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Accountant OtC (Accounts Receivable)

Company Description

Eurofins Scientific is an international life sciences company, providing a unique range of analytical testing services to clients across multiple industries, to make life and our environment safer, healthier and more sustainable. From the food you eat, to the water you drink, to the medicines you rely on, Eurofins laboratories work with the biggest companies in the world to ensure the products they supply are safe, their ingredients are authentic, and labelling is accurate.

Eurofins is dedicated to delivering testing services that contribute to the health and safety of society and the planet, and to its corporate responsibility to protect the environment and ensure diversity, equity, and inclusion across the entire network of Eurofins companies.
 

Job Description

As an Accountant OtC, you will support with the following: 

Customer invoicing and intercompany accounting: posting invoices, posting manual ICO recharge invoices, sending dunning letters to the customers.

Invoice booking and sales reconciliation: posting sales converters and interface invoices daily, sales reconciliation, resolving issues with missing invoices.

Bank statement booking and cash allocation: bank statements importing, posting and reconciliation, collecting money by direct debit process, preparing unallocated cash reports, analysing unallocated cash with FCs.

Month-end activities: ensuring all bank statements have been posted in EOM, monthly bank reconciliation, sales reconciliation, accruals posting, bad debt calculation.

Knowledge maintenance: updating process catalogues and propose adequate changes in cooperation with proper company departments.

Transition involvement: participating in knowledge transfer meetings/checkpoints meetings together with team leaders, preparing the AR process overview for the business, highlighting and resolving issues encountered during transition.

Improvement process: continuously seeking improvement opportunities for executed activities & highlighting potential improvements.

Stakeholder management. creating new customers (via csv import or manually), modifying existing customers (VAT group correction, parent/child payer), support less experienced co-workers.

Qualifications

What are we expecting:

Experience: In finance within BPO/SSC is an asset, preferably in AR department.

Languages: Very good English (both written and spoken).

Skills: Good knowledge of MS Office, especially Excel.

Additional qualities: Diligence, reliability, attention to details and good organisation skills.

    Additional Information

    What we offer:

    • Flexible working hours
    • Hybrid work model
    • Attractive package of benefits: private medical care, meal vouchers (9.6 euro/day), annual bonus scheme
    • Career development
    • International and creative work environment

    We support your development! Do you feel you don’t match 100% of the requirements? Don’t hesitate to apply anyway! Eurofins companies are committed to supporting your career development.

    We embrace diversity! Eurofins network of companies believe in strength and innovation through diversity, being an Equal Opportunity Employer. We prohibit discrimination against employees or applications based on gender identity and/or expression, race, nationality, age, religion, sexual orientation, disability, and everything else that makes employees of Eurofins companies unique.

    Sustainability matters to us!  We are well on our way to achieving our objective of carbon neutrality by 2025, through a combination of emission reduction and compensation initiatives. We encourage our laboratory leaders to make sustainable changes at their local level, and in addition to their initiatives we also count on our dedicated carbon reduction team to help us to achieve this goal!

    Find out more in our career page: https://careers.eurofins.com/

    Company description: Eurofins Scientific is an international life sciences company, providing a unique range of analytical testing services to clients across multiple industries, to make life and our environment safer, healthier and more sustainable. From the food you eat, to the water you drink, to the medicines you rely on, Eurofins laboratories work with the biggest companies in the world to ensure the products they supply are safe, their ingredients are authentic and labelling is accurate.

    The Eurofins network of companies is the global leader in food, environment, pharmaceutical and cosmetic product testing and in discovery pharmacology, forensics, advanced material sciences and agroscience contract research services. It is one of the market leaders in certain testing and laboratory services for genomics, discovery pharmacology, forensics, advanced material sciences and in the support of clinical studies, as well as having an emerging global presence in Contract Development and Manufacturing Organisations. It also has a rapidly developing presence in highly specialised and molecular clinical diagnostic testing and in-vitro diagnostic products.

    In over 35 years, Eurofins has grown from one laboratory in Nantes, France to 62,000 staff across a decentralised and entrepreneurial network of ca. 900 laboratories in 61 countries. Eurofins companies offer a portfolio of over 200,000 analytical methods to evaluate the safety, identity, composition, authenticity, origin, traceability and purity of biological substances and products.

    In 2023, Eurofins generated total revenues of EUR 6,515 million, and has been among the best performing stocks in Europe over the past 20 years.

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    What You Should Know About Accountant OtC (Accounts Receivable), Eurofins

    As an Accountant OtC at Eurofins Scientific in Braga, Portugal, you'll play a crucial role in ensuring our financial operations run smoothly and transparently. Your responsibilities will include managing customer invoicing and intercompany accounting by posting invoices and sending reminder letters to clients when needed. You'll also be diving deep into invoice booking and sales reconciliation, where you'll handle posting of sales converters and troubleshoot any missing invoices that may arise. Don't worry—you won't be in this alone; you'll collaborate with a fantastic team to manage month-end activities, ensuring everything from bank statements to accruals is accurate and accounted for. We pride ourselves on continuous improvement, so you’ll have the opportunity to suggest process enhancements that can lead to greater efficiency. Engaging with various stakeholders to create and manage customer accounts will foster your organizational skills and allow you to help less experienced colleagues gain confidence in their roles. Here at Eurofins, we believe that your success is our success, which is why we offer a flexible working environment, competitive benefits, and career development opportunities. If you’re attentive to detail, well-organized, and have a knack for numbers, we’d love to see you bring your expertise to our passionate team!

    Frequently Asked Questions (FAQs) for Accountant OtC (Accounts Receivable) Role at Eurofins
    What are the main responsibilities of an Accountant OtC at Eurofins Scientific?

    As an Accountant OtC at Eurofins Scientific, your main responsibilities will include customer invoicing, intercompany accounting, and daily sales reconciliation. Moreover, you’ll handle bank statement posting and cash allocation, ensuring month-end activities are completed efficiently. You'll be an integral part of the finance team, helping to maintain accurate financial records and improve processes.

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    What qualifications do you need to apply for the Accountant OtC position at Eurofins Scientific?

    To apply for the Accountant OtC position at Eurofins Scientific, you should have experience in finance, preferably in an AR department or a BPO/SSC environment. A strong command of English, both written and spoken, is essential, along with good MS Office skills, particularly Excel. Qualities like diligence, reliability, and attention to detail are also highly valued.

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    What working conditions can I expect as an Accountant OtC at Eurofins Scientific?

    At Eurofins Scientific, you can expect flexible working hours and a hybrid work model that promotes a healthy work-life balance. The company prides itself on providing an attractive benefits package, including private medical care, meal vouchers, and an annual bonus scheme, making it an appealing place to grow your career.

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    How does Eurofins Scientific promote career development for the Accountant OtC role?

    Eurofins Scientific is committed to supporting career development, offering opportunities for growth that align with your professional goals. You’ll benefit from a creative and international work environment where you can take advantage of various training programs and mentorship opportunities to further hone your skills as an Accountant OtC.

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    What does the transition involvement entail for an Accountant OtC at Eurofins Scientific?

    Participation in transition involvement as an Accountant OtC at Eurofins Scientific involves attending knowledge transfer and checkpoint meetings with team leaders. You'll work collaboratively to streamline AR processes, address challenges, and ensure a seamless transition of responsibilities and workflows.

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    Common Interview Questions for Accountant OtC (Accounts Receivable)
    What experience do you have in accounts receivable and how does it apply to the role of Accountant OtC?

    When answering this question, highlight your previous roles in accounts receivable, discussing specific tasks you've handled. Mention any tools or software you've used, the volume of transactions you managed, and how your contributions improved efficiencies or accuracy in your past positions.

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    Can you explain your process for reconciling customer accounts?

    Describe your typical reconciliation steps, from gathering data to resolving discrepancies. Emphasize your attention to detail and organizational skills, and provide an example of a challenging account reconciliation you successfully managed.

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    How do you prioritize your workload when dealing with multiple financial deadlines?

    Discuss your methods for prioritizing tasks, such as creating to-do lists, using project management tools, or setting timelines. Provide an example of a busy period where you effectively managed competing deadlines, focusing on your time management strategies.

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    What improvements have you suggested or implemented in your previous finance roles?

    Talk about specific instances where you've identified inefficiencies or areas for improvement in financial processes. Describe the steps you took to propose these changes and the positive results that followed, underscoring your proactive approach.

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    How do you ensure accuracy in your financial reporting?

    Explain your strategies for ensuring accuracy, such as double-checking data, seeking peer reviews, or utilizing software tools for error detection. Offer examples where your attention to detail led to successful auditing or error-free financial reporting.

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    Describe your experience with financial software and Excel.

    Discuss the financial software programs you are proficient in and how you've utilized Excel in your previous roles. Include any advanced functions or features you've used, which demonstrates your technical skills, especially in relation to the Accountant OtC position.

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    How do you handle a difficult client regarding overdue payments?

    Outline your approach to managing difficult conversations, emphasizing active listening, empathy, and clear communication. Provide a specific example that illustrates how you effectively handled such a situation to achieve a positive outcome.

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    What techniques do you use to track unallocated cash?

    Explain your methods for tracking unallocated cash, including any software tools you prefer to use. Highlight your analytical skills and describe a situation where your tracking led to resolving an unallocated cash issue.

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    What motivates you to work in accounts receivable?

    Share your passion for numbers and finance, as well as how fulfilling you find the process of streamlining financial operations and helping clients. Convey how the role of Accountant OtC aligns with your career goals and values.

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    How do you stay updated with changes in financial regulations?

    Discuss the resources you utilize to keep abreast of changes in financial regulations, such as attending workshops, or subscribing to financial newsletters. Emphasize the importance of compliance to your work, and provide examples of how you've adapted to changes in the past.

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    Full-time, hybrid
    DATE POSTED
    December 19, 2024

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