Accounts Receivable, Raffles The Red Sea

Company Description

Raffles & Fairmont the Red Sea, positioned in the kingdom's groundbreaking Red Sea Project, will provide visitors access to two nature-focused resorts. With 361 rooms, 11 distinct dining concepts, including overwater restaurant with views of the Red Sea and the mangroves, and a Spa.

Raffles The Red Sea will be a sanctuary of refined elegance and timeless luxury, nestled within Saudi Arabia’s extraordinary Red Sea destination. Blending Raffles’ legendary graciousness and personalized service with the natural beauty and sustainability ethos of Red Sea Global, the property offers a curated haven for the world’s most discerning travelers.

Job Description

Raffles The Red Sea is seeking a detail-oriented and organized Accounts Receivable professional to join our finance team in Umluj, Saudi Arabia. In this role, you will be responsible for managing the accounts receivable function, ensuring timely collection of payments, and maintaining accurate financial records. You will play a critical part in supporting our organization's financial operations and contributing to the overall success of our luxury hospitality property.

• Process, verify, and record customer invoices and billing transactions with accuracy and efficiency
• Monitor outstanding receivables and prepare aging reports to identify collection priorities
• Follow up with customers regarding overdue payments through professional communication and negotiation
• Reconcile accounts receivable accounts and investigate discrepancies to ensure data integrity
• Apply cash receipts to customer accounts and maintain detailed payment records
• Prepare and analyze accounts receivable reports for management review and financial reporting
• Support month-end and year-end closing processes, including reconciliations and accrual adjustments
• Maintain organized filing systems and ensure compliance with company policies and procedures
• Communicate effectively with internal departments and external customers to resolve billing inquiries
• Assist in the development and implementation of improved collection procedures and processes

Qualifications

• Proven experience in accounts receivable management, collections, or related accounting functions
• Proficiency with accounting software, ERP systems, and Microsoft Office applications
• Strong knowledge of invoicing, billing processes, and cash application procedures
• Excellent analytical skills with the ability to interpret financial data and identify trends
• Exceptional attention to detail and commitment to accuracy in all financial transactions
• Strong organizational and time management skills with the ability to prioritize multiple tasks
• Professional communication and interpersonal skills with the ability to work effectively with diverse stakeholders
• Familiarity with Saudi Arabia accounting standards and regulations (preferred)
• Experience in the hospitality, hotel, or resort industry (preferred)
• Ability to work independently and as part of a collaborative team environment

Additional Information

• Understanding of Ultra-Luxury guest expectations and brand alignment.
• experience in project coordination, scheduling, and document control during pre-Opening stages.
• Experience in pre-Opening is a must.
• A proactive, anticipatory approach with a strong sense of ownership and accountability.
• Impeccable grooming and personal presentation aligned with Luxury standards.