Accounts Receivable Senior Specialist

About HALA

HALA is a pioneering fintech enterprise operating across the MENAP region, dedicated to transforming financial services and shaping the future of banking for small and medium-sized enterprises (SMEs). By providing innovative financial and technological solutions, HALA empowers SMEs to establish, manage, and expand their businesses with unparalleled efficiency. Through its subsidiaries, including HALA Payments and HALA Logistics, the company delivers cutting-edge tools that enable merchants to digitize payments, streamline sales, and optimize operational workflows. Founded in 2017, HALA holds a distinguished position as a licensed entity under the Saudi Arabian Central Bank, underscoring its commitment to regulatory excellence and financial integrity.

Role Overview

The Accounts Receivable Senior Specialist plays a pivotal role within the Finance Operations team, ensuring the integrity and efficiency of the company’s accounts receivable portfolio. This position is instrumental in maintaining financial accuracy by overseeing revenue transactions, validating collections, and resolving discrepancies. The role requires a meticulous approach to reconciling internal systems, investigating anomalies, and supporting critical month-end closing activities. By collaborating closely with cross-functional teams, the Senior Specialist contributes to the overall financial health and operational excellence of HALA.

Key Responsibilities

• Portfolio Management: Monitor and maintain the company’s accounts receivable portfolio to ensure timely and accurate revenue collection.
• Transaction Verification: Review daily collection transactions to confirm that all payments are correctly recorded within the company’s financial systems.
• Discrepancy Resolution: Investigate and address payment discrepancies, unapplied receipts, short payments, duplicate payments, and other exceptions to maintain financial accuracy.
• Collections Processing: Process daily collections and coordinate with Finance, Operations, and other teams to resolve collection-related issues efficiently.
• Reconciliation Oversight: Perform regular reconciliations of company accounts and follow up on outstanding reconciling items to ensure alignment with financial records.
• Reporting and Analysis: Prepare accounts receivable aging reports and monitor overdue balances to identify trends and mitigate risks.
• Month-End Support: Assist in month-end and year-end closing activities by ensuring receivable balances are complete, accurate, and compliant with accounting standards.
• Process Improvement: Contribute to the development and enhancement of accounts receivable processes, controls, and operational efficiencies to drive continuous improvement.
• Audit Compliance: Maintain accurate financial records and supporting documentation to facilitate internal and external audits, ensuring adherence to regulatory requirements and company policies.
• Stakeholder Communication: Prepare and present regular reports and dashboards that highlight collection performance, outstanding balances, reconciliation status, and key AR metrics for management review.

Qualifications and Experience

• Education: Bachelor’s degree in Finance, Accounting, Business Administration, or a related field. Professional accounting certifications are considered a valuable asset.
• Experience: Minimum of five years of progressive experience in Accounts Receivable, Finance Operations, Collections Operations, or Accounting. Prior experience within fintech, banking, payments, or financial services is highly preferred.

Required Skills and Competencies

• Technical Proficiency: In-depth understanding of accounts receivable processes and financial reconciliations, with advanced skills in Microsoft Excel.
• Analytical Acumen: Strong problem-solving abilities and keen attention to detail to identify and resolve payment discrepancies effectively.
• Communication and Collaboration: Excellent interpersonal and stakeholder management skills to liaise with internal teams and external partners.
• Time Management: Ability to prioritize workload and meet deadlines in a dynamic, fast-paced environment.

What We Offer

At HALA, we foster an inclusive and diverse culture that values innovation, flexibility, and collaboration. Our work environment supports remote, in-office, and hybrid setups, ensuring a balanced and adaptable approach to professional growth. We provide highly competitive compensation packages, including the potential for equity participation, to recognize and reward your contributions. Personal development is a cornerstone of our philosophy, with regular training opportunities and an annual learning stipend to help you tackle new challenges and advance your career in a high-growth environment.

Join a global team of over 30 nationalities spanning seven countries, where you will gain invaluable experience in a dynamic and exciting industry. We empower our employees with autonomy, mentorship, and ambitious goals, fostering an environment where initiative and trust lead to exceptional results. If you are ready to take on significant responsibility and contribute to the success of a forward-thinking fintech leader, we invite you to apply and become part of our journey.