Manager Accounts Receivable and Cash Management - Dubai Government
Posted on :
09-07-2024
Employer Active
1 Vacancy
The job posting is outdated and position may be filled
Job Alert
You will be updated with latest job alerts via emailValid email field required
Send jobs
Share
Send me jobs like this
Job Alert
You will be updated with latest job alerts via emailValid email field required
Send jobs
Job Description
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 :
Bachelors Degree in Accounting Finance Economics or relevant field
Preferred :
Membership in any one of the Professional Accounting bodies CPA CA CIMA ACCA but not mandatory
Masters Degree preferable specialized in accounting finance or relevant field
Experience Required
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
More jobs on
Employment Type
Full Time
Key Skills
Report This Job
Disclaimer: Drjobs.ae is only a platform that connects job seekers and employers. Applicants are advised to conduct their own independent research into the credentials of the prospective employer.We always make certain that our clients do not endorse any request for money payments, thus we advise against sharing any personal or bank-related information with any third party. If you suspect fraud or malpractice, please contact us via contact us page.
