Assistant Accountant Modern Pharmaceutical LLC Dubai

The Assistant Accountant (Principal Receivables) at Modern Pharmaceutical LLC in Sheikha Mariam Bldg, Al Maktoum Road, Deira, Dubai, UAE will be responsible for supporting principal receivable process and act as first point of contact for all divisions and principals. Candidate will ensure all the mandatory requirements are fulfill before raising principal claims. This roll will be also responsible for principal receivable collection on time and sorting out dispute with principals. This is an Intermediate level full time job. And salary can range between 6000-12000 AED/month.

Responsibilities of Assistant Accountant

• Provide direct support to Principal Receivable process with various principals.
• Act as first point of contact in receiving various request from division and principals.
• Manage all the Principal request and ensure claim are raised accurately on a timely basis with the principal as per the agreed process.
• Ensure to follow the mandatory requirement are fulfilled before raising claims.
• Roll out Principal claim and SOA on timely basis without any delay.
• Lead in resolving any dispute with the Principal against any claim by providing proper supporting documents.
• Ensure to avoid rejections of claims by verifying end-to-end requirement and do timely follow up with principal to make sure to get confirmation on claims.
• Analyze the exposure against claims rejection and disputed claims to make sure to accrue provisions on timely basis.
• Ensure timely follow up on collection of payments to keep receivable balance LOW.
• Prepare reconciliation of statement of account based on SOA received from Principals.
• Facilitate the reconciliations between AP and AR of principal accounts as and when required.
• Communicate on timely basis the needs and changes required by business at both side.
• Participate in monthly Financial closing activity.
• Ensure Facilitate in raising Price difference claims through direct Sales report or Irreversible account.
• Facilitate in monitoring Principal loan process (Commercial to Special Order Stock) and identity any discrepancies which needs to be communicated to LSD/Tender Team on a regular basis.
• Facilitate in monitoring all control accounts are clear on time basis.

What you will do more

• Coordinate with Supply chain, LSD, Fright Team, I.T. and all divisions in relation to resolve the queries and disputes raised by principal.
• Coordinate and liaise with Supply chain to place compensation orders by providing the receivable details and keep check on ETA.
• Support Accounts Receivable teams on a daily basis and train new team members.
• To effective communication of all financial information to the divisional teams.
• To communicate within MPC division to collate information/supporting required for Principal claims.
• To develop effective relationships at all levels within MPC to be able to provide appropriate business support where necessary.
• To assist in the process of auditing contracts, orders and vouchers and prepare documents to substantiate individual transactions prior to settlement.
• To review and correct errors and inconsistencies in financial entries and documents.
• To build effective relations with internal customers and external partners to achieve their business objectives.

Requirements for Role of Assistant Accountant

• BBA/BCOM/MBA or equivalent qualification with Finance as major subject
• 3 years of experience as payable accountant.
• Experience in Excel (advance), ERP system, Oracle, SAP will be a plus.

Skills And Knowledge Desired

Knowledge of accounting concept.

Assistant Accountant Payables Modern Pharmaceutical LLC Dubai