Account Receivable Senior Associate

The project is for 6 months and will be based in the office

AR senior associate is responsible for handling all Vehicle sales & P&A sales accounts receivables transactions including review and validate AR invoices and customer account statements and documentation to ensure compliance with NMEG accounting policy and accounting standards, as well as keeping proper booking for AR transactions.

Vehicle sales:

• Validate financial release of vehicles in SAP.
• Validate sales transactions under L/Cs in SAP.
• Follow-up with SCM regarding shipments of all sales processed on SAP (Y-serial).
• Print From SAP and distribute invoices to customers.
• Match invoices with receipts in SAP.
• Review all Accounts Receivable transactions.
• Collect and account for dealer withholding tax receipts in SAP
• Confirm sales volume on SAP.
• Perform analytical review of sales amount, discounts, royalty and warranty

Spare parts & other sales:

• Print and distribute invoices to customers.
• Review all sales invoices SAP.
• Match invoices with receipts in SAP.
• Process sales invoices for scrap sales.
• Process sales invoices for sale of fixed assets (including company fleet).
• Collect and account for dealer withholding tax receipts in SAP.

Warranty receivables:

• Review warranty AR invoices received from TCS based on GWS system.
• Prepare aging report and communicate with different sources following up warranty AR collection.
• Match warranty AR invoices with payments from different sources in SAP.

General:

• Reply to queries from dealers.
• Prepare AR aging report.
• Prepare and distribute monthly dealer statements &confirmation.
• Assist in month end closing.
• Assist in mid-year and year end statutory audit.
• Prepare weekly/monthly sales analysis report.
• Daily dealer balances report to Sales, admin.
• Capture invoices by different sources in AR module SAP.
• Collaborate in month end closing by preparing the required analysis and samples for proper preparing for year-end financial statements.
• Co-ordinate with external audit team during both fiscal year-end or mid-year audit.
• Comply to J-SOX requirement and preparation of accounting manual & policies.

Tax Portal review:

• Check the submission of all the invoices both vehicles and spare parts issued day by day.
• Check the validation of the invoices.
• Check at the end of the month with the tax team the number of invoices and make sure that it’s valid on portal system

Requirements

Educational: Background bachelor's degree in accounting /English section

Knowledge: Knowledge of general accounting principles and practices, regulatory Standards and compliance requirements.

Skills: Good communication skills, analytical skills, interpersonal skills SAP system is a must Excellent in Arabic & English language (spoken & written).

Number of years of Experience :1-3 Years