Accounts Receivable Specialist

14 hours ago


Kuwait City, Al Asimah SLB Full time

We are looking for a skilled Accounts Receivable Specialist to join our team at SLB. The successful candidate will be responsible for managing and collecting on a trade accounts receivable portfolio, with the purpose of maximizing liquidity and free cash flow.

Responsibilities:
  1. AR Management: Manage and collect on a trade accounts receivable portfolio, ensuring timely collection and minimizing bad debts.
  2. Process Optimization: Analyze and optimize the customer order to cash process, identifying areas for improvement and implementing changes to increase efficiency.
  3. Dispute Resolution: Resolve invoice disputes in a timely and professional manner, working closely with customers and internal stakeholders.
  4. Record Keeping: Maintain accurate and up-to-date records of all AR-related activities, including notes, communications, and transactions.
  5. Action Items: Assign and track action items related to AR disputes, ensuring timely resolution and minimal impact on cash flow.
  6. Delinquent Accounts: Identify and address delinquent accounts, working closely with the Credit Manager, Sales, and Operations teams to prevent reoccurrence.
  7. Customer Relations: Develop and maintain strong relationships with customer AP departments, ensuring effective communication and resolution of AR-related issues.
  8. Collaboration: Collaborate with internal stakeholders to support collections, cash application, and dispute resolution, ensuring seamless coordination and minimal disruption to business operations.
  9. Uncollectible Debts: Recommend uncollectible debit balances for expense write-off, working closely with the Controller and Financial Analyst to clear balances from the AR portfolio.
  10. Research and Refunds: Research portfolios for duplicate and over-payments, submitting refund requests to the Collections Manager as needed.
  11. Escheatment Policy: Ensure adherence to the Company's escheatment policy, reviewing aged credit balances to prevent escheatment and minimize losses.

A degree in a relevant field and excellent communication skills are essential for this role.



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