MT Sales Finance Associate

Position Overview

We are seeking a detail-oriented and proactive MT Sales Finance Associate to join our dynamic finance team. This role is pivotal in ensuring the accuracy and efficiency of invoice processing, account reconciliation, and payment collections for our key Modern Trade accounts. The ideal candidate will serve as a critical liaison between Finance, Operations, and Administration teams, resolving discrepancies and facilitating seamless financial transactions to support our business objectives.

Key Responsibilities

Invoice Management & Reconciliation

• Oversee the timely and accurate submission of all customer invoices, ensuring zero discrepancies and adherence to established timelines.
• Collaborate closely with the Finance Manager within the Jeddah-based Distribution Center (DC) to review, verify, and reconcile invoices prior to customer submission.
• Proactively identify and investigate invoice discrepancies, working with Operations, Sales, and Administration teams to determine root causes and implement corrective actions.
• Maintain meticulous documentation and records of all invoice submissions, resolutions, and follow-up actions to ensure compliance and transparency.

Accounts Receivable & Collections

• Ensure finalized invoices are submitted to customers within agreed-upon timelines to facilitate prompt payments and optimize cash flow.
• Monitor customer payment schedules and proactively follow up on outstanding receivables to minimize overdue balances and maintain healthy aging reports.
• Act as a primary point of contact for customers and internal stakeholders to resolve payment-related issues efficiently and professionally.
• Collaborate with the Finance Manager within the Jeddah-based DC to support the collection process and maintain strong customer relationships.

Key Account Management

• Manage one of the company’s largest Modern Trade accounts, with annual sales exceeding SAR 150 million, ensuring seamless financial operations and compliance with billing requirements.
• Handle a high-volume invoicing environment, processing approximately 4,000 invoices per month (48,000 annually) with precision and efficiency.
• Ensure strict adherence to customer billing requirements, contractual terms, and internal financial controls to mitigate risks and maintain operational integrity.

Cash Flow & Financial Control

• Support cash flow management by ensuring timely invoice processing and collections, thereby enhancing liquidity and financial stability.
• Monitor account aging and recommend strategic actions to reduce overdue balances and improve collection efficiency.
• Prepare and deliver regular reports and updates on invoice status, collections performance, and account health to senior management and relevant stakeholders.
• Assist in month-end and year-end closing activities related to accounts receivable, ensuring accuracy and compliance with financial reporting standards.

Qualifications & Skills

• Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
• Minimum of 2-3 years of relevant experience in finance, accounting, or accounts receivable, preferably within a fast-paced corporate environment.
• Strong analytical skills with the ability to identify discrepancies, resolve issues, and implement process improvements.
• Excellent communication and interpersonal skills, with the ability to liaise effectively with internal teams and external customers.
• Proficiency in financial software and ERP systems, with a keen attention to detail and commitment to accuracy.
• Ability to work independently, prioritize tasks, and meet deadlines in a dynamic and high-pressure environment.
• Fluency in English and Arabic is preferred but not mandatory.