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Senior 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

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

Invoice booking and sales reconciliation (daily posting sales converters and interface invoices, sales reconciliation, resolving issues with missing invoices);

Bank statement booking and cash allocation (daily Bank Statements import, posting and reconciliation, collecting money by direct debit process, preparing unallocated cash reports, analyzing unallocated cash);

Month-end activities (ensuring all bank statements have been posted, 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 (participation in knowledge transfer meetings/checkpoints meetings together with Team Leader, preparing AR process overview for the business, highlighting and resolving issues encountered during transition);

Improvement process (continuously seek improvement opportunities for executed activities & highlight potential improvements);

Stakeholder management.

Creation of new customer (via csv import or manually)
Modification of existing customers (VAT group correction, Parent/child payer)
Support for less experienced co-workers

    Qualifications

    What are we expecting:

    Experience: Strong experience In finance area within BPO/SSC in AR department

    Languages: Very good English (both writing and speaking);

    Skills: Good knowledge of MS Office, especially Excel;

    Additional qualities: Diligence, reliability, attention to details and good organization skills; 

    Additional Information

    What we offer:

    • Flexible working hours
    • Hybrid work model
    • Attractive package of benefits: private medical care, Meal Vouchers (9,6 Euro/daily), annual bonus scheme
    • Possibility to develop yours career
    • International and creative work environment
    • Possibility to build processes and standards

    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 Senior Accountant OtC (Accounts Receivable), Eurofins

    Join Eurofins Scientific as a Senior Accountant OtC (Accounts Receivable) in the vibrant city of Braga, Portugal, where we are dedicated to making the world a safer and healthier place. In this role, you'll get to dive into customer invoicing and intercompany accounting which includes posting invoices and sending dunning letters to customers. You'll also handle daily sales reconciliation, tackle bank statement bookings, and cash allocations with precision. Our team relies on your expertise to ensure flawless month-end activities, including accrual postings and maintaining comprehensive cash reports. But it doesn't stop there! You'll also contribute to the improvement process, continuously seeking out better ways to execute activities while collaborating with various departments. If you have strong experience in finance within a BPO/SSC environment and outstanding organizational skills, you'll flourish in Eurofins' creative and international workplace. We believe in nurturing talent through career development opportunities, so feel free to apply even if you don’t meet every single requirement. Here at Eurofins, we embrace diversity, commit to sustainability, and support your journey in the finance world.

    Frequently Asked Questions (FAQs) for Senior Accountant OtC (Accounts Receivable) Role at Eurofins
    What responsibilities does a Senior Accountant OtC at Eurofins Scientific have?

    As a Senior Accountant OtC at Eurofins Scientific, you will manage customer invoicing and intercompany accounting, handle daily sales reconciliation, bank statement bookings, and cash allocations. Your role also involves month-end activities like accrual posting and bad debt calculation, as well as actively seeking improvement opportunities in processes and providing support to less experienced colleagues.

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    What qualifications are needed for the Senior Accountant OtC position at Eurofins Scientific?

    Eurofins Scientific expects candidates for the Senior Accountant OtC role to have strong experience in the finance area, particularly within a BPO/SSC environment, focusing on the Accounts Receivable department. Proficiency in English, good knowledge of MS Office (especially Excel), and qualities such as diligence, attention to detail, and strong organizational skills are essential.

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    What is the work environment like at Eurofins Scientific for a Senior Accountant OtC?

    Working as a Senior Accountant OtC at Eurofins Scientific means being part of an international and creative work environment. The company promotes a hybrid work model and supports flexible working hours, ensuring a balance between professional and personal life while embracing diversity and inclusion as a core value.

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    What benefits does Eurofins Scientific offer for the Senior Accountant OtC position?

    Eurofins Scientific offers a competitive package for Senior Accountant OtC employees, which includes private medical care, meal vouchers, an annual bonus scheme, and opportunities for career development. The company is committed to fostering a supportive work culture to enable your professional growth.

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    How does Eurofins Scientific support diversity and inclusion for a Senior Accountant OtC?

    At Eurofins Scientific, diversity and inclusion are cornerstones of our workplace culture. We actively prohibit discrimination and encourage everyone to bring their unique backgrounds to the team, fostering an environment of creativity and innovation through diverse perspectives, including in the Senior Accountant OtC role.

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    Common Interview Questions for Senior Accountant OtC (Accounts Receivable)
    Can you describe your experience with customer invoicing and intercompany accounting?

    In answering this question, focus on specific examples from your past experiences where you handled invoicing or accounting tasks. Highlight your attention to detail, accuracy, and any software you used to streamline the process, showcasing how these relate to the Senior Accountant OtC role at Eurofins Scientific.

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    How do you handle month-end close activities?

    Discuss your approach to month-end activities and reconcile processes. Be prepared to explain the steps you follow, tools you utilize, and how you ensure accuracy. Emphasize any experiences that required collaboration with other departments to finalize the close, which is vital for the Senior Accountant OtC role.

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    What challenges have you faced in accounts receivable management, and how did you overcome them?

    Share a specific challenge related to accounts receivable, detailing your approach to identifying the issue, implementing solutions, and the successful outcome. This shows your analytical skills and problem-solving capabilities, attributes sought after in the Senior Accountant OtC position at Eurofins.

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    How do you ensure accuracy when posting bank statements and managing cash allocations?

    Discuss the processes you have in place for accuracy, including how you double-check entries, reconcile discrepancies, and any software or tools that assist you. Providing examples gives insight into your reliability and precision in performing these crucial tasks.

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

    Explain your time management strategies, perhaps mentioning specific tools or methods you use to gauge priorities based on deadlines and importance. Highlight how you ensure that critical tasks, especially those aligned with the responsibilities of a Senior Accountant OtC, are handled efficiently.

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    What is your experience with ERP systems, particularly in finance?

    Mention any experience with ERP systems you've worked with, particularly how you've utilized them for accounts receivable tasks. If you have specific achievements or improvements you've implemented within these systems, share those to demonstrate your proficiency.

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    Describe your knowledge of process improvement in accounting.

    Discuss instances where you've identified opportunities for process improvements in your previous roles, detailing specific changes that resulted in time savings, increased accuracy, or enhanced teamwork. This showcases your proactive nature, important for the Senior Accountant OtC role at Eurofins.

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    How do you handle discrepancies in sales reconciliations?

    Explain your systematic approach to investigating discrepancies, including steps such as reviewing documentation, communicating with relevant stakeholders, and resolving issues. Providing a real-life example can strengthen your response and demonstrate your problem-solving skills.

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    What steps do you take to support less experienced colleagues?

    Highlight your mentoring or coaching experiences, including how you assess their needs, provide guidance, and ensure they feel supported in their roles. This aligns with Eurofins' commitment to teamwork and continuous development.

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    Why do you want to work for Eurofins Scientific as a Senior Accountant OtC?

    Show your enthusiasm for Eurofins as a company by referencing its mission and values. Share how your career goals align with the company's commitment to sustainability and diversity and how your skills make you a perfect fit for the Senior Accountant OtC role.

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    Full-time, hybrid
    DATE POSTED
    December 19, 2024

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