Financial Operations Specialist
hace 4 días
Company Overview
BorgWarner is a leading global automotive technology supplier. Our company is committed to delivering innovative, high-quality products that improve fuel efficiency and reduce emissions.
Salary
We offer a competitive salary of approximately $65,000 per year, commensurate with experience and qualifications.
Job Description
The Financial Operations Specialist will be responsible for managing the accounts receivable process, ensuring accurate and timely collection of payments from clients. This includes accruals accounting, ensuring proper entry and accounting of movements in monthly and annual closing processes, explaining and analyzing variations in balance sheet accounts and results, and complying with company policies and internal control guidelines.
Key Responsibilities:
- Accruals accounting (income, discounts, and customer charges)
- Ensure the entry and accounting of movements in the monthly and annual closing processes
- Explanation and analysis of variations in balance sheet accounts (accounts receivable) and results (income)
- Comply with company policies and follow internal control guidelines, adhering to accounting principles and the guidelines of the Sarbanes-Oxley Act (SOX)
- Perform accounts receivable management
- Sending invoices to clients who require it, as well as preparing manual invoices that are required
- Customer portals access to review invoice status, review estimated payment dates, and consult payment details (according to the information displayed by each portal)
- Payment application in SAP
- Preparation of Credit and Debit Notes if the client requires it prior to approval
- Perform tests on new system implementations (SAP, Promenta, Others) when required
- Follow-up on problems related to customer discounts caused by the quality and logistics areas
- Preparation of monthly reconciliations of accounts receivable, as well as the cleaning of items older than 2 years
- Preparation of corporate reports, monthly aging with explanations
- Preparation of monthly collection forecast
- Creation, extension, and changes of customer, cost center, and account information in Promenta
- Attention to control and financial audits applicable to your area
- Support in annual physical inventory activities of materials
- Support to different areas in accounting information/reports
- Follow-up on customer complaints with the materials and quality area
- Follow-up to OCI received by clients
- Entry of prices into SAP and tracking them with a breakdown of commodities
- Support in preparing quotes in the GQS system
Required Skills and Qualifications
To be successful in this role, you should have a bachelor's degree in finance or accounting, with at least 3 years of experience in accounts receivable management. You should have excellent analytical and problem-solving skills, as well as strong communication and interpersonal skills. Proficiency in SAP and Excel is also required.
Benefits
We offer a comprehensive benefits package, including health insurance, retirement plan, and paid time off. We also provide opportunities for professional growth and development, as well as a dynamic and inclusive work environment.
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