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 the 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, and monitor the payment plan agreed with the customer.
• Review and propose credit parameters for the 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 the 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.
• Eager to learn new skills.
• Good analytical, planning, organizational, time-management, and communication skills.