Job Purpose:

To manage and oversee the accounts receivable function by ensuring timely invoicing, accurate tracking of customer payments, and effective follow-up for collections in line with the company’s financial policies and UAE regulations.

Key Responsibilities:

1. Invoicing & Billing:
• Generate accurate and timely invoices for property sales, rentals, and service charges.
• Ensure all invoicing complies with contracts, payment schedules, and VAT requirements.

• Receivables Management:
• Monitor outstanding balances and aging reports.
• Follow up with customers and brokers for timely payments.
• Reconcile receivables ledger and resolve discrepancies or short payments.
• Collection Follow-ups:
• Coordinate with sales, legal, and broker relations teams for collection efforts.
• Send payment reminders, dunning letters, and escalations where required.
• Bank Reconciliations & Posting:
• Record receipts against invoices accurately in ERP/finance systems.
• Reconcile customer payments and update customer statements.
• Reporting:

1. Prepare weekly/monthly AR aging reports.
2. Assist in cash flow forecasting related to receivables.
3. Highlight potential defaults or delays to management.

• Compliance & Documentation:

1. Maintain accurate documentation for all AR transactions.
2. Ensure compliance with UAE VAT laws and real estate regulations.
3. Support audit processes by providing necessary AR documentation.