Junior Accountant

Job Title: Junior Accountant - AR Department: Finance Reports To: Assistant Finance Manager / Chief Accountant Experience Required: 4–6 years Industry: Consumer Appliances Location: Dubai, UAE Job Purpose: To manage and control the company’s receivables by ensuring timely collection, accurate reconciliation with distributors, and close coordination with the sales team to maintain healthy cash flow and minimal overdue balances. Key Responsibilities: Accounts Receivable Management • Monitor and track outstanding receivables from distributors and key customers. • Ensure timely posting of receipts, credit notes, and adjustments in the accounting system. • Maintain accurate AR ledgers and regularly update the customer aging report. Collections & Coordination • Follow up actively with the sales team to ensure overdue payments are collected as per agreed terms. • Escalate delayed accounts and potential defaults to management on time. • Coordinate with customers and sales for resolution of claims, disputes, and short payments. • Prepare collection status reports and share regular updates with finance and commercial teams. Reconciliation & Reporting • Conduct periodic reconciliation of distributor accounts, ensuring accuracy of balances, debit/credit notes, and deductions. • Validate trade discounts, promotional claims, and returns before posting. • Support month-end closing by reconciling AR sub-ledger with the general ledger. • Provide management with weekly dashboards on collections, overdue accounts, and DSO trends. Compliance & Continuous Improvement • Ensure AR processes adhere to internal controls and company policies. • Identify process gaps and recommend improvements in collection and reconciliation procedures. • Support internal and external audits by providing required AR documentation. Key Performance Indicators (KPIs): • Days Sales Outstanding (DSO) • Overdue Receivables % • Accuracy and timeliness of distributor reconciliations • Collection target achievement Qualifications & Skills: • Bachelor’s degree in Accounting, Finance, or Commerce. • 2-5 years of experience in Accounts Receivable, preferably in consumer appliances, FMCG, or distribution-driven businesses. • Strong understanding of customer reconciliation, credit control, and claim management. • Proficiency in ERP systems (SAP, Oracle, or similar) and advanced Excel skills. • Excellent coordination and communication skills — ability to follow up effectively with sales and customers. • Analytical mindset with attention to detail and problem-solving ability • Communications, applications, and risk mitigation processes between an exporter/importer and the China Export & Credit Insurance Corporation • Effectively communicate with HQ Accounting team and align with HQ AR requirements About Midea Midea Group is the world’s largest manufacturer of consumer appliances and major appliances. It offers household and commercial air conditioning appliances, refrigeration, laundry, and large cooking appliances, kitchen appliances, water appliances, vacuum appliances, small domestic appliances, and lighting. Midea offer one of the widest-ranging product portfolios, from mass-market products to premium goods. Midea also carry a diverse range of brands under Midea Group’s umbrella, including globally recognized household names like Midea, Toshiba, Teka, eureka, etc. Established in 1968, Midea (SZ:000333) is a publicly listed and ranked as a Forbes’ Global Fortune 500 company (#246). Midea offers one of the most comprehensive ranges in the home appliance industry. Midea is headquartered in Southern China but is a truly global company with over 150,000 employees and operations in more than 200 countries. Get to know more: https://www.midea-group.com/ Show more Show less

Bachelor’s degree in Accounting, Finance, or Commerce. 2-5 years of experience in Accounts Receivable, preferably in consumer appliances, FMCG, or distribution-driven businesses.

Accounts Receivable Management: Monitor and track outstanding receivables from distributors and key customers; Ensure timely posting of receipts, credit notes, and adjustments in the accounting system; Maintain accurate AR ledgers and regularly update the customer aging report. Collections & Coordination: Follow up with the sales team to ensure overdue payments are collected as per terms; Escalate delayed accounts to management; Coordinate with customers and sales for resolution of claims, disputes, and short payments; Prepare collection status reports and share updates with finance and commercial teams. Reconciliation & Reporting: Conduct periodic reconciliation of distributor accounts, ensure accuracy of balances, debit/credit notes, and deductions; Validate trade discounts, promotional claims, and returns before posting; Support month-end closing by reconciling AR sub-ledger with the general ledger; Provide management with weekly dashboards on collections, overdue accounts, and DSO trends. Compliance & Continuous Improvement: Ensure AR processes adhere to internal controls and company policies; Identify process gaps and recommend improvements in collection and reconciliation procedures; Support internal and external audits by providing required AR documentation.