Accounts Receivable Specialist
Accounts Receivable Specialist
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Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Major Areas of Responsibility
- Creating various reports to support:
a. Cash flow and liquidity planning
b. Measuring the performance of the O2C (OrdertoCash) team within Finance Operations
c. Monitoring and controlling incoming payments - Booking and reconciliation of incoming payments (customer subledger reconciliation)
- Issuing invoices and ensuring timely and accurate billing processes
- Managing and controlling the collections process to ensure timely payments from customers
- Identifying and supporting the implementation of O2C process improvements encouraging the Finance Operations team to follow best practices
Specific Responsibilities of the Job
- Oversees the invoicing process ensuring completeness and accuracy in accordance with company policies and procedures.
- Acts as a key user of the Accounts Receivable system working to optimize its functionality for efficient processing.
- Monitors and reconciles customer accounts in the ERP system ensuring outstanding balances are accurate and up to date.
- Communicates with customers to resolve billing discrepancies and disputes maintaining strong professional relationships.
- Ensures timely collection of receivables by proactively following up on overdue invoices and collaborating with relevant internal departments.
- Processes and controls incoming payments across multiple legal entities ensuring an efficient and accurate approach.
- Monitors and reviews procedural controls related to AR ensuring compliance with company policies and antifraud measures.
- Assists with monthend closing tasks and reconciliations related to Accounts Receivable.
- Provides support and communicates with auditors when required.
- Works closely with the IT team and management to implement new systems and automation tools for streamlining invoicing payment processing and reconciliation tasks.
Knowledge and Skills
- Strong analytical skills problemsolving abilities and a sense of urgency
- Solid understanding of accounting principles specifically related to receivables cash application and revenue recognition
- Experience in Accounts Receivable tasks is preferred
- Proficiency in Excel and/or Business Intelligence tools for data analysis
- High attention to detail and ability to meet deadlines
- Excellent interpersonal and communication skills for effective collaboration with internal and external stakeholders
- Ability to balance process strictness with business priorities and customer relationships
Employment Type
Full Time
