MEA Finance Operations Specialist -O2C

Job Description

Job Description:

Key Responsibilities

Shared Services Performance

• Ensuring timely cash application by downloading daily bank statements, Post and apply unapplied payments, contact customer and resolve unapplied/unidentified payment issues.

• Communicate with internal and external customers in an effective and efficient manner.

• Dispute / deductions management - Determination and creation of disputes; resolution of unearned payment discounts.

• Periodic/Weekly reconciliation with customers to resolve all outstanding issue.

• Responsible to manage period close tasks related to AR and month end reporting such AR aging and bad debts.

• Collaborates with Sales and Customer Service Teams to ensure aligned Cash objectives. Also work with Distributors to ensure Payment Terms adherence

• Partner with Supply chain team to contract on shipments phasing and communicate the weekly tracker to all stakeholders

Continuous Improvement

• Report and Analyze A/R aging, by monthly/daily AR GL reconciliations and ensure timely submission AR related Balance sheet accounts reconciliation through Blackline.

• Timely and accurate processing – take ownership and initiative until transaction is successfully and accurately processed.

• Monthly reconciliation of statement of accounts with the sales team & ensuring all accounts are up to date and maintained.

• Keep the procedures up to date, feedback any changes to Service offering to line manager

• Identifies areas for improvement within the O2C area, apply synergies and standardization

• Balance Sheet reconciliation on periodic basis by providing, communicating BS Backups to S&F Stakeholders.

Governance & Internal Controls

• Monthly reconciliation of statement of accounts with the sales team & ensuring all accounts are up to date and maintained.

• Reconciling and balancing accounts at period end (Blackline) including submission of the data.

• Establish and maintain a control environment for the processes represented by MFS. • Follow the accounting practices as described in Mars Finance Manual.

Education & Professional Qualification

B.A. /B.S. with Accounting or similar concentration.

Knowledge/Experience

• 3-5 years of experience