Company DescriptionAs the region\'s leading local tech organization, we\'re proud to say that we have been delivering for millions of people right across MENA for the past 18 years.
We were founded in Kuwait in 2004, and acquired by Delivery Hero (DHER) in 2015. This gives us a unique outlook - local knowledge with global expertise. It also allows us to innovate, create, and bring new technologies for the betterment of the MENA region, such as q-commerce, sustainable packaging, cloud kitchens, autonomous delivery vehicles, robots, and drones.
We deliver across 9 countries with more than 4,500+ employees! Our food delivery business works with over 27,000 brands and almost 50,000 branches.
Our q-commerce concept, talabat mart (121 Stores), now delivers groceries to customers in Bahrain, Iraq, Egypt, Jordan, Kuwait, Oman, Qatar, and the UAE in 30 minutes or less!talabat is part of the Delivery Hero Group, the world\'s leading local delivery platform operating in 70+ countries worldwide Role SummaryAs an Assistant Finance Manager, you will play a pivotal role in ensuring the accuracy and integrity of financial transactions. The ideal candidate will have a strong background in accounting principles, exceptional attention to detail, and ability to thrive in a fast-paced environment.What\'s On Your Plate?Key player in the conversion from current AR system to MSD 365 AR, including documenting, testing and validating data.Responsible for managing the activities of the staff invoicing, issuing credit / debit memos, establishing reserves, etc.; including ERP responsibilities for the AR subledger.Manage day-to-day operations of the AR department; create, implement and maintain policies, procedures and controls, Manage and streamline billing and collection process and cash application functions for the company.Assists in monitoring, tracking and enforcing department policies, procedures and goals while identifying inefficiencies and propose, develop and document new concepts and procedures.Manage the monthly AR close process including reconciliation of AR sub-ledger to GL and preparation of AR month end schedules, revenue reporting and reconciliation to GL and metrics used for internal reporting. Daily review of collection reports to ascertain status of collections and balances outstanding and reduce collection cycle times (DSO) where possible.Audit delinquent accounts considered to be uncollectible to ensure maximum efforts have been taken before assigning bad-debt status to account.Monitor aging balances and recommend write offs.Work closely with Division heads and sales to ensure collection guidelines are adhered to and issues quickly resolved.Works with internal departments and clients to regulate and resolve hold/release sales orders in accordance with internal rules and regulations.Actively monitor and work with internal departments to resolve all outstanding Accounts Receivable claims and chargebacks.Manage information requests during year-end audits and respond to requests for information during internal audits.Document trends and initiate corrective action to ensure maximum cash reimbursement, prompt payment for services rendered and uninterrupted cash flow.Compile data, conduct statistical and analytical studies of billing volume, dollars billed, payments received, bills outstanding, cash and revenue fluctuations, and preparing regular and special reports for review in planning and evaluating department objectives.Strong knowledge of Deferred Revenue and unbilled Accounts Receivable.Work with staff to prioritize work and ensure staff is trained on policy and procedure. Ensure work is accurate and is being processed in a timely manner and in accordance with department policies and procedures. Monitor and evaluate staff performance to ensure duties are properly performed and employees are working towards common business goals. This will include preparation of the annual performance evaluations.Provide constructive feedback and discipline when necessary.Assist staff in researching and handling more complicated transactions and problems.Interface with customer service, sales organizations and senior levels management in communicating and resolving issues.Responsible for review and maintenance of customer database.Keep abreast of current trends and practices in field of expertise.Approves, establishes and maintains credit limits on all new and current customer accounts.Reviews with management credit worthiness decisions on marginal credit approvals and slow paying accounts. Special projects and tasks as directed.What Did We Order?Bachelor\'s Degree in Accounting, Finance or any other related fieldMinimum 10 years of experience.Knowledge of accounting standards and regulations.Proficient in Google Suite tools like GDoc, GSheet, GSlides, GForms etc and can handle high volume spreadsheetsExcellent analytical and problem-solving skills.Strong organizational and time management skillsDetail-oriented with a high level of accuracy.Effective communication and interpersonal skills.Knowledge of Microsoft Dynamics accounting ERP & IFRS standards (MSD 365).Advanced knowledge of Power Query is a must.

Delivery Hero