Accounts Receivable (AR) - Associates,
- Qatar Airways
- 3 - 8 years
- Ahmedabad
- 9 months ago
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Job Description
Qatar Airways Group continues to expand its global footprint by looking for new ways to support our strategic goals and provide opportunities to develop talent. In line with this vision, we are launching Global Business Services Division in Ahmedabad, India. Our new offices will be located in Prahlad Nagar which is a premium locality popularly known as Corporate Road that houses various business parks and commercial hubs in Ahmedabad.
We are looking forward to attract professionals within the Account Receivable (AR) domain across all Levels (Associate, Supervisor and Officers) to be part of this exciting journey.
AR team is responsible for all activities linked to accounts receivables of the network in line with company policies and internal accounting procedures.
Main Responsibilities:
Credit & Risk Management
- Review and update financial criteria for each market based on risk profiles.
- Build and maintain the internal and external risk matrix incorporating pre-alerts.
- Evaluate credit applications for new/existing customers and provide recommendation.
- Monitor the renewal need and adequate amounts to cover exposure of the financial securities.
Billing
- Ensure timely and accurate billing of all invoices.
Collections
- Work with stakeholders to ensure all outstanding amounts are recovered from customers and strategic business units. Follow up with business on status, legal and commercial actions to manage dues and keep bad debt on a minimum level.
- Prepare and monitor aging statistics on timely basis.
Reconciliation
- Reconcile AR aging against AR Control accounts, check rate of exchange gain or loss, bank charges, credit and commission.
- Ensure monthly adequate provision of default and doubtful debts as per policy.
Compliance & Reporting
- Perform controls as per internal Control Handbook.
- Perform sample checks for set-offs to ensure no FIFO and receipts raised can be traced to bank statements.
- Perform self-audit on all AR processes to identify any non-compliances.
- Prepare or update SOPs to enhance internal controls and support knowledge retention.
- Prepare KPIs, dashboards.
Be part of an extraordinary story
Your skills. Your imagination. Your ambition. Here, there are no boundaries to your potential and the impact you can make. Youll find infinite opportunities to grow and work on the biggest, most rewarding challenges that will build your skills and experience. You have the chance to be a part of our future, and build the life you want while being part of an international community.
Our best is here and still to come. To us, impossible is only a challenge. Join us as we dare to achieve whats never been done before.
Together, everything is possible
Qualifications
- Bachelor degree in Business/Accounting/Finance
- Experience with Accounts Receivable processes in a multinational environment;
- Excellent English language communication;
- User level knowledge of Microsoft Word, Excel;
- ERP knowledge, experience with Oracle/JD Edwards is a plus;
- Experience with Lean/6Sigma is a plus.
Job Classification
Industry: AviationFunctional Area:
Role Category: Accounting & Taxation
Role: Accounting & Taxation
Employement Type: Full time
Education
Under Graduation: B.Com in Any SpecializationContact Details:
Company: Qatar AirwaysLocation(s): Ahmedabad
Keyskills: excel accounts receivable accounting
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Qatar Airways
Qatar Airways is proud to be one of the youngest global airlines to serve all six continents, and thanks to our customers? response to our offerings, we are also the fastest-growing airline in the world. We connect more than 150 destinations on the map every day, with a fleet of the latest-generatio...
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