Senior Accounts Payable and Receivable Specialist

Job Description

POSITION SUMMARY Control all the S2P and O2C measures and KPIs and ensure that all the measures are under the target, train and develop ar/ap accountants, lead the team to have a smooth process with customers and vendors and for all of their routine and ad hoc tasks, support all the stakeholders about relevant ar/ap topics. A DAY IN THE LIFE … ● Manages claims and deduction resolution through collaboration with sales, finance, marketing, physical logistics, and supply chain. ● Proposes the rules to identify duplicate claims records, rules to match deductions with credit notes, and rules to match existing credit notes with claim cases. ● Monitor the generation of billing documents, the correct posting to the customer account and the generation of billing outputs. Generates billing documents manually when required. ● Conduct and provide collection analytics. ● Analyze customers’ accounts. Monitors account details for non-payments, delayed payments, and other irregularities. ● Reconciles account balance and open items with the customer. ● Conduct intensive collection activities based on market collection strategy. ● Receive and action on incoming collection concerns from the customer and internal stakeholders, monitor payment plan agreed with the customer. ● Review and propose credit parameters for calculation of credit limit and risk category taking into account various sources of financial data review and propose credit limit and risk category by customer based on data risk modeling results. ● Responsible to run credit simulations when required to identify areas of change with the algorithm or credit check filters. ● Review and escalate as needed to credit management the approval for release/reject of sales order blocked due to credit issues. ● Handle timely supplier invoice processing and post-received invoices. ● Analyze vendors' open items (i.e., daily) to clear items. ● Be in touch with requestors to solve the probable issue of invoices. ● Check and validate the weekly and partial payment proposal. ● Monitor bank GL clearing and check payment allocation. ● Check and validate advance payment documents and early payment document in the system and follow up with requestors to clear them before the defined deadline. ● Reconciles account balance and open items with the suppliers. ● Manage master data for vendors and customers. ● Preparing grid report and following up with requestors to perform gr/deliver an invoice on time. ● Check and validate SSO payback to the suppliers.