Accounts Receivable Associate
5 hours ago
Job Description:
Billing and Invoicing:
- Prepare and issue accurate invoices for offshore vessel charters, including day-rate billing, mobilisation/demobilisation charges, and reimbursable items.
- Review vessel daily reports, contract terms, and operational logs to confirm billable activities.
- Ensure supporting documentation is complete for each invoice.
- Maintain invoicing schedules in line with charter agreements.
- Reconcile billed amounts to contract rates and approved operational data Accounts Payable & Receivable:
- Record customer receipts and reconcile to outstanding invoices.
- Maintain accurate customer statements.
- Escalate payment delays and assist with dispute resolution.
Contract & Compliance Support:
- Review commercial contracts to understand billing requirements.
- Ensure invoices comply with contractual, tax, and regulatory requirements.
- Coordinate with auditors and provide documentation for audits. Reporting & Administration
- Prepare monthly AR reports, billing updates, and cash collection forecasts.
- Assist with month-end closing, revenue accruals, and reconciliation.
- Maintain accurate and organized billing records. Cross-Functional Coordination
- Coordinate with Commercial teams on rate changes and customer queries.
- Support Finance with revenue analysis and compliance.
Job Qualifications:
Education & Experience
- Diploma or Bachelor's degree in Accounting, Finance, or related field.
- 2–5 years experience in AR/Billing or Finance.
- Maritime/offshore/oil & gas industry experience preferred.
Skills & Competencies
- Strong understanding of invoicing and AR processes.
- Proficiency in Microsoft Excel and Oracle Fusion ERP.
- Familiarity with offshore vessel reporting is an advantage.
- High attention to detail and numerical accuracy.
- Ability to work under pressure and meet deadlines.
- Strong communication and organizational skills.
- Ability to manage multiple contracts simultaneously.
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