Job Overview
Al-Futtaim Contracting is seeking a detail-oriented Accounts Receivable Executive in Dubai, UAE, under its Emirati Talent recruitment initiative. The successful candidate will manage accounts receivable activities, prepare and process customer invoices, monitor outstanding balances, coordinate payment collections, and maintain accurate financial records.
This role plays an important part in improving cash flow, ensuring timely customer payments, resolving billing discrepancies, and supporting financial reporting. The Accounts Receivable Executive will work closely with customers and internal operations teams to ensure accurate invoicing, obtain required payment certifications, and follow established credit approval procedures.
Candidates with accounting or finance qualifications, experience in accounts receivable management, and proficiency in accounting software and ERP systems are encouraged to explore this opportunity.
Key Responsibilities
Accounts Receivable and Financial Records
- Calculate, record, enter, and process financial transactions to maintain accurate accounting records.
- Manage day-to-day accounts receivable activities in accordance with established accounting procedures.
- Maintain and update customer accounts to ensure financial information remains accurate and complete.
- Record incoming payments promptly and allocate them to the appropriate customer accounts.
- Review account balances and investigate discrepancies to maintain reliable financial records.
- Handle confidential financial information responsibly and in accordance with company policies.
Customer Invoicing and Billing
- Prepare customer invoices accurately and ensure they are issued within the required timelines.
- Review invoices for completeness, accuracy, and compliance with agreed billing procedures.
- Track invoice submissions and follow up on outstanding billing matters.
- Coordinate with the operations team to confirm billing details and obtain the necessary payment certifications.
- Investigate and resolve invoice disputes and payment discrepancies by communicating with customers and relevant internal teams.
- Ensure customers are billed correctly for the services and work provided.
Payment Collection and Credit Control
- Monitor outstanding receivables and follow up with customers to secure payments within agreed credit terms.
- Maintain accurate records of collection activities, overdue invoices, and outstanding balances.
- Coordinate the collection of advance payments and monitor payment commitments.
- Follow established credit approval processes and escalate payment issues when necessary.
- Work with the operations team to resolve collection barriers and support timely customer payments.
- Contribute to improved cash flow by maintaining consistent follow-up and effective receivables management.
Reporting and Performance Monitoring
- Prepare weekly reports on outstanding debts, collection progress, and accounts receivable performance.
- Share collection plans and relevant financial updates with management.
- Monitor overdue balances and identify potential collection risks.
- Support process improvements that enhance billing accuracy, payment tracking, and collection efficiency.
- Maintain organized documentation to support financial reviews and internal reporting requirements.
Qualifications and Experience
To qualify for Accounts Receivable Executive jobs in Dubai, candidates should have:
- An associate degree or equivalent qualification in Accounting, Finance, or a related field.
- Relevant experience in accounts receivable management and customer collections.
- Practical knowledge of invoicing, payment processing, account reconciliation, and outstanding balance monitoring.
- Experience using accounting software and enterprise resource planning (ERP) systems.
- Familiarity with QuickBooks Online, SAP, Ariba, and M-Files systems.
- A valid driving licence, as specified in the vacancy requirements.
Required Skills and Competencies
The ideal candidate should demonstrate:
- Strong mathematical, numerical, and analytical skills.
- Excellent attention to detail and accuracy in financial data processing.
- Good knowledge of accounts receivable procedures and payment collection practices.
- Proficiency in accounting software and financial reporting tools.
- Strong time management and organizational skills.
- Effective communication and customer follow-up abilities.
- Problem-solving skills for investigating billing and payment discrepancies.
- A commitment to confidentiality and professional handling of financial information.
- The ability to identify opportunities for process improvement and operational efficiency.
About Al-Futtaim Real Estate and Al-Futtaim Contracting
Al-Futtaim Real Estate is part of the Al-Futtaim Group and has more than six decades of experience in real estate development and asset management. The company manages a diversified portfolio covering residential and commercial properties, shopping malls, hospitality, healthcare, infrastructure, and education.
Job Title: Accounts Receivable Executive
Company: Al-Futtaim Contracting
Business Division: Al-Futtaim Real Estate
Job Location: Dubai, UAE
Recruitment Category: Emirati Talent
Industry: Construction, Engineering, and Real Estate
Education: Associate degree or equivalent in Accounting or Finance
Experience: Relevant accounts receivable management experience
Key Skills: Customer invoicing, payment collection, credit control, financial reporting, and ERP systems
Required Systems: QuickBooks Online, Ariba, SAP, and M-Files
Driving Licence: Required