Summary
Overview
Work History
Education
Skills
Timeline
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FARIS KHALID AL RAIMI

Senior accountant
Jeddah

Summary

Detail oriented and results driven Senior Accounts Receivable Accountant with over 5 years of experience in AR, credit control, and revenue accounting. Proven track record in improving collection performance, reducing DSO, and ensuring accurate and timely financial reporting. Adept in dispute resolution, VAT compliance, and ERP systems. Known for strong analytical skills, stakeholder communication, and ability to work cross-functionally with sales, finance, and audit teams. Seeking a growth opportunity where I can lead AR operations, optimize cash flow, and contribute to strategic revenue processes.

Overview

5
5
years of professional experience

Work History

Senior accountant ( Finance department )

Basamh Trading Group
01.2023 - 07.2025
  • Manage the leading customer creation process (cash and credit), outlet setup, and master data management, ensuring compliance with internal policies and VAT regulations.
  • Conducting credit assessments, adjusting credit limits, and updating payment terms based on customer performance, and business risk.
  • Managing the collection cycle, following up on overdue balances, and coordinating with sales and commercial teams to ensure timely payments.
  • Issuing credit notes, rebates, and handling early payment discounts (EPD) in accordance with contract terms.
  • Monitoring undefined payments, identifying root causes, and ensuring timely resolution with banks and customers.
  • Preparing and analyzing AR and cash aging reports, highlighting high-risk accounts, and tracking DSO performance.
  • Reviewing and handling financial exceptions, enforcing credit holds, and managing order releases under company policy.
  • Conducting weekly collection meetings with sales managers, and escalating chronic overdue cases with supporting documentation.
  • Reconciling key accounts, resolving all discrepancies related to returns, pricing, and claims.
  • Utilizing SAP ERP for all receivable operations and reporting.

AR Accountant (CCD)

TAMER ARABIA
10.2020 - 12.2022
  • Opening and maintaining new customer accounts (cash and credit) across various regions.
  • Posting of customers' collections.
  • Monthly reconciled and reported discrepancies found in records.
  • Managing credit limits, payment terms, VAT details, and ensuring accurate customer master data.
  • Performing daily follow-ups on outstanding balances, sending SOAs, and coordinating with the sales team for overdue payments.
  • Review aging on a weekly basis and follow cash invoices.
  • Check and make credit notes and debit notes to ensure all supporting documents are processed.
  • Arrange and provide the information requested by internal auditors.
  • Handling bank undefined payments, mapping them to customer accounts, and clearing discrepancies.

Education

Bachelor of Science - Accounting

King Abdul-Aziz University
Jeddah, Saudi Arabia
04.2001 -

Skills

ERP System

Timeline

Senior accountant ( Finance department )

Basamh Trading Group
01.2023 - 07.2025

AR Accountant (CCD)

TAMER ARABIA
10.2020 - 12.2022

Bachelor of Science - Accounting

King Abdul-Aziz University
04.2001 -

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FARIS KHALID AL RAIMISenior accountant