Financial Operations Manager

21 hours ago


Muscat, Muscat, Oman beBee Careers Full time
Key Performance Indicators for Accounts Receivable Success

The role of an Accounts Receivable Supervisor is pivotal in maintaining the financial health of a hotel. As a key player in this process, you will be responsible for ensuring timely and accurate billing, collections, and reconciliation. This involves overseeing the preparation and delivery of invoices, ensuring supporting documentation is complete and compliant with company policies, and working closely with internal teams to resolve discrepancies.

In addition to these tasks, you will monitor aging reports and follow up on outstanding balances to ensure prompt collections. You will also maintain proactive communication with clients regarding payment terms and overdue accounts, escalating collection issues as necessary and recommending credit holds when appropriate.

Another critical aspect of this role is reconciling accounts receivable ledgers to ensure all payments are accounted for and properly posted. You will prepare monthly AR reports and analysis for management review and ensure that all records are maintained in line with finance procedures and audit standards.

Your leadership skills will be essential in supervising and supporting AR team members, offering guidance and training when needed. You will also liaise with internal departments to resolve billing disputes or clarify account balances, participating in month-end closing activities and assisting in audit preparation.

The ideal candidate for this position will have a strong understanding of accounts receivable processes and credit control. They will possess meticulous attention to detail and high accuracy, excellent written and verbal communication skills, and proficiency in PMS and financial systems. Strong organizational and time management abilities, as well as a positive, collaborative mindset, are also essential.

Key performance indicators for success in this role include sending invoices on time with minimal errors or disputes, actively managing outstanding balances and keeping aging within acceptable limits, maintaining clean and accurate AR records, and supporting internal teams while providing professional service to external clients.

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