Settlement Accountant Full Time NEW

Looking for Settlement Accountant Jobs in Doha? Coca-Cola Al Mana W.L.L. offers an opportunity for detail-oriented finance professionals interested in settlement accounting, financial reconciliation, FMCG finance, revenue accounting, accounts receivable, accounts payable, cash management, financial reporting, and corporate finance.

Key Responsibilities

Daily Collection Verification

• Verify daily cash, cheque, and bank transfer collections against sales records.
• Compare collection amounts with invoices, receipts, sales reports, and system records.
• Identify differences, missing collections, duplicate entries, or posting errors.
• Investigate discrepancies and coordinate with relevant departments for resolution.
• Ensure all daily collection information is accurately recorded.
• Maintain proper supporting documentation for collection transactions.
• Ensure collection records are updated within the required timelines.

Daily Settlement Processing

• Complete daily settlements accurately and within established deadlines.
• Review outstanding billing transactions and ensure all required documents are available.
• Ensure billing documents are properly checked, processed, and cleared.
• Reconcile sales, collections, invoices, and settlement records.
• Follow established settlement procedures and internal financial controls.
• Report unresolved settlement differences to the appropriate supervisor or management.
• Maintain accurate daily settlement files and records.

Bank Deposits & Collections

• Prepare bank deposit slips for cash and cheque collections.
• Scan and deposit cheques according to company procedures.
• Coordinate with banking teams regarding deposits and collection processing.
• Follow up on pending collections and outstanding payment instruments.
• Maintain accurate records of deposits and bank acknowledgments.
• Reconcile deposited amounts with internal collection records.
• Ensure deposits are completed within required timelines.

Post-Dated Cheque Management

• Maintain safe custody of post-dated cheques (PDCs).
• Record cheque numbers, dates, amounts, customer details, and other relevant information accurately.
• Maintain an updated PDC register and supporting documentation.
• Monitor upcoming cheque maturity dates.
• Coordinate timely deposits of post-dated cheques.
• Follow up on returned, cancelled, or replaced cheques.
• Ensure cheque records are secure, accurate, and easily traceable.

Reporting & Management Information

• Prepare daily collection reports for management review.
• Prepare unsettled shipment reports and monitor pending settlement items.
• Generate regular management reports related to collections and settlements.
• Highlight overdue collections, discrepancies, and unsettled transactions.
• Maintain accurate reporting schedules and supporting documentation.
• Provide timely financial information to management and relevant departments.
• Ensure reports are accurate and submitted within established deadlines.

Invoice & System Verification

• Verify physical invoices against system records.
• Check invoice numbers, customer details, quantities, values, and payment information.
• Identify discrepancies between physical documents and accounting or sales systems.
• Process manual orders when required and ensure proper authorization.
• Maintain documentation for manually processed transactions.
• Coordinate with Sales and Operations to resolve invoice-related issues.
• Ensure all billing transactions are properly recorded and supported.

Month-End Closing Support

• Support month-end closing activities related to settlements and collections.
• Assist with stock verification and reconciliation activities.
• Reconcile collection, sales, invoice, and settlement balances.
• Assist with identifying and clearing outstanding transactions before closing.
• Prepare supporting schedules and documents for month-end reporting.
• Coordinate with Finance and Operations to resolve closing discrepancies.
• Ensure required closing information is submitted on time.

Sales Team Support

• Provide timely support to the Sales Team regarding settlement queries.
• Assist with invoicing and collection-related questions.
• Clarify payment status, outstanding balances, and settlement information.
• Coordinate with Sales regarding customer payment discrepancies.
• Provide accurate updates on unsettled shipments and pending collections.
• Maintain professional communication while resolving financial queries.
• Support smooth coordination between Sales and Finance teams.

Requirements

• Bachelor’s degree in Accounting, Finance, Commerce, or a related field is preferred.
• Previous experience in accounting, settlements, collections, billing, or reconciliation is advantageous.
• Strong understanding of basic accounting principles.
• Good knowledge of cash, cheque, bank transfer, and collection processes.
• Experience with invoice verification and reconciliation is preferred.
• Good proficiency in Microsoft Excel and accounting software.
• Strong numerical and analytical skills.
• Excellent attention to detail and accuracy.
• Good communication and interpersonal skills.
• Strong organizational and time-management abilities.
• Ability to handle confidential financial information responsibly.
• Ability to work under pressure and meet daily deadlines.
• Strong coordination skills with Sales, Finance, and Operations teams.

Build your accounting and FMCG finance career by exploring Settlement Accountant Jobs in Doha with Coca-Cola Al Mana W.L.L. Candidates with skills in settlement accounting, account reconciliation, accounts receivable, accounts payable, revenue reconciliation, cash management, financial reporting, transaction verification, discrepancy investigation, general ledger accounting, month-end closing, audit preparation, ERP accounting systems, Microsoft Excel, financial analysis, internal controls, and payment reconciliation can develop valuable expertise for future finance positions.

How to Apply :

Send Your CV via : recruitment@coca-cola.co.ae