Senior Accounts Receivable Accountant
Location: Riyadh, Saudi Arabia
About the Role
We are seeking a Senior Accounts Receivable Accountant to manage the full AR cycle, including billing, collections, credit control, cash application, and reconciliations.
The role supports high-volume transactions across manufacturing, bakery, retail, distribution, key accounts, and e-commerce channels, ensuring accurate reporting and compliance with Saudi VAT and ZATCA e-invoicing requirements.
Key Responsibilities
- Manage customer invoicing, credit and debit notes, payment applications, and customer master data.
- Validate invoices against sales orders, delivery notes, purchase orders, returns, and commercial agreements.
- Ensure compliance with Saudi VAT regulations, ZATCA Phase 2 e-invoicing requirements, and internal financial controls.
- Reconcile customer accounts, retail and bakery POS transactions, delivery records, and bank deposits.
- Reconcile e-commerce and marketplace settlements, including commissions, platform fees, refunds, and logistics charges.
- Monitor AR aging, overdue balances, customer credit limits, and payment terms; escalate high-risk accounts.
- Coordinate collections with customers and Sales teams to achieve monthly collection targets.
- Investigate and resolve deductions related to returns, damaged or expired products, promotions, rebates, pricing differences, and shortages.
- Issue Statements of Account and obtain customer balance confirmations.
- Apply customer receipts accurately and resolve unallocated or unidentified payments.
- Complete month-end AR closing and AR-to-General Ledger reconciliations.
- Support Expected Credit Loss calculations, bad debt provisioning, and audit requirements.
- Prepare AR performance reports and contribute to cash flow forecasting and process improvements.
Qualifications & Experience
- Bachelor’s degree in Accounting, Finance, or a related field.
- 3–5 years of relevant experience in Accounts Receivable, Credit Control, or Revenue Accounting within FMCG, food manufacturing, bakery, or retail businesses in Saudi Arabia.
- Experience managing supermarket and hypermarket accounts, distributors, corporate customers, and online marketplaces.
- Hands-on experience with ERP systems such as Odoo, SAP, or Microsoft Dynamics.
- Advanced Microsoft Excel skills and strong reconciliation capabilities.
- Solid understanding of Saudi VAT regulations and ZATCA Phase 2 e-invoicing requirements.
- Business fluency in English; Arabic is strongly preferred.
- Professional certifications such as SOCPA, ACCA, or CMA are an advantage.
Key Skills
- Strong numerical accuracy and attention to detail.
- Confident communication, negotiation, and collection follow-up.
- Ability to resolve complex customer deductions and payment disputes.
- Strong ownership and ability to meet month-end deadlines.
- Ability to manage high transaction volumes across multiple sales channels.
