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Senior Associate - Allocation Reconciliation & Invoicing

Bupa Arabia Jeddah , Saudi Arabia Posted 2024/03/14 10:58:55 Expires 2024-05-05 Ref: JB1100045984

Job Description

• Assist Finance and Sales resources in identifying previously unidentified debtor payments (Corporate and Retail) for receipt issuing and allocation,

• Allocate all customers payments accurately and promptly to the correct customer account statements, whether cheques or bank transfers, to specific invoices / customers accounts (Corporate and Retail, Premium and Sundry Debtors),

• Ensure the prompt accurate allocation of debtors payments (Corporare and Retail) so that the Identified Debtor (ID) level aspect of the Unidentified Collection Deposits (UCD) is at nil, excluding future contract ID, at the end of every day and at month-end,

• Assist with the removal of warnings, suspension and lapsed flags for settled debts,

• Assist customers with payment/payment allocation queries and provide assistance with customer reconciliation related support relating to their account statements and their payments,

• Assist the Finance cash management and Finance Reporting & Control sections on a daily basis, as and when required, with the reconciliation of the collection balance between the CAESAR system and other accounting systems/bank records,

• Interact with Sales staff on account payment and allocation related activities,

• Interact with the Finance Sales Support Receivables team members to assist with receipts issues and the identification of payments and also any payment allocation queries the received payments from banks

Skills

Finance experience

• Accounting

• Experience of Computer systems

• Experience of direct interaction with customers

Education

Accounting, Finance, Business Administration and any related majors.

Job Details

Job Location Jeddah , Saudi Arabia
Job Role Accounting/Banking/Finance
Employment Status Full time
Employment Type Employee

Preferred Candidate

Career Level / Band Entry Level
Years of Experience Min: 0 Max: 2
Residence Location Jeddah , Saudi Arabia
Nationality Saudi Arabia
Minimum Degree Bachelor's degree

Bupa Arabia

Insurance Jeddah , Saudi Arabia 500 employees or more +966.9.200.00456 https://www.bupa.com.sa

Bupa Arabia is a healthcare insurance company based in the Kingdom of Saudi Arabia. We are an associate business of Bupa Group, which is a global healthcare company with an international reach that extends across multiple business operations, practices, and resources.


Founded in October 1997, Bupa Arabia was initially established through a partnership between Bupa Global International and Nazer Group, with the key focus to provide health insurance services with high quality and competitive prices, while ensuring a distinctive experience for customers. Bupa Arabia has since evolved into a fully Saudi-owned and operated company. Our transformation from a joint venture into a publicly traded company on the Saudi Stock Exchange occurred in 2008, as we made 40% of our shares available to the public during our Initial Public Offering (IPO).


As a subsidiary of the global Bupa Group, we draw upon international expertise while maintaining a profound understanding of local healthcare requirements and regulations. This allows us to offer comprehensive healthcare insurance solutions tailored to the unique needs of the Saudi Arabian market.


Bupa Arabia prides itself on its commitment to the wellbeing and development of its employees, providing them with the same standard of care, support, and professionalism that it expects to be delivered to its customers.


Our core values shape every aspect of our work and culture:
Commit – Own it with accountability and urgency.
Collaborate – Win together through cross-functional synergy.
Care – Put people first, both employees and customers.

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