Position Summary

AR & AR Accountant I is responsible for managing a variety of financial operations activities within the organization. This includes executing daily, weekly, and monthly tasks related to accounts receivable and accounts payable processes.

Duties and Responsibilities

Accounts Receivable (AR)

• Applying cash receipts to customer accounts accurately and efficiently.
• Declaring cash and following up on outstanding balances as necessary.
• Reclassifying transactions as required to maintain accurate financial records.
• Completing bank reconciliations related to accounts receivable transactions.
• Conducting AR aging analysis and following up on overdue accounts to ensure timely collection.
• Preparing daily AR sales reports and performing other related activities as assigned.
• Supporting internal and external audit requirements
• Process transactions with precision, following Standard Operating Procedures (SOP), company policies, and generally accepted accounting practices.
• Identify and implement process improvements to enhance efficiency and accuracy within accounting operations.
• Other ad hoc activities to support the overall accounting function as deemed necessary

Accounts Payable (AP) Functions

• Process invoices accurately and in a timely manner to ensure that all payments and records are up to date.
• Create payment files and initiate payments, including those to vendors and intercompany partners.
• Perform regular bank reconciliations to verify that company records align with bank statements.
• Reconcile vendor statements to resolve discrepancies and maintain accurate vendor accounts.
• Handle intercompany reconciliation to ensure financial accuracy between related entities.
• Respond to vendor inquiries, addressing questions and resolving issues as needed.
• Prepare and distribute monthly reports related to accounts payable activities.
• Support month-end closing tasks to ensure all financial operations are completed on schedule.
• Identify and implement process improvements to enhance efficiency and accuracy within accounting operations.
• Process transactions with precision, following Standard Operating Procedures (SOP), company policies, and generally accepted accounting practices.
• Responsible for the review, approval, and processing of employee expense reports
• Other ad hoc activities to support the overall accounting function as deemed necessary

Knowledge, Skills, and Experience

• Proficiency in computer applications, particularly spreadsheets and databases, including Excel, Word, PowerPoint, and Access.
• Strong analytical and problem-solving abilities.
• Effective communication skills and a collaborative team-oriented mindset.
• Experience with any of the following ERP systems is a plus: HFM, Microsoft Navision, Visual, IBS, Avante, Glovia, and Concur.
• Fluent in English and strong written and verbal communication skills

Job Requirements

• Minimum of a High School degree; Associates Degree in Finance or Accounting is a plus
• 1 to 4 years of relevant work experience, preferably within a multinational corporation.

Additional Details

• Work Hours: Standard business hours with flexibility for global coordination.