AP/AR Accountant III

AR & AR Accountant III 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 an Associate’s Degree in Finance or Accounting; Bachelor’s Degree is a plus

• 5 to 10 years of relevant work experience, preferably within a multinational corporation.

Additional Details:

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