GL & Cash Application Accountant

Position Summary:

•    Perform accounting work assignments such as collecting, recording, classifying, examining, analyzing or reporting accounting transactions using generally accepted accounting principles.  
•    Perform the closing of legal entity general ledgers and submits accounting results to the corporate consolidation system (BP&C).
•    Will be the process owner for 1 or more areas:  Fixed Assets, Banks accounting, Intercompany accounting, Tax accounting, JEV accounting, KSS costing, rebates, reporting, Cash Application.
•    Read into the meaning of accounting records and reports.
•    Recommends improvements, adaptation or revision in accounting systems procedures and controls.
•    Ensure all customer payments (lockbox, ACH, wire, checks) are applied to the correct invoices within the agreed SLA
•    Keep unapplied cash and unidentified payments at a minimum
•    Resolve exceptions quickly by obtaining remittance details and collaborating with Collections and Customer Service
•    Provide visibility through reporting and reconciliation to ensure proper cash positioning and compliance with internal controls

Position Responsibilities:

•    Support the month-end closing process for different entities.
•    Perform general accounting. 
•    Responsible to verify, record and accounting transactions for different entities.
•    Perform account reconciliations and analytical procedures.
•    Perform a monthly review of the income statement and balance sheet.
•    Review and prepare month-end journal entries.
•    Data archiving and compliance with record management and internal and local controls and policies
•    Liaise with external and internal auditors for both periodic, quarterly and annual audits.
•    Liaise with key counterparts in FP&A, Production Finance, Credit and collection, Programming, and Business Operations to ensure alignment of activities and objectives.
•    Actively participate in the resolution of general accounting issues
•    Apply customer payments (lockbox, ACH, wire transfers, checks) to open invoices accurately and timely.
•    Process electronic remittance advice (EDI) and manual remittance details
•    Investigate and resolve unapplied cash, short payments, duplicate payments, and unidentified receipts
•    Manage on-account credits and ensure proper allocation
•    Reconcile daily bank statements with AR subledger and GL
•    Clear suspense accounts and ensure accurate cash positioning
•    Collaborate with Collections and Customer Service to resolve payment discrepancies
•    Contact customers for missing remittance information when needed
•    Monitor unapplied cash and provide aging reports
•    Track KPIs such as posting timeliness and accuracy
•    Support implementation of new tools or enhancements
•    Assist in the preparation and review of statutory compliance schedule.
•    Oversee accounting related accounts payable maintenance activities.
•    Prepare other analysis as required for special projects.
•    Prepare finance/accounting reports to finance areas overseas.

ADDITIONAL:
•    Support other finance on reporting 
•    Create and update work instructions 
•    Include and share best practices with other locations

Required Skills & Education:

Degree: Bachelor’s degree in accounting

Languages: English 80% (advanced)

Experience: Graduate with a minimum of 2 years of accounting experience

Schedule: M-F 07:30 AM to 5:00 PM (Hybrid Model 3 days office / 2 days home)

Work Place: La Perla - Mariano Otero
MS Office:  Excel  Mid level

ERP skills (SAP highly desirable)

Skillis:

•    Journal entry preparation and posting
•    Month-end and year-end closing processes
•    Account reconciliations (balance sheet, intercompany)
•    Knowledge of accruals, prepayments and fixed assets
•    Applying customer payments to invoices accurately
•    Handling unapplied cash and resolving discrepancies
•    Experience with lockbox, wire transfers, ACH, and checks
•    Knowledge of AR aging and cash flow impact
•    Proficiency in SAP, Oracle, or similar ERP systems
•    Familiarity with automated cash application tools
•    Preparing and reviewing financial statements
•    Supporting audits (internal and external)
•    Advanced Excel (VLOOKUP, Pivot Tables, formulas)
•    Ability to analyze large data sets for reconciliation
•    High accuracy in posting and applying payments
•    Ability to identify and resolve discrepancies quickly
•    Clear interaction with internal teams and external customers
•    Ability to explain variances and resolve payment issues
•    Managing deadlines for month-end close and daily cash application
•    Handling exceptions and complex accounting scenarios

Desired Skills:

Nor graduate with a minimum of 4 years of related work experience and prior experience with SAP