AR/AP Lead

Job Description

POSITION SNAPSHOT:

Location: Tehran /Iran;
Company: Nestlé;
Full-Time;

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 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 …

• Manage claims and deduction resolution through collaboration with sales, finance, marketing, physical logistics, and supply chain.
• Propose 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 customer accounts, and the generation of billing outputs.
• Generate billing documents manually when required.
• Conduct and provide collection analytics.
• Analyze customers’ accounts. Monitors account details for non-payments, delayed payments, and other irregularities.
• Reconcile account balance and open items with the customer.
• Conduct intensive collection activities based on the 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 for running 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 posting 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 documents in the system and follow up with requestors to clear them before the defined deadline.
• Reconcile account balance and open items with the suppliers.
• Manage master data for vendors and customers.
• Prepare GRIR to report and follow up with requestors to perform GR/deliver invoices on time.
• Check and validate SSO payback to the suppliers.

What Will Make You Successful?

• A university degree in Economics, Accountancy, Finance, or International Relations.
• At least 7 years of experience in accounting.
• Good analytical skills and very good communication skills (verbal and written) in English and Farsi.
• Able to handle multiple tasks.
• Ability to work under pressure.
• Results focus.
• Good at time management.
• Use a creative approach to problem-solving.
• Teamwork spirit.
• Eagar to learn new skills.
• Good analytical, planning, organizational, time-management, and communication skills.