econstruct - Account Receivable Specialist (Construction – UAE)

Dubai8mo ago

In Office Senior EMEA Insurance Payments Accounts Payable Specialist SAP Oracle Excel Accounts Receivable Documentation

Requirements

• 5–10 years of experience in Accounts Receivable, with mandatory experience in construction or contracting companies in the UAE. • Strong familiarity with FIDIC, construction contracts, and billing cycles. • Proven track record in dealing with consultants, developers, and main contractors in the UAE. • Bachelor’s degree in accounting, Finance, or related field. • Professional certifications (CPA, CMA) are a plus. • Excellent knowledge of AR processes, reconciliations, and project accounting. • Strong communication and client-handling skills. • High attention to detail, strong follow-up behavior, and persistence. • Proficiency in accounting systems (ERP, Oracle, SAP, or similar). • Strong Excel skills (pivot tables, lookups, reconciliation sheets).

Responsibilities

• Billing & Invoicing • Prepare, review, and submit progress invoices, milestone billings, and final accounts in line with contract terms. • Ensure all invoice submissions meet client requirements (SOA, WIP, insurance, delivery notes, PO, completion certificates). • Coordinate with project managers and QS teams to validate quantities, variations, and claims before invoicing. • Collections & Follow-Up • Monitor aging reports and follow up proactively with clients, consultants, and main contractors for payment approvals and collections. • Resolve payment delays, discrepancies, and disputes professionally and promptly. • Track retention and follow up on release of retention amounts upon project completion and DLP closure. • Documentation & Compliance • Maintain accurate AR records, contracts, and project billing files in compliance with company policies and audit requirements. • Ensure proper documentation for VAT compliance and work with auditors during financial reviews. • Manage e-billing portals and client online submission systems. • Coordination & Reporting • Work closely with Project, QS, Commercial, and Finance teams to ensure revenue accuracy and proper monthly closing. • Provide weekly updates on AR aging, collections status, forecasted cash inflows, and critical overdue accounts. • Support management in cash-flow planning by projecting expected receipts.