Kuwait - Accounts Receivable Specialist
The Accounts Receivable Specialist - Kuwait is responsible for supporting the accounts receivable function by ensuring the efficient management of invoicing, credit notes, customer reconciliations, receivables monitoring, and credit management activities. The role focuses on maintaining accurate customer accounts, supporting cash collection processes, monitoring customer credit exposure, and ensuring compliance with company policies and financial controls.
Within Finance and Administration, you will prepare and review customer statements, monitor customer payments, and maintain accurate receivables records. You will investigate and resolve account discrepancies by working closely with Sales, Trade Marketing, Customer Service, and customers, while ensuring timely customer clearing and reconciliations. You will follow up on customer deductions, support the collection of required documentation from commercial teams, and ensure timely clearance of deductions in line with company policies and guidelines. Additionally, you will process credit notes in SAP, perform daily reconciliation and monitoring of cash van sales, and support day-to-day operational activities based on business requirements.
Under Accounts Receivable Management, you will monitor receivables aging and provide regular visibility on overdue balances, ensuring prompt follow-up and resolution. You will support the continuous improvement of account accuracy and contribute to maintaining healthy cash flow through effective receivables management and customer account maintenance.
In Credit Management, you will monitor customer credit exposure through SAP, ensuring adherence to approved credit limits and company policies. You will liaise with insurance providers to maintain adequate insurance coverage for active customers, manage the blocking of inactive customers, and prepare regular reports on customer credit status. You will also support the preparation of materials and actively participate in local Credit Committee meetings, providing relevant analyses and recommendations to support credit decisions.
Finally, in Reporting and Compliance, you will ensure the accuracy and timeliness of accounts receivable reporting, maintain proper documentation, and support compliance with internal controls and financial procedures. You will contribute to the continuous improvement of receivable processes and support the finance team in achieving operational and financial objectives.
4–6 years’ experience in Accounts Receivable, Credit Control, or Finance Operations within the Kuwait market, preferably within FMCG or a multinational environment. Strong understanding of customer reconciliations, receivables management, credit monitoring, and financial controls.
A detail-oriented and analytical profile, with the ability to manage multiple priorities, resolve discrepancies, and maintain accurate financial records. Experience working with SAP and strong Excel skills are highly valued. Strong communication and stakeholder management skills, with the ability to collaborate effectively across Finance, Sales, and external customers while ensuring compliance with company policies and procedures.
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Ferrero began its journey in the small town of Alba in Piedmont, Italy, in 1946. Today, it is one of the world’s largest sweet-packaged food companies, with many iconic brands sold in countries all over the world. Find out more about Ferrero at ferrero.com.
Ferrero is committed to building a diverse and inclusive culture in which all employees feel welcomed and appreciated and have the same opportunities. We believe all our people are equally talented in their own way. In nurturing the curiosity and natural abilities of our employees, we provide them, generation after generation, the means to succeed personally and professionally, enabling them to craft their journey at Ferrero. The diversity of our talents is what makes our work environment multicultural, innovative, and highly rewarding.
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