PricewaterhouseCoopers

Line of Service

Internal Firm Services

Industry/Sector

Business Services

Specialism

IFS - Finance

Management Level

Associate

Job Description & Summary

A career in Finance, within Internal Firm Services, will provide you with the opportunity to help PwC in all aspects of our Finance internal function including financial planning and reporting, data analysis, and assisting leadership with overall strategy. You’ll focus on recording and analysing financial transactions, paying and receiving invoices, maintaining financial statement ledger accounts, and preparing analysis and reconciliations of bills to detect fraud.

Our Accounts Payable and Receivable team is responsible for performing collections activity and payment of debt activity. You’ll focus on working with senior individuals to review and produce reports related to the accounts receivable and accounts payable accounts that will assist PwC in achieving monthly collection target amounts as well as ensuring timely payment of vendor invoices.

The primary responsibility of the accounts receivable accountant is to ensure timely and accurate allocation of payments received, while keeping record of all incoming payments.

The job also involves resolving any receivables-related issues, following up with the engagement teams. Additionally, the accounts receivable accountant must have a good understanding of ERP systems, possess excellent communication and customer service skills, and work collaboratively with other team members.

The goal of the accounts receivable accountant is to support the financial stability of the company and ensure that all incoming payments are accurately recorded and processed efficiently.

Key Responsibilities:

• Process and apply client payments accurately and efficiently.
• Liaising with LoS on unidentified payments and ensuring that the appropriate allocations are received and applied on time.
• Write-off bad debts, in liaison with the engagement teams while ensuring proper adherence to the policy.
• Collaborate with internal teams and stakeholders to address client inquiries and provide exceptional customer service related to accounts receivable matters.
• Assist with month-end and year-end closing activities, including reconciling accounts receivable balances and preparing related reports.
• Stay updated on industry best practices and changes in accounts receivable regulations to ensure compliance and recommend process improvements when necessary.
• Contribute to process standardization and optimization initiatives within the Shared Service Centre.
• Participate in cross-functional projects and initiatives as assigned by the Team Lead or Manager.
• Including such other duties that may be assigned to you by your manager

Preferred Skills

• Proven work experience as an Accounts Receivable Specialist or in a similar role within an accounting professional services company.
• Solid understanding of accounts receivable processes, best practices, and relevant accounting principles (e.g., GAAP).
• Proficiency in using accounting software and systems (e.g., SAGE) and MS Office Suite, especially Excel.
• Strong analytical and problem-solving skills, with meticulous attention to detail.
• Exceptional organizational and time management abilities, with the capability to prioritize tasks and meet deadlines.
• Excellent written and verbal communication skills, with the ability to build relationships and collaborate effectively with stakeholders at all levels.
• High level of integrity and commitment to maintaining confidentiality of financial information.
• Ability to work independently with minimal supervision and also contribute effectively in a team environment.
• Fluency in written and spoken English required, proficiency in Arabic is preferred
• A Bachelor's degree in finance, accounting, economics, or a related field.
• Professional Certification is a plus (CA, ACCA, CMA,CPA).

Education (if blank, degree and/or field of study not specified)

Degrees/Field of Study required:

Degrees/Field of Study preferred:

Certifications (if blank, certifications not specified)

Required Skills

Optional Skills

Desired Languages (If blank, desired languages not specified)

Travel Requirements

Available for Work Visa Sponsorship?

Government Clearance Required?

Job Posting End Date