Date Posted : 2022-05-19-07 : 00
Country : Kuwait
KWT01 : Al Tijaria Tower, 10th Floor, Al Soor Street, Mirqab
The role holder is responsible for executing the various activities pertaining to general ledger, accounts payable, accounts receivable activities for Otis - Entity.
The role holder is responsible for maintaining the entry of payments, vetting and clearing invoices and preparing aging reports on pending dues.
The role holder shall carry out his duties in accordance with the stipulated business policies and procedures.
Provides management information and insights on all dimensions of work area performance to facilitate discussion and decision making, both on a periodic basis and for ad-hoc management requests.
Follows all relevant departmental policies, processes, standard operating procedures and instructions so that work is carried out in a controlled and consistent manner.
Receives invoices and performs invoice matching and reconciling with delivery notes against invoices and purchase order.
Follows up on pending dues with concerned stakeholder to ensure timely collection within the defined SLA’s.
Receives payments and receipts, record them and performs matching and remittance.
Review terms of the contract to collect all the information about the customer to answer all customers questions.
Listen to the customers story and determine if debt can be collected or transfer it to the legal team.
Arrange for debt payment or establish repayment schedules, based on customers financial situation.
Collect payments on past due bills.
Notify the customer in different ways by telephone, email, or personal visit .
Attempt to collect the payment.
Set up repayment plans and new terms.
Print reports for the management.
Utilize computer systems to handle skip tracing.
Defines performance goals at the start of the year in discussion with the reporting manager and ensures that the goals are achieved during the course of the year.
Identifies the training and development requirements for self and agrees on them with the reporting manager to ensure that the required trainings are arranged and attended.
Strives to achieve the highest levels of proficiency on all the competencies and skills required to perform the role.
Keeps abreast of professional developments, new techniques and current issues through continued education and professional growth.
Bachelor’s degree in Finance / Accounting or equivalent
Years of Experience
Minimum of 5-8 years of relevant experience in financial accounting functions (Receivables) and Collections
Fluent written and spoken English essential, Arabic preferred
Otis is An Equal Opportunity / Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age or any other federally protected class.
Click on this link to read the Policy and Terms