Senior Accountant – Credit Control

Role Overview

Senior Accountant – Credit Control at AD Ports Group. This role ensures strict adherence to customer payment schedules and proactively manages debt collection on assigned portfolios of accounts while facilitating compliance with approved credit policies.

Role Purpose

The Senior Accountant – Credit Control manages debt collection, ensures adherence to credit policies, and supports effective credit control and collection processes to facilitate timely recovery of outstanding receivables.

Key Responsibilities

Collections Management

• Oversee accurate collection of payments for assigned assets.
• Proceed collection process to ensure that outstanding receivables are recovered in a timely manner as per credit terms.
• Coordinate with KF or the sales company team to ensure all payment information is correctly uploaded.
• Update collection and outstanding records weekly to support timely statement closures.

Security Deposits & Reconciliation

• Review and verify the status of security deposit collections.
• Apply collected security deposits in the system against closed statements as required.
• Upon deal closure, record all received payments and reconcile collections to maintain an accurate balance in the Kezad system, ensuring proper handover of PDCs to the new purchasing company.

Reporting & Data Management

• Provide relevant data and reports regarding PDC dates, due amounts, and any returned cheques associated with these assets.
• Prepare ad-hoc reports as and when requested.

Customer Communication & Follow-up

• Send customer statement of account and follow up with customer for overdue payment.
• Follow up with billing/commercial departments for resolving disputed invoices.
• Escalate to management if dues are doubtful to provide bad debts provision.

Qualifications & Experience

• Bachelor's degree or higher in Accounting.
• At least 4 years of experience in Accounting & Finance or Documentation in transportation or related industry.
• Nature of experience includes Finance, Accounts Receivables, and Credit Control.

Skills & Competencies

• Knowledge of ERP systems, preferably Oracle Financials.
• Strong understanding of billing and collection processes.
• Strong communication skills.
• Good analytical and interpersonal skills.
• Ability to work under pressure.
• Teamwork and innovation skills.
• Written and spoken English is required.
• Knowledge of Arabic is an added advantage.