Senior Accounts Receivable

Job description / Role

Job Type
Full Time

Job Location
UAE

Nationality
Any Nationality

Salary
Not Specified

Gender
Not Specified

Arabic Fluency

Not Specified

Job Function
Accounting & Audit

Company Industry
Cosmetics & Luxury Goods

(Job Summary):

We are seeking a highly skilled Senior Accountant – Receivables Specialist with a strong background in the manufacturing and retail sector to manage and oversee all aspects of the accounts receivable function. The ideal candidate will ensure accurate billing, efficient collections, timely reconciliations, and effective credit control while maintaining strong relationships with customers. This role plays a critical part in optimizing cash flow and reducing credit risk.

(Job Responsibilities):

Accounts Receivable Management
- Supervise the end-to-end accounts receivable process, including the preparation and issuance of invoices, credit memos, and customer statements.
- Ensure proper documentation of sales transactions in compliance with the company’s policies and accounting standards.
- Monitor daily invoicing and collections for both wholesale and retail channels.

Credit Control & Risk Management
- Assess the creditworthiness of new and existing customers by analyzing financial statements and credit reports.
- Set and periodically review credit limits based on customer payment history and financial health.
- Ensure adherence to company credit policies and minimize bad debts through proactive risk management.

Reconciliation & Reporting
- Perform regular reconciliations of customer accounts, sales transactions, and cash collections.
- Prepare and present monthly aging reports, highlighting key trends, potential risks, and recommended actions.
- Support the finance team during month-end and year-end closing processes by ensuring accurate recognition of revenue and receivables.

Process Improvement & Automation

(Experience & Qualifications):
- Bachelor’s degree in Accounting, Finance, or a related field.
- Minimum of 5-7 years of experience in accounts receivable, preferably within the manufacturing and retail sectors.
- Strong knowledge of revenue recognition principles, credit management, and collections processes.
- Proficiency in ERP systems (e.g., SAP, Oracle, or Microsoft Dynamics) and advanced Microsoft Excel skills.
- Excellent communication and interpersonal skills, with the ability to handle complex negotiations and maintain positive client relationships.
- Strong analytical skills with a high level of attention to detail.
- Professional certification (e.g., CPA, CMA) is a plus.

(Job Requirements):
- In-depth understanding of the order-to-cash cycle in manufacturing and retail environments.
- Strong problem-solving skills and ability to handle high-pressure situations.
- Excellent organizational skills and ability to manage multiple priorities.
- Proactive approach to credit risk management and process improvement.
- High integrity and ethical standards in financial management.

About the Company

Louzan Fashion is a luxury Ladies Abaya and Sheila brand for the contemporary Arabian lady.

Crafted tailoring that is individual and elegant for everyday, formal and special occasions.

A considered collection of fabrics, stitching and finishes are combined together to deliver truly bespoke fashion that blends edgy styles with traditional cuts.

Starting with a single outlet in Al Ain during 2003, Louzan has now added to its name 16 more outlets spread over Al Ain, Abu Dhabi, Dubai, Muscat, Sohar, Salalah, Doha. The supply of innovative modern designs of Abayas and Sheilas are done at the manufacturing arm (88,000 sqft) of the Group in Al Ain Industrial Area. Other than supplying to the retail outlets the Group also exports to countries across the GCC and Egypt. The Group optimistically contributes to the blooming industry of Abaya and Sheila, and special care is being taken to synchronize the highly creative and experienced team to innovate new distinct designs in each and every product.