Finance Executive, Accounts Receivable

( 16281 )

Rare Finds is a diverse collection of resorts celebrating the individuality and unique identity of a destination, with a distinct ability to captivate the imagination, and bring to the forefront the essence of a place.

Authentic and captivating, Bab Al Shams Desert Resort is a truly magical destination, where expertly curated itineraries and bespoke entertainment are the beating heart of our legendary desert-based destination. Part of our unique Rare Finds collection, the essence of Bab Al Shams joins our guests together to discover the most soulful experiences and humbling journeys, set against Dubai’s endless dunes and rich culture.

About The Role

An Accounts Receivable (AR) is responsible for managing and overseeing the collection of outstanding payments from customers and ensuring that all financial transactions related to accounts receivable are accurately recorded and processed. The role involves maintaining accurate records, preparing invoices, and following up on overdue accounts to ensure timely payment.

To ensure compliance with the Hotel credit policy and fast realization of the accounts receivable along with maintaining the Company Standards regarding aging reports.

Key Duties And Responsibilities

• Have adequate knowledge of al Kerzner SOPs (Standard operating procedures) LSOP and all related Kerzner Global policies related to the credit department and the accounting department in general.
• Approve the issuance of credit as required by the Hotel credit policy daily.
• Maintain supportive roles with other departments.
• Audit compliance to credit policy and LSOP by other departments.
• Verify daily City Ledger with proper backups
• Follow up on all outstanding accounts maintain proper follow-up documents and maintain a history log.
• Perform Credit Card reconciliation with PMS & Bank Statement using the reconciliation tool Onex
• Inform top management of current and potential credit problems.
• Schedule a monthly credit meeting with the operation department
• Prepare & make provisions for Bad debts at the end of the month.
• Prepare and issue invoices to clients in a timely and accurate manner, ensuring all necessary details are included.
• Record incoming payments, applying payments to appropriate customer accounts.
• Reconcile AR accounts regularly to ensure accuracy, including reviewing aging reports and investigating discrepancies.
• Follow up with customers regarding overdue payments and coordinate with sales teams or management for escalated issues.
• Generate regular reports on the status of accounts receivable, and aging.
• Maintain accurate and up-to-date customer records, including payment histories and credit limits.
• Communicate with customers to resolve payment disputes or questions and maintain positive relationships.
• Ensure compliance with company policies and accounting standards in handling AR processes.
• Work closely with other departments, such as Sales and Customer Service, to resolve billing issues and improve the receivables process.
  
  

Experience & Educational Requirements

• Financial Management Diploma/ Bachelor Of Commerce or its equivalent
• Two to three years of related financial/office experience in the same role.
• Good knowledge of Opera Cloud
• Computer competency requiring word-processing, spreadsheet and database software knowledge and experience.
• People management experience
• Strong orientation towards customer service
• Highly organized and proactive and be able to meet deadlines in a fast-paced environment
• Presentation skills
• Initiative and Commitment to Achieve
• Effective Communication
• Attention to detail
• Problem solving and decision making
• Leadership skills
• Customer focused
• Teamwork
• Interpersonal skills
• Strategic Thinking
  
  

Join a team that is warm,caring, connected and empowered to create truly unique experiences. We believe in making our guests happy beyond anything they have ever imagined. We wow them at every turn and create memories that will last a lifetime. You will be at the heart of this vision, to constantly innovate to deliver Amazing Experiences and Everlasting Memories.