Accounts Receivable ManagementOwn the full AR cycle for assigned key accounts, from invoice issuance through to cash application and account reconciliation.Generate and issue accurate sales invoices, credit notes, and debit notes in a timely manner following confirmed shipments and agreed commercial terms.Monitor customer account balances, review AR aging reports daily/weekly, and proactively follow up on overdue balances.Apply customer payments to the correct invoices in the ERP system and resolve any unapplied or misallocated cash.Prepare monthly AR statements and share them with key account customers for confirmation and reconciliation.Key Account Management & CollectionServe as the primary finance contact for designated key accounts (e.g., Panda, Carrefour, Danube, Lulu, Othaim, and similar modern trade customers).Proactively communicate with key account managers, finance teams, and retail operations to resolve invoice queries, short payments, deductions, and disputes.Negotiate payment arrangements and escalate chronic late payers or high-risk accounts to the AR Section Head and commercial team.Coordinate with the Sales and Trade Marketing teams to align on promotional deductions, listing fees, and contractual rebates to ensure accurate billing.Track and reconcile customer deductions (marketing contributions, penalties, returns) and ensure they are supported by valid documentation before credit is applied.Credit Management & Risk ControlMonitor credit limits for key accounts and flag accounts approaching or exceeding their approved credit exposure.Assess customer creditworthiness as part of periodic credit reviews and make recommendations to the AR/Finance Manager.Place accounts on credit hold when required and coordinate with the Order Management and Sales teams to manage order releases.Maintain up-to-date knowledge of key account payment behaviors and flag risks to management proactively.Month-End Closing & ReportingPrepare accurate AR accruals, bad debt provisions, and doubtful debt assessments at month-end.Reconcile AR sub-ledger to the general ledger and investigate and clear any reconciling items.Prepare monthly KPI dashboards including DSO (Days Sales Outstanding), collection efficiency, overdue aging, and dispute resolution timelines.Assist in providing AR schedules and supporting documents during internal reviews, external audits, and Zakat/VAT filings.Process & SystemMaintain complete and accurate customer master data in the ERP system (credit terms, billing addresses, VAT registration numbers).Identify opportunities to streamline and automate the AR process and contribute to continuous improvement initiatives.Support the implementation of new systems or ERP enhancements related to the AR function.
Halwani Brothers is a Saudi-Egyptian food manufacturer producing tahini, halawa, jams, ghee, processed meats, and other ambient food products. The Egypt operation manufactures and distributes branded food products across the Egyptian market and exports across the region.