About the role

The Accounts Receivable Specialist will play a crucial role in the finance department, ensuring the accurate and efficient management of financial transactions related to the Accounts Receivables in the respective Unit Market. This position requires good communications skills, attention to detail, strong organizational skills, and the ability to work effectively within a dynamic and fast-paced environment.

Key responsibilities

• Manage and monitor AR balances, aging, overdue accounts, and customer collections.

• Analyze AR aging, DSO, collection performance, and other AR KPIs, and provide management reports and recommendations.

• Follow up on overdue receivables and coordinate with Sales, Customer Service, and customers to resolve payment issues and disputes.

• Manage daily Sales Orders blocking and unblocking requests.

• Review and prepare allowance for doubtful accounts / bad debt provision in accordance with company policy and accounting standards.

• Perform AR sub-ledger to GL reconciliation and investigate and resolve discrepancies.

• Lead AR month-end and year-end closing activities, including reconciliations, provisions, and required journal entries.

• Review customer accounts, credit balances, unapplied cash, and other AR-related items to ensure accuracy and timely resolution.

• Support internal and external audits by providing AR analysis, reconciliations, and supporting documentation.

• Identify and implement AR process improvements, automation, and controls to improve efficiency and collection performance.

Functional Work Knowledge

Strong understanding of Accounts Receivable, Order-to-Cash, credit control, collection, AR aging, reconciliation, and period-end closing. Good knowledge of AR analysis, provisions, intercompany accounting, and working capital management, with strong coordination skills to work effectively with Sales and cross-functional teams, along with proficiency in ERP systems and financial reporting tools.

Industry-Specific Knowledge

• Knowledge of industry-specific customer payment practices, credit terms, and collection challenges.

• Understanding of key industry factors that may impact customer credit risk, sales, and cash flow.

• Awareness of industry trends and customer market conditions affecting accounts receivable and working capital.

Business-Specific Knowledge

• Understanding of the company's sales process, customer portfolio, pricing, credit terms, and payment conditions.

• Understanding of customer credit risk, credit limits, collection strategies, and overdue management.

• Knowledge of the impact of AR, DSO, and collection performance on cash flow and working capital.

• Understanding of the relationship between AR, Sales, Customer Service, Finance, and Credit Control processes.

• Ability to analyze customer payment behavior and identify risks, trends, and opportunities for improving collections.

• Understanding of intercompany customer processes and regional/global business requirements. Awareness of company accounting policies and procedures.

• Strong communication, teamwork, and collaboration skills, with the ability to effectively work with cross-functional teams to resolve issues and achieve business objectives

• Proficiency in ERP systems and financial modules, including reporting and reconciliation tools.

About you

• Bachelor's degree in Accounting, Finance, or a related field.

• Minimum Experience: 3-5 years in Accounting.

• Experience in multinational environments with knowledge of US GAAP.

• Required Licenses/Certifications: CA, CMA, MBA, or other relevant certification

• Good communications skills

• Attention to detail

• Strong organizational skills

• Ability to work effectively within a dynamic and fast-paced environment

• Credit analysis capability for new customers