Senior Specialist Accounts Receivable
Lincoln Electric is the world leader in the engineering, design, and manufacturing of advanced arc welding solutions, automated joining, assembly and cutting systems, plasma and oxy-fuel cutting equipment, and has a leading global position in brazing and soldering alloys. Lincoln is recognized as the Welding Expert™ for its leading materials science, software development, automation engineering, and application expertise, which advance customers' fabrication capabilities to help them build a better world. Headquartered in Cleveland, Ohio, Lincoln Electric is a $4.2B publicly traded company (NASDAQ:LECO) with over 12,000 employees around the world, with operations in 71 manufacturing and automation system integration locations across 21 countries and maintains a worldwide network of distributors and sales offices serving customers in over 160 countries.
Location: Chennai
Req ID: 27934
Job Responsibilities
- 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.
Job 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.
Lincoln Electric is an Equal Opportunity Employer. We are committed to promoting equal employment opportunity for applicants, without regard to their race, color, national origin, religion, sex (including pregnancy, childbirth, or related medical conditions, including, but not limited to, lactation), sexual orientation, gender identity, age, veteran status, disability, genetic information, and any other category protected by federal, state, or local law.
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SAP, User Experience, Welding, Fabrication, ERP, Technology, Manufacturing