Accounts Receivable Senior Specialist

About HALA

HALA is a prominent fintech company in the MENAP region committed to transforming financial services and establishing the future bank for SMEs. It empowers small and medium-sized enterprises by delivering innovative financial and technological solutions. Established in 2017 and licensed by the Saudi Arabian Central Bank, HALA operates across the UAE, Saudi Arabia, and Egypt through multiple entities including HALA Payments and HALA Logistics, facilitating merchants in digitizing payments and managing sales and operations.

Key Responsibilities

• Oversee the Accounts Receivable portfolio ensuring prompt and accurate revenue collection.
• Examine daily collection transactions to confirm accurate recording in company accounts.
• Investigate discrepancies such as payment mismatches, unapplied or duplicate receipts, and short payments.
• Process daily collections efficiently.
• Collaborate closely with Finance and Operations teams to resolve collection-related issues.
• Conduct regular account reconciliations and monitor outstanding reconciling items.
• Generate Accounts Receivable aging reports and track overdue balances.
• Support month-end and year-end closing processes by verifying receivable balances are accurate and complete.
• Contribute to enhancing Accounts Receivable procedures, controls, and overall operational efficiency.
• Maintain precise financial records and relevant documentation to facilitate audits.
• Adhere to internal controls, accounting principles, and company policies.
• Prepare regular performance reports and dashboards showcasing collection metrics and outstanding balances for management review.

Qualifications and Experience

• Bachelor’s degree in Finance, Accounting, Business Administration, or a related discipline.
• Professional accounting certifications are a plus.
• Over five years of experience in Accounts Receivable, Finance or Collections Operations, or Accounting.
• Preferred experience in fintech, banking, payments, or financial services sectors.

Skills and Competencies

• Deep knowledge of Accounts Receivable processes and financial reconciliations.
• Proficient in reviewing customer payment and collection transactions.
• Strong analytical and problem-solving abilities.
• Meticulous attention to detail ensuring high accuracy.
• Advanced skills in Microsoft Excel.
• Capability to identify and resolve payment discrepancies effectively.
• Excellent communication and stakeholder relationship management.
• Ability to manage workload priorities and meet deadlines in a dynamic environment.

Benefits and Work Culture

• An inclusive, diverse workplace culture fostering innovation and flexible work arrangements including remote, hybrid, and in-office options.
• Competitive compensation packages with possibilities for equity participation.
• Focus on professional growth with regular training and an annual learning allowance.
• Opportunity to work with a multinational team across seven countries and gain exposure in an expanding fintech industry.
• Autonomy, mentorship, and challenging objectives offering meaningful growth opportunities.
• Significant responsibilities with the trust and freedom to make impactful decisions.