AR Associate (Temp for 9 months)

Your responsibilities

40% | Accounts Receivable – cash collection & cash application

• Contacting customers and monitoring their timely payments (calls, e-mails, statements, dunning letters)

• Reconciling customer balances in case of differences

• Following up on customer queries – routing issues to the correct department

• Preparing AR review report – DSO reports and liaison with Customer Service to follow up on overdues

• Reconcile the accounts receivable ledger to ensure that all payments are accounted for and properly posted

• Following up on payment discrepancies

25% | Accounts Receivable – credit management

• Verification of customer credit rating

• Blocking customers with overdue payments according to the credit policy rules

• Unblocking new customer orders

• Setting credit limits and risk category for new customers

• Monitoring Credit Exposure

15% | Monthly Group Reporting and Statutory accounting support

• Write off receivables following appropriate approval

• Bad debts reserve calculation

• Supporting EY / PWC audit in case of questions related to the Accounts receivables area

• Reconcile sub ledgers to GL accounts for AR

• Executing AR related SOX controls

20% | Ad – Hoc duties

• Answering queries (email / telephone)

• Supporting other Accounts Receivable Teams in case of absence (sickness / vacation)

• Participation in the continuous improvement projects

• Process transitions – if applicable

Our requirements

Overview

The Accounts Receivable Associate will provide support to the finance team in all aspects of accounts receivable are which includes but is not limited to: producing reports and analyzing overdues, chasing customers, managing credit limits, releasing orders. The person in this role will liaise with the Customer Service Team to find solutions to overdue debts collection and customer sales invoice correction.