Accounts Receivable Specialist

Job Summary The Accounts Receivable - AR Accountant is responsible for managing customer accounts, invoicing, collections, cash applications, account reconciliations, and outstanding receivables. The role requires hands-on experience with SAP ERP to ensure accurate financial transactions, timely collections, proper customer account management, and compliance with company policies and accounting standards. Key Responsibilities 1. Accounts Receivable Operations - Prepare, review, and process customer invoices, credit notes, debit notes, and other billing documents. - Maintain accurate customer account balances and AR records in SAP. - Monitor customer payments and ensure timely allocation of receipts against outstanding invoices. - Perform customer account reconciliations and resolve discrepancies. - Manage customer statements and respond to billing and payment inquiries. - Maintain accurate AR subledger records and ensure reconciliation with the general ledger. 2. SAP ERP Responsibilities - Use SAP FI-AR (Financial Accounting – Accounts Receivable) for customer master data, invoicing, incoming payments, and account clearing. - Process and monitor customer transactions using relevant SAP reports and standard transaction codes. - Perform customer open-item analysis, account clearing, and aging reviews. - Generate AR aging reports, customer balances, and outstanding invoice reports from SAP. - Investigate posting errors, payment discrepancies, and customer account issues. - Ensure accurate transaction posting and compliance with SAP authorization and internal control requirements. 3. Collections and Credit Control - Follow up with customers regarding overdue invoices and outstanding balances. - Prepare and maintain an accounts receivable aging report. - Coordinate with sales, customer service, and other departments to resolve collection disputes. - Escalate overdue accounts and potential bad debts to management. - Support credit limit monitoring and customer credit reviews, where applicable. 4. Reporting and Reconciliation - Prepare monthly AR reports, collection reports, and overdue balance analysis. - Reconcile AR subledger balances with the general ledger. - Support month-end and year-end closing activities. - Assist in calculating expected credit losses and identifying doubtful debts in accordance with company policy and applicable accounting standards. - Provide supporting schedules and documentation for internal and external audits. 5. Compliance and Process Improvement - Follow company accounting policies, internal controls, and applicable IFRS requirements. - Maintain complete documentation for invoices, receipts, reconciliations, and adjustments. - Identify opportunities to improve billing accuracy, collection efficiency, and SAP reporting. Qualifications and Experience - Bachelor's degree in Accounting, Finance, or a related field. - 2–3 years of experience in accounts receivable or general accounting. - Hands-on experience with SAP S/4HANA Finance is required. - Good knowledge of accounting principles, AR processes, and financial reporting. - Experience with customer reconciliation, cash application, collections, and aging analysis. - Proficiency in Microsoft Excel, including PivotTables, lookup functions, and data analysis. - Knowledge of IFRS and applicable tax regulations is preferred.