ROLE PURPOSE:

The role includes the operational responsibility for the following functions in North-America:

• Accounts Receivable
• Cash application
• Reporting

Key Objectives:

• Correction and reconciliation the daily transmission errors of bank files sent to AR module and post check images.
• Application of cash from payment methods like ACH Payments, Wire, Credit cards, etc.
• Correction and reconciliation of daily AR automatic invoice data from the legacy systems and Order Management to the AR module
• Entering of the manually completed invoices to the AR system
• Settlement of the invoice problem with the locations and the North-America Credit & Collections.
• Settlement of the problems of the customer payments with the locations, the North-America Credit & Collections and the banks
• Loading and daily matching of the bank statements, verification of them, entering of cash receipts into the AR module, statement reconciliation on a daily basis
• Matching and maintenances of items of customer’s account on the basis of the instructions received from the North-America Credit & Collections or the locations
• Cooperation with North-America Credit & Collections and the locations.
• Regular reconciliation and check of AR and suspense bank accounts of both AR and GL sub-ledger with the GL department
• Provide reports and statistics required by the locations
• Monthly closing
• Contributing to the development and improvement of AR procedures
• Responsibility for fulfilment of audit requirements related to his/her work in the area assigned to him/her and/or managed by him/her on AR basis