Oversee Accounts Receivable Operations: Lead and supervise a team responsible for processing daily collections, bad checks, and monthly analyses of accounts receivable specific to the pharmaceutical industry.
Maintain Data Integrity: Ensure the accuracy of A/R sub-ledgers by reviewing and approving daily transactions, including invoices for pharmaceuticals, considering rebates, discounts, and pricing specific to the healthcare sector.
Credit Management: Monitor credit limits, creditworthiness, and customer types within the healthcare industry to ensure adherence to company sales policies and authorization processes for pharmaceuticals.
Bad Debt Management: Analyze A/R on a monthly basis to determine provisions for bad debts within the pharmaceutical supply chain, impacting the General Ledger.
Collections Management: Prioritize collections efforts by identifying critical debts (largest and oldest) within the healthcare sector and working collaboratively with hospitals, pharmacies, and other providers to resolve delinquent accounts. This may involve direct communication, collection strategies tailored to the healthcare industry, and legal action when necessary.
Reporting and Analysis: Generate monthly reports for the Financial Manager and top management, including aging reports, collection efficiency reports, and sales analysis reports specific to the pharmaceutical market.
Team Leadership: Provide guidance and support to team members, ensuring they perform their duties with accuracy and efficiency within the context of the pharmaceutical industry.
o Education: Bachelor’s degree in Accounting English SectionExperience: 5-7 years of experienceMultinational or Big four audit firm experience is preferable.Familiar to Pharmaceutical Field is a plus.Skills: Strong understanding of accounting principles and practices specific to pharmaceuticalsProven experience in credit and collections management within the healthcare industryFluency in Arabic and English (written and spoken); knowledge of other languages is a plus.Excellent interpersonal, written, and verbal communication skills.Proficiency in MS Office (Word, Excel) and ERP systems (Odoo experience is a plus).Ability to multitask effectively.Demonstrated hard work ethic, strong team player skills, and problem-solving abilities