Join a leading Saudi holding company driving large-scale EPC telecom infrastructure projects across the Kingdom.
The Receivable Section Head will lead and oversee the accounts receivable function, ensuring accurate and timely collection of outstanding receivables, effective credit control, and proper financial reporting. responsible for managing the receivables cycle, monitoring customer accounts, driving collection performance, and ensuring compliance with the company’s financial policies and procedures.
Key Accountabilities:
- Lead and supervise the Accounts Receivable team, ensuring efficient day-to-day operations.
- Oversee the complete accounts receivable cycle, including invoicing, collections, reconciliations, and account follow-up.
- Monitor outstanding receivables and aging reports, identifying overdue accounts and taking appropriate corrective actions.
- Develop and implement effective collection strategies to improve cash flow and reduce outstanding balances.
- Follow up with customers and internal stakeholders regarding outstanding invoices, disputes, deductions, and payment delays.
- Ensure accurate and timely customer account reconciliations and resolve discrepancies.
- Review and approve receivable transactions in accordance with company policies and authorization limits.
- Prepare regular AR reports, collection forecasts, aging analysis, and performance reports for management.
- Coordinate with Sales, Operations, Legal, and Finance teams to resolve customer-related financial issues.
- Monitor customer credit limits and payment terms and highlight potential credit risks to management.
- Ensure proper documentation and accounting treatment of receivables, provisions, write-offs, and doubtful debts.
- Support month-end and year-end closing activities related to accounts receivable.
- Ensure compliance with applicable accounting standards, internal controls, and company policies.
- Identify opportunities to improve AR processes, systems, controls, and collection efficiency.
- Coach and develop team members and monitor their performance against agreed KPIs.
Knowledge, Skills, and Experience:
- Bachelor’s degree in Accounting, Finance, or a related field.
- 6–8+ years of relevant experience in Accounts Receivable, Credit Control, or Collections, with proven supervisory/leadership experience.
- Strong experience in AR operations, collections, reconciliations, aging analysis, and credit control.
- Experience managing a team and coordinating with multiple internal and external stakeholders.
- Strong understanding of accounting principles and financial controls.
- Excellent analytical and problem-solving skills.
- Strong communication, negotiation, and follow-up skills.
- Good command of Microsoft Excel and financial/accounting systems.
- Experience with ERP systems such as SAP, Oracle, Odoo, or similar systems is preferred.
- Strong attention to detail and ability to work under deadlines.
