AP

§ Act as a single point of contact with Brand in terms of financial activities such as payment, LC, payment terms etc

§ Coordinate with the suppliers to ensure that all products are delivered, and the payment is processed within due dates

§ Maintain receivables records (advance/ RTV/ damages) and follow up with suppliers/Brands to clear advance payment monthly

§ Provide FSS/Buyers on a weekly basis with information regarding pending payments.

§ Coordinate with Buyers and Brand to finalize the LC values and expiry date to facilitate LC issuance and renewal

§ Provide Finance department with the relevant information required for drafting Letters of Credit and submit for supplier approval

§ Resolve/Monitor supplier damages and liaise with the suppliers in case of any variance/damage to prompt immediate corrective action

§ Manage the process of creating vendor profiles

§ Monitor and oversee the collection of RTV receivables, including liaising with suppliers to obtain credit notes. Generate weekly aging report and present it to senior management for review

§ Review the status of outstanding invoices and collaborate with relevant internal parties to address any pending concerns

§ Prepare various MIS reports/dashboards

AR

o Track the receivables of Beauty Distribution in the UAE and KSA regions

o Follow up with customers regarding any overdue invoices related to distribution

o Ensure that all receipt entries are reviewed promptly

o Validate the SOA reconciliation prior to sharing with the customers

o Review the sales orders and collaborate with the Buying and Planning department to address any errors

o Prepare Sales order reconciliation

o Handle customer inquiries

o Please review and approve the process for creating customer accounts

o Review customer accounts on a weekly basis to ensure that their credit limits are in line with our agreement

o Manage internal and external Audit

o Verify the JV customer's statement of account for the UAE and Kuwait

o Review the invoices before sharing them with the JV team

o Prepare the aging report and pursue overdue payments by contacting customers