Lincoln Electric

Senior Specialist, Accounts Receivable

Lincoln Electric

full-time

Posted on:

Location Type: Office

Location: ChennaiIndia

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About the role

  • Post accounting transactions from bank statements into SAP accurately.
  • Investigate and resolve unapplied or unidentified payments promptly.
  • Responsible for vendor payments, customer refunds, cash forecasting and intercompany netting activities.
  • Ensure timely reconciliation of bank GL accounts with corresponding bank statements.
  • Responsible for month end activities and ensure AR confirmation has been provided as per MEC Calendar
  • Execute daily activities such as offsets, write-offs, refunds, and reversals in compliance with policies and procedures.
  • Respond to queries received through the generic mailbox in a timely manner.
  • Complete assigned tasks within agreed corporate timelines.
  • Communicate status updates, issues, and open items effectively and on time.
  • Facilitate internal and external audits by ensuring accurate records and responding to queries
  • Maintain trackers for activities, productivity, and KPIs.
  • Prepare and update process documentation regularly.
  • Collaborate with Regional, Business, and Financial Controllers and build strong stakeholder relationships.
  • Identify opportunities for process improvement, standardization, and transformation.

Requirements

  • 6 – 8 years in Cash Application
  • Bachelor’s or master’s degree in finance, Accounting or Commerce
  • Solid understanding of basic accounting principles, AR processes, MEC, and compliance requirements.
  • End user experience in SAP FICO module.
  • Proficient in Microsoft Office applications
  • Should have driven process improvement/transformation initiatives.
  • Excellent communication and experience in working with international customers.
  • Flexibility to work in shifts.
  • Preferably prior working experience of shared services environment.
Benefits
  • Lincoln Electric is an Equal Opportunity Employer
  • Committed to promoting equal employment opportunity
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
cash applicationaccounting principlesaccounts receivableprocess improvementSAP FICObank reconciliationvendor paymentscustomer refundscash forecastingintercompany netting
Soft Skills
communicationstakeholder relationshipsproblem-solvingtimelinessflexibilitycollaborationquery resolutiondocumentationaudit facilitationproductivity tracking