Accounts Receivable and Accounts Payable Specialist

The Accounts Receivable and Accounts Payable Specialist at Simulmedia is responsible for overseeing customer invoices, managing payment collections, processing vendor invoices, and ensuring timely payments. This includes reconciling accounts, handling discrepancies, monitoring overdue accounts, and contributing to financial record maintenance, expense management, and compliance with U.S. GAAP.

Applicants for the Accounts Receivable and Accounts Payable Specialist position at Simulmedia should possess strong analytical and problem-solving skills, advanced proficiency in accounting software like QuickBooks or NetSuite, and a solid understanding of general accounting principles. Strong written and verbal communication skills in English are also essential for effective collaboration across our remote teams.

To apply for the Accounts Receivable and Accounts Payable Specialist role at Simulmedia, candidates should have a Bachelor’s degree in Accounting, Finance, or a related field, along with 3-5 years of relevant experience in accounts receivable and accounts payable, specifically within a U.S.-based company. Familiarity with Ukrainian tax laws is preferred but not mandatory.

The Accounts Receivable and Accounts Payable Specialist plays a critical role in ensuring tax compliance and accurate financial reporting at Simulmedia. This includes preparing and submitting required financial documentation in accordance with applicable regulations and U.S. GAAP, as well as assisting with audits and addressing auditor inquiries.

Collaboration is key for the Accounts Receivable and Accounts Payable Specialist at Simulmedia. You will work closely with both U.S. and Ukraine-based teams, maintaining open communication to align financial operations. Your insights will also help implement process improvements and contribute to key financial initiatives, enhancing overall efficiency.

To ensure accuracy in managing accounts receivable and accounts payable, I prioritize attention to detail and a methodical approach. I utilize accounting software to track transactions meticulously, regularly reconcile accounts, and thoroughly review invoices and payment terms before processing them.

In my previous roles, I was actively involved in month-end close processes where I ensured all financial transactions were recorded accurately. I collaborated with finance teams to prepare journal entries and reconciliations, contributing to comprehensive financial reporting that aligns with company standards.

When handling discrepancies, I first investigate the issue by reviewing relevant documentation and coordinating with involved parties. Clear communication plays a vital role; I ensure all stakeholders are informed of the progress until the discrepancy is resolved efficiently.

I have used various accounting software, including QuickBooks and NetSuite. My proficiency allows me to comfortably navigate processes such as invoicing, reconciliations, and financial reporting, which enhances my efficiency in accounts management.

In a fast-paced environment, I prioritize tasks based on urgency and impact. I maintain detailed to-do lists and utilize project management tools that help me keep track of deadlines, ensuring that critical financial operations are addressed promptly without compromising quality.

I have significant experience in budgeting and forecasting, where I analyze financial data to project revenues and expenses. I collaborate with finance teams to prepare budgets that align with strategic goals while ensuring we continually assess performance against these budgets.

I approach tax compliance and financial reporting with meticulousness. I stay updated on tax regulations and ensure all financial records and reports adhere to applicable laws and U.S. GAAP. Regular audits and collaboration with external accountants help maintain accuracy and compliance.

In my previous role, I noticed inefficiencies in invoice processing. I spearheaded the implementation of an automated invoicing system that streamlined the workflow, reduced human error, and significantly decreased processing time, ultimately enhancing our overall accounts payable performance.

To reduce DSO, I focus on proactive communication with clients regarding payment due dates and foster timely follow-ups on overdue accounts. I also analyze payment patterns to identify issues and implement improved payment terms or discounts to encourage prompt payments.

To ensure effective collaboration with remote teams, I prioritize regular communication through video calls and messaging platforms. I establish clear expectations and use collaborative tools that allow everyone to stay informed, ensuring alignment on financial goals regardless of location.