Accounts Receivables (AR) Accountant

Role Overview

Accounts Receivable (AR) Accountant at BRKZ, Saudi Arabia. BRKZ is a construction-tech startup backed by top regional and global venture capitalists.

Company Overview

BRKZ is Saudi Arabia's fastest-growing construction-tech startup. The company operates a web platform, mobile apps, and WhatsApp channels that give contractors instant access to 7,000+ building-material SKUs from 1,100+ vetted suppliers, with quotes in minutes and buy-now-pay-later financing. Within two years, BRKZ has onboarded 850+ contracting companies, supported major projects including NEOM and King Salman Park, and scaled RFQs to $350 million while maintaining positive unit economics.

Role Purpose

The AR Accountant manages and oversees the full cycle of accounts receivable activities, ensuring accurate customer billing, timely collection of receivables, and proper transaction recording. The role requires strong analytical skills, attention to detail, and a solid understanding of AR processes and accounting principles. The AR Accountant collaborates with cross-functional teams and is key in maintaining healthy cash flow and financial accuracy.

Key Responsibilities

Accounts Receivable Management

• Oversee day-to-day AR operations, including invoicing, collections, and customer account maintenance.
• Monitor customer accounts to ensure timely payment and resolve outstanding balances.
• Review and ensure proper posting and coding of AR transactions in line with company policies and accounting standards.
• Maintain the AR ledger and ensure accurate aging analysis.
• Record customer payments and apply them accurately against open invoices.
• Reconcile accounts receivable transactions and ensure proper documentation.
• Monitor customer accounts for non-payments, delayed payments, and other irregularities.

Month-End and Year-End Closing

• Lead the AR portion of month-end and year-end closing activities.
• Prepare and review AR journal entries, accruals, adjustments, and account reconciliations.
• Prepare and review monthly ECL provisions.
• Assist with the preparation of AR-related financial reports and supporting documentation.

Customer Account Reconciliation and Reporting

• Perform regular reconciliations of customer accounts and resolve discrepancies promptly.
• Generate and analyze AR aging reports, highlighting risks and recommending collection strategies.
• Support internal and external audits by providing required AR documentation and responses.

Compliance and Controls

• Ensure AR activities comply with company policies, IFRS standards, and regulatory requirements.
• Maintain and enforce effective internal controls over billing and collections processes.
• Assist in the implementation and documentation of AR policies and procedures.

Cash Flow Monitoring and Forecasting

• Monitor incoming payments and contribute to cash flow forecasting.
• Provide input on expected cash collections and overdue balances to support treasury functions.
• Collaborate with finance and sales departments to ensure accurate projections and collection targets.

Collaboration and Communication

• Work closely with Sales, Procurement, Operations, and other internal teams to resolve billing issues and improve AR processes.
• Act as a point of contact for escalated AR matters and key customer accounts.
• Provide guidance and mentorship to junior AR and accounting staff.

Process Improvement and System Enhancements

• Identify opportunities for improving AR processes and operational efficiency.
• Support the implementation and optimization of AR automation tools or ERP system enhancements.

Qualifications and Experience

• Bachelor's degree in Accounting, Finance, or a related field.
• 2 to 4 years of experience in accounts receivable, billing, or a related accounting role.
• SOCPA certification is required.
• Strong knowledge of AR processes, revenue recognition, and internal controls.
• Experience with VAT return (preferred).
• Knowledge of credit management, tax compliance, and regulatory reporting (preferred).

Skills and Competencies

• Advanced Excel skills.
• Proficiency in accounting systems including ZOHO Books or similar software.
• Excellent analytical, organizational, and problem-solving abilities.
• Strong communication and interpersonal skills.
• Ability to work independently and manage multiple priorities under tight deadlines.

Additional Information

• Great opportunity to be part of a startup with high responsibility and independence early on, with meaningful impact on the entire business.
• Ideas are valued; input on better ways to operate is encouraged.
• Exciting stock options and premium health insurance.
• Attractive compensation package.
• Product-first mindset.
• Certain positions' eventual grading may be subject to interview performance, allowing great talent to shine regardless of years of experience and maintaining a fair process based on impact delivered in the organization.