Senior Finance Executive

About NamshiAre you ready to embark on an exciting journey in the world of beauty and e-commerce?Namshi, the #1 online fashion and beauty destination in the Middle East, is looking for talented individuals like you to join our dynamic team. We are a community built around young people who are making waves in the region. They’re changing the future, and we’re right next to them every step of the way.

If you're passionate, innovative, and eager to be a part of a company whose mission is to be the region’s favorite closet, then Namshi is the place for you. Discover your potential with us and help us redefine the way people shop online and ignite a new generation of personal expression through style. Let's move together!

Position Overview:We are looking for a detail-oriented and proactive Senior Finance Executive to join our Accounts Receivable (AR) team. In this role, you will play a vital part in managing the company's cash flow by overseeing the timely collection of payments, maintaining accurate records, and ensuring customer satisfaction.You will be responsible for optimizing accounts receivable processes, and collaborating closely with sales, customer service, and finance teams to drive operational efficiency and reduce outstanding receivables.

Key Responsibilities:Accounts Receivable Management: Oversee the accurate and timely processing of customer invoices, credits, and payments. Ensure that all customer accounts are properly managed, aged, and reconciled.Cash Flow Monitoring: Monitor and manage the accounts receivable aging reports, ensuring the company’s cash flow is optimized by reducing overdue accounts and improving collection cycles.Customer Communication: Serve as a key point of contact for customers regarding payment inquiries, disputes, and collections. Resolve issues promptly and professionally to maintain strong customer relationships.Collections: Manage collection efforts for overdue accounts, including negotiating payment terms, setting up payment plans, and escalating overdue accounts to higher management or legal if necessary.Reporting & Analysis: Prepare and present regular reports on accounts receivable status, aging trends, cash receipts, and bad debt forecasts to senior management. Provide insights into improving collection performance and reducing delinquencies.Process Improvement: Identify opportunities for improving AR processes, such as automating invoicing, streamlining payment collections, and enhancing customer communication.Month-End Closing: Assist with month-end closing processes, including reconciling AR balances, preparing journal entries, and ensuring that all transactions are accurately recorded in the general ledger.Compliance: Ensure compliance with accounting standards, company policies, and legal regulations regarding accounts receivable and collections.Audit Support: Support internal and external audits by providing required documentation and ensuring accurate records are maintained.

Qualifications:Education: Bachelor’s degree in Accounting, Finance, Business, or a related field.Experience: Minimum of 1-3 years of experience in accounts receivable.Technical Skills: Proficiency in Microsoft Excel and accounting software.Knowledge: Strong understanding of accounts receivable processes, cash applications, and financial reporting.Attention to Detail: High level of accuracy and strong organizational skills to manage a large volume of transactions.Communication Skills: Strong written and verbal communication skills with the ability to effectively interact with customers, internal teams, and senior management.Problem-Solving: Strong analytical skills with the ability to assess situations and resolve issues promptly and efficiently.Time Management: Ability to prioritize and manage multiple tasks and deadlines in a fast-paced environment.Customer Service: Strong customer service orientation and the ability to manage difficult conversations with tact and professionalism.

Who will excel?We’re looking for people with high standards, who understand that hard work matters.You need to be relentlessly resourceful and operate with a deep bias for action.We need people with the courage to be fiercely original.