Job Description
Overview:
We are seeking an experienced Accounts Receivable Specialist with strong expertise in Oracle Financials. The ideal candidate will have 8-10 years of experience managing the accounts receivable process in a dynamic and fast-paced environment. This role will be responsible for ensuring the timely and accurate processing of accounts receivable transactions, including billing, collections, and reconciliation. The successful candidate will possess strong analytical skills, attention to detail, and the ability to collaborate effectively with cross-functional teams.
Key Responsibilities:
- Accounts Receivable Management:
- Oversee the end-to-end accounts receivable process, including invoicing, collections, cash application, and reconciliation.
- Monitor and manage customer accounts to ensure timely payments and reduce aged receivables.
- Resolve payment discrepancies and disputes in a professional and timely manner.
- Oracle Financials Expertise:
- Utilize Oracle Financials to manage and maintain accurate records of all accounts receivable transactions.
- Generate and analyze financial reports from Oracle to track receivables and identify trends.
- Assist in the implementation and optimization of Oracle Financials modules related to accounts receivable.
- Billing and Collections:
- Ensure accurate and timely billing of customers, including the preparation of invoices and credit memos.
- Follow up with customers on outstanding invoices and initiate collection activities as necessary.
- Work closely with the sales and customer service teams to address any billing issues and improve the customer experience.
- Reconciliation and Reporting:
- Perform regular account reconciliations to ensure accuracy and completeness of financial records.
- Prepare and present accounts receivable aging reports to management.
- Assist in month-end and year-end closing processes, including journal entries and financial reporting.
- Compliance and Documentation:
- Ensure compliance with company policies, accounting standards, and regulatory requirements.
- Maintain accurate and organized documentation of all accounts receivable activities and transactions.
- Assist with internal and external audits as needed.
Qualifications:
- Bachelor's degree in Accounting, Finance, or a related field.
- 8-10 years of experience in accounts receivable, with a strong background in Oracle Financials.
- Proficiency in Microsoft Office, particularly Excel (pivot tables, VLOOKUP, etc.).
- Strong understanding of accounting principles and practices.
- Excellent analytical and problem-solving skills.
- Strong communication and interpersonal skills, with the ability to work effectively with cross-functional teams.
- High attention to detail and accuracy in all aspects of work.
Preferred Skills:
- Experience in a multinational corporation or similar fast-paced environment.
- Knowledge of other financial software systems and tools.
