Senior AR Accountant

Bayut is the number one property portal in the Kingdom, connecting millions of users across the country. We are committed to delivering the best online search experience. As part of Dubizzle Group, Bayut is alongside some of the strongest classifieds brands in the market. With a collective strength of 10 brands, we have more than 200 million monthly users that trust in our dedication to providing them with the best platform for their needs.As a Senior AR Accountant, you will be responsible for managing the full accounts receivable cycle, including accurate billing, timely revenue recognition, efficient collections, and account reconciliation. You will ensure compliance with accounting standards and company policies while supporting financial reporting, audit requirements, and cash flow management.RequirementsInvoicing and Revenue RecognitionPrepare and issue customer invoices accurately and on time in accordance with company policies and contract termsReview sales orders, delivery notes, and service agreements to verify billing detailsCoordinate with internal teams to resolve discrepancies or missing documentationEnsure revenue recognition aligns with IFRS and company accounting standardsCollections and Customer Account ManagementMonitor AR ageing reports and follow up on overdue accountsImplement effective collection follow-ups to minimise outstanding balancesEscalate long-overdue accounts when necessary and support related documentation for collection actionsMaintain positive relationships with clients while ensuring adherence to payment termsReconciliation and ReportingPerform regular reconciliation of customer accounts to ensure accuracy and completenessPrepare monthly AR ageing reports and other related analyses for managementReview unapplied payments and credit balances to ensure proper allocationsInternal Controls and ComplianceEnsure compliance with internal policies and credit control proceduresSupport audit requirements and address AR-related findingsIdentify potential risks in the AR process and recommend solutionsAssist in developing and maintaining AR Standard Operating Procedures (SOPs)Cross-Functional CoordinationWork closely with Sales, Customer Service, and Operations teams to resolve billing and payment issuesCoordinate with the Treasury team to support accurate cash flow forecastingSupport ERP system enhancements and automation related to AR processesQualifications Bachelor's degree in accounting, Finance, or a related field.ExperienceMinimum 6-8 years of experience in Accounts Receivable, preferably within the real estate or a similar industry.KnowledgeStrong understanding of accounting principles and IFRS standardsKnowledge of VAT, WHT, and related tax implications for receivablesFamiliarity with local and international financial regulationsProficiency in accounting software and ERP systemsAdvanced Microsoft Excel skills (formulas, pivot tables, analysis)SkillsStrong analytical and problem-solving abilitiesExcellent communication and time management skillsStrong organisational and multitasking abilitiesTraitsHigh attention to detail and accuracyProactive, reliable, and results-orientedCollaborative and professional in team environmentsBenefitsHigh-performing and fast-paced work environmentComprehensive Health InsuranceRewards and recognitionLearning & DevelopmentBayut is an equal-opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.#KSABayut