Job Description

The AR and AP Controller will be responsible for overseeing the accounts receivable and accounts payable functions, ensuring accurate and timely processing of transactions. This role also includes managing cash flow, optimizing working capital, and maintaining strong relationships with vendors and customers.
Key Responsibilities:
Accounts Receivable (AR):

• Oversee the entire accounts receivable process, including invoicing, collections, and reconciliation.
• Monitor customer accounts for delayed payments and follow up on outstanding invoices.
• Develop and implement strategies to improve the AR process and reduce days sales outstanding (DSO).
• Prepare and analyze AR aging reports to identify and address potential issues.
• Collaborate with the sales and customer service teams to resolve billing disputes and discrepancies.

Accounts Payable (AP):

• Manage the accounts payable process, including invoice verification, approval, and payment processing.
• Ensure timely and accurate payment of vendor invoices and employee expense reports.
• Maintain strong relationships with vendors and negotiate payment terms to optimize cash flow.
• Reconcile AP sub-ledger to the general ledger and resolve any discrepancies.
• Prepare and analyze AP aging reports to ensure timely payments and avoid late fees.

Cash Management:

• Monitor and manage the company''s cash flow to ensure sufficient liquidity for operational needs.
• Prepare cash flow forecasts and provide regular updates to senior management.
• Optimize working capital by managing the timing of cash inflows and outflows.
• Ensure compliance with internal controls and company policies related to cash management.

General Responsibilities:

• Prepare and present financial reports related to AR, AP, and cash management to senior management.
• Assist in the development and implementation of financial policies and procedures.
• Participate in month-end and year-end closing activities, including account reconciliations and financial statement preparation.
• Support internal and external audits by providing necessary documentation and explanations.
• Continuously seek opportunities to improve processes and increase efficiency within the finance department.

Qualifications:

• Bachelor''s degree in Accounting, Finance, or a related field.
• Proven experience in accounts receivable, accounts payable, and cash management.
• Strong analytical skills and attention to detail.
• Excellent communication and interpersonal skills.
• Proficiency in accounting software and Microsoft Office Suite.
• Ability to work independently and as part of a team in a fast-paced environment.

Working Conditions:

• Hybrid working conditions. Office three/four days a week at the discretion of the Finance Controller/CFO.