Job details

Accounts Receivable Specialist

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Company Description

KOSTAL Group is a global, family-owned German company that develops market-leading solutions for the solar and automotive industries. The company has been established in 1912 and employs about 20 000 people at 47 locations in 22 countries. In Hungary, KOSTAL is about to build its first business service centre to provide business support in IT, finance, procurement, master data, sales and HR fields. This will be a global centre with high value-added and complex processes.

Job Description

Overall Purpose of Job:

The role is in charge of facilitating, posting and clearing all third party customer payments for the entities in scope. Provide accurate and up to date financial information to both internal (sales, treasury, etc) and external (customer, auditor, authorities, etc) parties on an established regular basis as well as in response to ad-hoc requests. Facilitate dispute resolution and maintain clean and up-to-date account balances through inter-departmental cooperation and provide simplification ideas and troubleshooting of finance processes via root cause analysis.

Main tasks, roles and responsibilities:

Involved in and actively shape the transition of accounting processes from European entities to Hungary.
Involved in day-to-day operations in the following process areas
Credit management
Invoicing
Incoming payment processing
Collection management & dunning
Customer disputes
AR Closing and periodical activities
Adherent to agreed service levels, policies and procedures as well as internal controls
Discover, evaluate and resolve issues
Identify and work on process improvements
Engage in collaboration with the business and stakeholders to develop a professional relationship
Be the ambassador of our organization towards our Customers
Ensure that all process manuals/relevant work instructions are created and updated on a regular basis

Qualifications

Education:

University or college degree in Finance & Accounting, Economics, Business Administration or experience in Finance & Accounting field

Work experiences – time/seniority/ sector:

Strong AR knowledge with at least 3 years finance operations role, in SSC
Experience in a service driven, customer-oriented environment

Technical/ IT knowledge:

Good knowledge of Microsoft Office tools
Good knowledge of SAP FI Module

Language – with level

Fluent in English
Spanish is nice to have

Required Skills and Competencies:

Communication, interpersonal and analytical skill
Proactive and outcome-focused attitude
Self- motivation

Additional Information

Flexible working conditions with remote work possibility (in-person presence is required from time to time), you can have a real work-life balance
Modern, newly renovated, sustainable office with parking space and bicycle storage area in the heart of Budapest
Competitive salary, benefits and compensation packages (Medicover health insurance, bonuses, an extra day off on your birthday, eyeglasses contribution)
Supportive, diverse and highly skilled community
Ability to really make a difference and build new processes from scratch, you can participate in the formation and shape of the BSC processes
KOSTAL is a dynamically developing company (10-20% yearly growth in the automotive and solar industry), an independent, family-run business which provides much flexibility
You can enjoy our value-oriented work culture: we are down-to-earth, appreciative, inspiring and innovative

What You Should Know About Accounts Receivable Specialist , KOSTAL Group

Are you ready to take your finance career to the next level? KOSTAL Group, a renowned global leader in the solar and automotive industries, is seeking an Accounts Receivable Specialist to join our exciting new business service center in Budapest, Hungary. Established in 1912, KOSTAL remains a family-owned enterprise, thriving through a culture of innovation and collaboration with over 20,000 employees worldwide. In this dynamic role, you'll be at the forefront of managing third-party customer payments, ensuring accuracy, and providing vital financial information to our internal teams and external stakeholders alike. Your responsibilities will include credit management, invoicing, payment processing, and facilitating resolutions for customer disputes. You will play a crucial role in the transition of accounting processes from various European entities to Hungary while engaging closely with colleagues to foster positive professional relationships. We value proactivity, communication, and analytical skills, so if you’re someone who thrives in a collaborative environment and is eager to contribute to process improvements, we want to hear from you! Plus, you can expect a flexible work schedule, competitive benefits, and the opportunity to help shape our new processes and culture. If you have at least three years of finance operations experience and a passion for customer service, consider joining our supportive and diverse community at KOSTAL and making a real impact.

Frequently Asked Questions (FAQs) for Accounts Receivable Specialist Role at KOSTAL Group

What are the main responsibilities of an Accounts Receivable Specialist at KOSTAL Group?

The Accounts Receivable Specialist at KOSTAL Group is responsible for managing customer payments, processing invoices, and resolving disputes. This role includes credit management, incoming payment processing, and ensuring accurate account balances through inter-departmental collaboration. You'll be tasked with providing financial information to both internal and external parties while actively participating in the transition of processes to the new business service center in Hungary.