myworkdayjobs.com/en-US/Careers/job/Dammam-Saudi-Arabia/Accounts-Receivable-Manager_R0011999

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