Manager Accounts Receivable and Cash Management - Dubai Government

Key Accountabilities (Statements that describe the main responsibilities of the job)

Accounts Receivables:

• Oversee the entire Accounts Receivable function managing a team responsible for accurate and timely invoicing collections and application of payments.
• Develop and implement effective credit and collection strategies to optimize cash flow and minimize bad debt risk.
• Collaborate with BU and customer service teams to resolve billing and payment discrepancies and ensure customer satisfaction.
• Monitor and analyze key AR metrics providing regular reports to Finance management on aging reports and other relevant KPIs.
• Implement and enforce credit policies evaluating and approving credit limits for new and existing customers.
• Lead the reconciliation of customer accounts addressing any discrepancies and ensuring accuracy in financial records.
• Establish and maintain strong relationships with key customers resolving issues and negotiating payment terms as needed.
• Work closely within the finance department to ensure seamless integration of AR processes with overall financial operations.
• Participate in formulation and enhancement of ARrelated policies procedures and systems to improve efficiency and compliance.

Cash Management

• Develop and implement strategic investment plans annually enhance policies and formulate operational improvement plans.
• Assist in maintaining effective governance within the treasury function.
• Support technology requirements for Cash management operations.
• Develop and maintain strategic relationships with banks and financial institutions.
• Assist in industry research and evaluate investment opportunities. Assess opportunities for investment particularly in term deposits and formulate cash planning strategies based on historical trends.
• Monitor risk mitigation and profitability optimization.
• Perform indepth analyses of various scenarios and potential risks providing timely and precise financial reports to senior management.
• Conduct a detailed examination of cash flows within entities differentiating net consumers and contributors for refined financial planning strategies.

Others

• Provide guidance and training to the team fostering a highperformance culture and continuous improvement in processes.
• Contribute in achievement of Department objectives by executing / achieving the KPIs assigned by line manager and submit relevant supporting documents during KPIs evaluation.

Qualifications

Education Qualification & Certifications

Required :

Preferred :

Membership in any one of the Professional Accounting bodies CPA CA CIMA ACCA but not mandatory

Min. Exp. Required :

8 years in relevant field of which 3 years in managerial role

Handson experience with accounting software and statistical packages; Group Reporting experience