Summary
Boutique Group is hiring for an Accounts Receivable role in Riyadh, Saudi Arabia. The role oversees receivables transactions, customer accounts, invoicing, payment reconciliation, overdue balance follow-up, and monthly reporting, while supporting audits and resolving billing discrepancies. Applicants should have a degree in Accounting, Finance, Business Administration, or a related field, at least three years of similar experience, and hospitality industry experience. Proficiency in English, computer skills, and the Opera PMS AR Module is required; Arabic and prior experience in Saudi Arabia are desirable.
The posting
As published on boutiquegroup.com. Pulled from the employer's site and shown as they wrote it.
THE POSITION
To control and monitor accounts receivable processes, ensuring accurate and timely invoicing to credit-approved guests, proper posting to accounts receivable, and supporting the Credit Manager in maintaining accurate aging and effective collection.
FINANCIAL ACCOUNTABILITY
Enter details of any financial responsibility here, including:
• Responsible for the accurate and timely posting of all accounts receivable transactions, including guest ledger transfers, city ledger invoices, and adjustments, in accordance with company policies and internal controls.
• Maintain accurate customer subledger accounts, ensuring all charges, payments, and credits are properly recorded and supported by documentation.
• Review and reconcile the Accounts Receivable Aging Report regularly, following up on overdue balances and ensuring timely collection of outstanding amounts.
• Ensure compliance with credit policies, billing procedures, and audit requirements to safeguard the company’s receivables and cash flow.
KEY RESPONSIBILTIES
• Supervise and control the Accounts Receivable section to ensure accurate, timely, and complete recording of all receivable transactions.
• Review daily city ledger transfers from the Front Office and ensure all postings are supported by proper documentation.
• Prepare and issue invoices to corporate clients, travel agents, and other business partners in accordance with company billing policies and contract terms.
• Reconcile and verify all payments received through bank transfers, credit cards, and other payment methods, ensuring proper allocation to customer accounts.
• Monitor the Accounts Receivable Aging Report regularly, follow up on overdue balances for timely collection.
• Review credit applications, ensure compliance with approved credit policies, and assist in maintaining updated customer credit files.
• Post and reconcile receipts, credit notes, and adjustments in the accounting system.
• Investigate and resolve billing discrepancies, charge disputes, or short payments in coordination with concerned departments.
• Prepare monthly AR reports, including aging analysis, doubtful accounts provision, and collection performance.
• Assist during internal and external audits by providing required documentation, confirmations, and reconciliations.
• Embrace and practice the company’s legacy values and competencies in all, team, and stakeholder interactions, acting as a role model for the desired culture and behaviors.
Qualifications
• Graduate with a (degree in Accounting, Finance, BA or equivalents)
• Experience working in similar role for 3 years or more.
• Experience in hospitality industry.
• Proficient in English communication and computer skills particularly MS applications.
Experience
Experience working in similar role for 3 years or more
• Proficient in spoken and written English
• Expert in Opera PMS AR Module.
Desirable
• Arabic speaking and reading
• Prior working experience in KSA
• Experience working in a multicultural environment
Skills & Competencies
• Communicates effectively with suppliers, procurement, and department heads.
• Works collaboratively within the finance team to support smooth operations.
• Maintains confidentiality and integrity in handling financial information.
• Commitment to continuous learning (e.g., updates in VAT, IFRS, or internal systems).