We are looking for a detail-oriented and experienced Accounts Receivable (AR) Accountant to join our finance team. The ideal candidate should have a solid accounting background with experience in receivables management, preferably within the real estate industry, and strong knowledge of IFRS and VAT regulations.
Key Responsibilities
- Manage and monitor accounts receivable transactions to ensure timely and accurate invoicing and collections.
- Prepare and issue invoices to clients and follow up on outstanding payments.
- Ensure apply all requirement from REGA for Off Plan Sales and Real Estate Escrow Account
- Reconcile customer accounts and investigate discrepancies.
- Maintain accurate records of receivables and ensure proper documentation.
- Monitor aging reports and coordinate with internal teams to improve collection performance.
- Coordinate between operations & projects management teams to ensure claim the project progress installments.
- Ensure compliance with International Financial Reporting Standards (IFRS) and VAT regulations.
- Support internal and external audits by providing required documentation.
- Support and manage the relation with Real Estate Investment Traded Funds (REITs) & REGA “Wafi” and Banks and ensure its required projects instructions are met.
Requirements
- Bachelor’s degree in accounting.
- Minimum 1-3 years of experience in accounts receivable roles.
- Real estate industry experience is highly preferred.
- Good knowledge of VAT regulations in Saudi Arabia.
- Strong proficiency in Microsoft Excel
- Strong analytical, organizational, and communication skills.