Accounts Receivable Specialist

Orascom Investment Holding

The Accounts Receivable Accountant manages and monitors accounts receivable, ensuring timely collections from corporate, tour operator, and international clients. Responsibilities include applying and reconciling payments, handling billing and invoicing, processing additional charges, and resolving discrepancies or disputes. The role involves preparing AR reports, tracking prepaid rentals and security deposits, supporting month-end closing, reconciling sub-ledgers to the general ledger, and handling multi-currency transactions in compliance with tax regulations.

Key Responsibilities:

Collections Management

• Monitor and manage accounts receivable aging reports for rental accounts.
• Follow up on outstanding payments from tour operators, travel agencies, and corporate clients.
• Handle collections from international customers with various payment methods.
• Resolve billing discrepancies and payment disputes related to rental charges.
• Negotiate payment plans when necessary for corporate accounts.
• Escalate unresolved issues to management as needed.

Cash Application

• Apply incoming payments accurately to customer accounts (cash, credit cards, bank transfers).
• Reconcile daily sales from multiple rental shop locations.
• Verify and process payments from tour operators and travel agencies.
• Investigate and resolve unidentified or misapplied payments.
• Handle currency exchange reconciliation for international transactions.br>

Billing & Invoicing

• Generate and distribute accurate invoices for:
  - Tour packages and group bookings.
  - Corporate accounts and travel agencies.
• Process additional charges (late fees, damage fees, extended rental periods).
• Verify rental rates, discounts, and terms match customer agreements.
• Issue receipts and tax invoices as required by Egyptian tax authorities.

Reporting & Reconciliation

• Prepare daily and weekly sales reports by shop location.
• Monitor AR aging reports for corporate and tour operator accounts.
• Track security deposits and prepaid rentals.
• Assist with month-end closing activities for rental revenue.
• Reconcile AR sub-ledger to general ledger.
• Track foreign currency transactions and exchange rate variances.
• Provide documentation for audits as required.br>