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Accounting Specialist - job 2 of 2

About the company:

Our client is the operational arm of a corporation, managing its global portfolio of wholly owned software companies, providing mission-critical solutions across multiple verticals. By implementing industry best practices, it delivers a time-sensitive integration process, and the operation of a decentralized model has allowed it to become a hub for creating rapid growth by reinvesting in its portfolio.

 

Job Purpose:
The Accounting Specialist is responsible for managing transactional accounting processes, ensuring accuracy in accounts payable (AP) and accounts receivable (AR), and maintaining financial records. This role plays a key part in ensuring the timely processing of invoices, payments, and reconciliations while supporting financial reporting and compliance 
requirements.

 

Key Responsibilities:Accounts 

Payable (AP) Management:

  • Process vendor invoices, ensure accuracy, and match with purchase orders
  • Manage payment schedules, process payments (wire transfers), and resolve discrepancies
  • Maintain relationships with vendors and negotiate payment terms

Accounts Receivable (AR) Management:

  • Generate customer invoices based on contracts and agreements
  • Process incoming payments and reconcile with outstanding receivables
  • Follow up with customers on overdue invoices and implement collection strategies
  • Review and reporting of A/R Aging

Bank Reconciliation & Expense Management:

  • Perform bank reconciliations and ensure accurate posting of transactions.
  • Reconcile credit card expenses, employee reimbursements, and travel expense reports

General Accounting & Compliance:

  • Maintain accurate records in Netsuite (ERP System), ensuring all transactions are properly documented
  • Assist in month-end, quarter-end and year-end closing activities, including journal entries and account reconciliations
  • Ensure adherence to internal controls, accounting standards (GAAP/IFRS), and audit requirements

Key Skills & Qualifications:

  • Strong knowledge of AP/AR processes, reconciliations, and financial record-keeping
  • Excellent attention to detail and problem-solving skills.
  • Strong skills in Microsoft Excel (pivot tables, VLOOKUP, formulas).
  • Ability to handle multiple tasks and deadlines in a fast-paced environment.
  • Strong interpersonal and communication skills for vendor and customer interactions
  • Fluent in German and in English, any other language is a plus

Average salary estimate

$60000 / YEARLY (est.)
min
max
$50000K
$70000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Accounting Specialist, Avomind

Join our client as an Accounting Specialist, and be at the forefront of a corporation that manages a dynamic portfolio of software companies, delivering mission-critical solutions across various industries. In this role, you’ll take charge of transactional accounting processes, playing a crucial part in maintaining precision in accounts payable (AP) and accounts receivable (AR). You’ll ensure timely processing of invoices and payments while supporting financial reporting and compliance requirements. Imagine processing vendor invoices and managing payment schedules, all while building strong relationships with vendors and negotiating favorable terms. You’ll generate customer invoices and implement effective collection strategies to stay ahead of overdue accounts. A key part of your day-to-day will involve performing meticulous bank reconciliations and ensuring all transactions are accurately recorded in Netsuite. You’ll assist with month-end, quarter-end, and year-end closing activities, ensuring your company adheres to accounting standards and internal controls. If you have a sharp eye for detail, a knack for problem-solving, and skills in Microsoft Excel, all while fluent in both German and English, this opportunity is perfect for you. Embark on a rewarding journey to contribute to a company that prizes growth and innovation in the ever-evolving tech landscape.

Frequently Asked Questions (FAQs) for Accounting Specialist Role at Avomind
What does an Accounting Specialist do at our client?

As an Accounting Specialist at our client, you will manage critical transactional accounting processes, including the accurate handling of accounts payable (AP) and accounts receivable (AR). You'll process invoices, manage payment schedules, generate customer invoices, and ensure timely reconciliations, all while supporting compliance and financial reporting requirements.

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What qualifications are needed for the Accounting Specialist position at our client?

To qualify for the Accounting Specialist position at our client, you should possess strong knowledge of AP and AR processes, have excellent attention to detail, and be skilled in Microsoft Excel. Additionally, proficiency in both German and English is required, while fluency in other languages is a plus.

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What are the key responsibilities of an Accounting Specialist at our client?

The key responsibilities of an Accounting Specialist at our client include managing accounts payable and receivable, executing bank reconciliations, processing vendor payments, generating invoices, and ensuring compliance with accounting standards. You'll play a vital role in the financial health of the organization by overseeing accurate record-keeping and supporting audits.

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How does the Accounting Specialist role support the company’s mission?

The Accounting Specialist role supports our client’s mission by ensuring that the financial records are accurate and up-to-date, which facilitates timely decision-making and operational efficiency. This role plays a vital part in maintaining financial health, enabling the company to focus on growth and delivering essential solutions to its customers.

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What skills are important for success as an Accounting Specialist at our client?

Success as an Accounting Specialist at our client hinges on strong analytical skills, meticulous attention to detail, proficiency in Microsoft Excel, and excellent interpersonal communication skills. The ability to manage multiple tasks in a fast-paced environment is also crucial.

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Common Interview Questions for Accounting Specialist
Can you describe your experience with accounts payable processes?

When discussing your experience with accounts payable, focus on specific tasks such as processing vendor invoices, handling discrepancies, and negotiating payment terms. Illustrate your problem-solving approach to resolving payment issues and how you build relationships with vendors.

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How do you ensure accuracy in accounting records?

To ensure accuracy in accounting records, detail your process for cross-verifying transactions and maintaining meticulous documentation. Discuss your experience using software like Netsuite or Excel for reconciliations and how you help prevent errors.

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What strategies do you use for managing overdue accounts?

Share your strategy for managing overdue accounts, which may include timely follow-ups, implementing payment plans, and leveraging communication skills to handle customer interactions effectively. Use examples from your past experiences to illustrate your approach.

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How do you prioritize tasks in a fast-paced environment?

Highlight your strategies for prioritizing tasks, such as creating daily to-do lists, using project management tools, and setting deadlines. Emphasize your ability to adapt to changing priorities and maintain productivity.

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Can you explain how you handle bank reconciliations?

Explain the steps you take for bank reconciliations, including reviewing statements for discrepancies, matching transactions, and ensuring records are accurately posted. You could also bring in how you address any issues that arise during this process.

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What accounting software are you familiar with?

Discuss your familiarity with accounting software such as Netsuite, QuickBooks, or any other relevant ERP systems. Provide examples of how you've utilized these tools to manage financial records and streamline processes.

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How do you maintain compliance with accounting standards?

Provide insight into your knowledge of compliance requirements and how you ensure adherence to GAAP or IFRS standards. Discuss any experiences with audits or internal controls that demonstrate your commitment to compliance.

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What role does communication play in your work as an Accounting Specialist?

Discuss the importance of communication in your role as an Accounting Specialist, detailing how you interact with vendors, customers, and internal teams. Highlight your interpersonal skills and how they help you resolve issues and foster relationships.

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How do you manage financial reporting tasks?

Describe your experience in preparing financial reports, including your process for gathering data and ensuring accuracy. You may want to mention specific types of reports you've created and the impact they had on decision-making.

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Why do you want to work as an Accounting Specialist with our client?

Convey your enthusiasm for the Accounting Specialist role by discussing your appreciation for the company’s mission and your alignment with their values. Express how your skills and background make you a great fit for contributing to their ongoing success.

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Avomind is a platform connecting graduates and senior alumni from leading academic institutions with fast-growing firms. Our mission is to connect high-caliber candidates with impactful opportunities.... Our global network is built up of partnersh...

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Full-time, remote
DATE POSTED
April 7, 2025

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