AR Accountant

Job Purpose

Follow-up to prove all the guarantees issued by the company since their issuance until their cancellation or expiry, especially the commissions associated with them (issue - renewal), as well as in the case of payment, execution or restitution, and to prepare the necessary reports.

ACCOUNTIBILITIES

• Responsible for demonstrating and stating all the issued guarantees from the company starting from its issuance till its cancellation/ expiration, especially the commissions related to the guarantees (issuance – renewal) and also responsible for maintaining records in case of liquidation, and retrievals.
• Receiving and verifying all bank notices with the bank statements sent from A/R senior accountant, as well as receiving checks for commissions, depositing them in the bank for collection.
• Record all commissions in the bank statements and cheques related to the guarantee.
• Calculating the refund amount and recoding them to the guarantee system in addition prepare the journal entries related to refunding commissions (fully and partially) on the ERP Microsoft AX system.
• Receive the guarantees liquidation and write off requests from the A/R senior accountant then record it into the financial guarantee system and the ERP Microsoft AX system.
• Record adjustment entries related to guarantees commissions.
• Record all entries related to portfolio guarantee outstanding and commissions.
• Record all entries related to health care associations guarantee commissions.
• Record all balances adjustment entries related to monthly closing.
• Implementation of the tasks assigned to him commensurate with the nature and duties of the job.

Position Requirements

Educational Requirements: Bachelor of accounting or equivalent.
Required Industry Experience: 1 to 3 years
Technological Requirements: Proficient in Microsoft Office (Excel) and Word
Language Requirements: Arabic - English