Sigma Enterprises Company LLC, part of Mazrui Energy is looking for a dynamic AR & Collections Team Leader to take full ownership of Accounts Receivable and Collections , ensuring timely collection of customer balances, achievement of DSO and cash collection targets, accurate AR reporting, proactive resolution of disputes and deductions, and proper control over credit notes, write-offs, LDs and other outstanding receivable matters. The role works closely with Finance, Sales, Business Unit teams, customers and principals to improve cash conversion and minimise overdue and potentially unrecoverable balances.
Sigma Enterprises Company LLC, is one of the market leading regional partners to the energy industry. Together with our OEM partners and joint ventures we provide technical excellence and global expertise across the Middle East with the high in-country value.
Websites:
https://mazruienergy.com/ (Oil & Gas)
https://www.mazruiinternational.ae/ (Main Holding Group)
https://sigmaoilfield.ae/ (Sigma Enterprises-SOF)
Job Location : Abu Dhabi, UAE
Key Responsibilities:
AR & Collections Management
- Manage the complete customer receivables portfolio
- Review customer-wise AR ageing and priorities overdue balances
- Conduct regular customer follow-ups for outstanding payments
- Achieve the approved DSO targets for SOF and SSI
Collection Forecasting & Cash Flow
- Prepare monthly AR collection forecasts and expected cash receipts by the 5th working day after GL close
- Maintain a customer-level collection plan
- Support cash flow planning through reliable collection forecasts
Customer Account Reconciliation
- Perform regular customer account reconciliations
- Resolve unidentified receipts, short payments and allocation issues
- Complete AR clearing activities as part of month-end close
Disputes, LDs & Customer Deductions
- Maintain a complete register of Liquidated Damages (LDs), deductions, offsets and back-charges
- Investigate deductions with the relevant BU/Commercial team
- Determine the appropriate action: recovery, back-charge, offset, acceptance or write-off
Write-offs, Write-backs & Provisions
- Review aged and potentially unrecoverable balances
- Coordinate proposed write-offs and write-backs with Finance and Business Units
- Maintain complete supporting documentation and approval trails
- Highlight balances where documentation or commercial support is incomplete
ADNOC & Key Accounts
- Manage collection status across relevant ADNOC accounts and entities
- Follow up open invoices, overdue balances, disputes and deductions
- Coordinate resolution of portal and invoice-submission issues
- Coordinate with Commercial, Operations and Finance teams when intervention is required
Back-to-Back & Principal Transactions
- Understand and manage AR implications of SOF/SSI back-to-back arrangements
- Track invoices, collections, deductions, LDs, offsets and back-charges
- Coordinate required supporting documentation and approvals
Customer Portals & Invoice Submission
- Maintain oversight of customer portals used for invoice submission and follow-up
- Monitor rejected or pending invoice submissions
- Coordinate resolution of portal issues with internal and customer teams
Customer & Business Unit Engagement
- Conduct regular collection meetings/calls with customers
- Maintain effective relationships with customer AP/Finance teams
- Escalate collection barriers requiring management or commercial intervention
Credit & AR Control
- Review customer credit limits and credit terms
- Identify duplicate or incorrect customer accounts and support master-data cleanup
- Monitor credit notes, debit notes, customer advances and unallocated receipts
- Ensure outstanding adjustments do not delay AR clearance
Reporting & Month-End
- Prepare AR ageing, collection and DSO reports with analysis
- Provide monthly collection forecasts
- Maintain provision and write-off schedules
- Complete month-end AR clearing and reconciliation activities
Minimum Requirement
Qualification
- Bachelor's degree in Accounting, Finance or Business Administration
Skills & Knowledge
- AR & collections management, DSO and overdue reduction
- Cash collection forecasting and payment planning
- Customer negotiation and relationship management
- Account reconciliation, AR clearing and dispute resolution
- LDs, deductions, back-charges, offsets, credit control and write-offs
- Advanced Excel and strong ERP/accounting system skills
- Month-end AR closing, ageing and management reporting
- ADNOC accounts and customer invoice portals
- Back-to-back / principal transaction accounting
- Power BI exposure
Experience
- 5+ years AR/Collections experience (B2B, industrial, oil & gas or project-based)
- Managing large customer accounts and overdue balances
- UAE experience with major corporate and ADNOC-related customers
If this sounds like you, we would like to hear from you, please apply to this job with your updated CV.
