Commercial Accountant
4 weeks ago
We are currently hiring for a Commercial Accountant for Dammam location with the roles and responsibilities as below:
- **Roles & Responsibilities**:
- Prepares, posts, verifies, and records customer payments and transactions related to accounts receivable.
- Approving sales orders based on customer credit limit and collection.
- Maintains and updates customer files, including name or address changes, mergers, or mailing attentions.
- Drafts correspondence for standard past-due accounts and collections, identifies delinquent accounts by reviewing files, and contacts delinquent account holders to request payment.
- Creates reports regarding the status of customer accounts as requested.
- Prepare accounts receivable aging reports on weekly basis.
- Research customer discrepancies and past-due amounts with the assistance of the Collections Manager and other staff.
- Reconcile accounts receivable on a periodic basis.
- Assists in generating monthly billing statements based on the general ledger.
- Reconciling revenue accounts each month.
- Copies, files, and retrieves materials for accounts receivable as needed.
- Processes Letters of Credit or Letter of Guarantees and their respective amendments.
- Responsibility for the examination, advising, acceptance, amendments and of documentary Letters of Credit, Standby Letters of Credit, Guarantees and Collections.
- Ensure that documents, standby credit, guarantee, amendment conforms to the requirements of the Bank.
- Responsible for reconciling bank accounts against the General Ledger monthly
- Performs other related duties as assigned.
Application Question(s):
- Do you have working experience with a trading Company?
- Do you have experience to processes Letters of Credit or Letter of Guarantees with a Trading Company?
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