Position Overview:The Accounts Receivable and Accounts Payable Specialist will be integral to managing the day-to-day financial operations of Simulmedia. You will work closely with both U.S. and Ukraine-based finance teams to process financial transactions, manage invoices, and assist with accounting and finance tasks. The role requires a solid accounting background, including experience in accounts receivable and accounts payable, journal entries, and month-end close processes, as well as exposure to financial and revenue operations. You will also contribute to budgeting, forecasting, variance analysis, and expense management.
Key Responsibilities:
● Accounts Receivable & Accounts Payable Management:
○ Oversee and process customer invoices, payment collections, and reconciliation of customer accounts.
○ Process vendor invoices, verify payment terms, and ensure timely payments to avoid penalties.
○ Handle discrepancies between accounts, vendors, and clients in a professional and timely manner.
○ Monitor overdue accounts and implement strategies to reduce days sales outstanding (DSO).
● Accounting & Financial Support:
○ Prepare and maintain accurate financial records, including general ledger entries, journal entries, and reconciliations.
○ Assist in month-end and year-end close processes, ensuring all financial transactions are properly recorded.
○ Collaborate with senior finance team members to ensure proper accounting for expenses and accurate financial reporting.
○ Help manage cash flow and financial planning activities to support overall financial health.
● Revenue & Financial Operations:
○ Assist in pipeline management and the tracking/reporting of revenue and financial performance.
○ Support budget-to-variance analysis, identifying discrepancies and contributing insights for corrective actions.
● Compliance & Reporting:
○ Ensure tax compliance regulations with appropriate jurisdictions as applicable.
○ Assist in the preparation and submission of required financial reports and documentation, ensuring they comply with U.S. GAAP.
○ Assist with audits and respond to internal/external auditor inquiries as necessary.
● Team Collaboration & Process Improvement:
○ Collaborate with both U.S. and Ukraine-based teams to maintain open communication and alignment across departments.
○ Provide insights and contribute to process improvements to streamline accounting and financial operations.
○ Participate in key financial initiatives and provide support for special projects as needed.
Qualifications:
● Experience:
○
3-5 years of experience in accounts receivable, accounts payable, and general accounting for a
U.S.-based company.
○ Strong background in U.S. GAAP and general accounting principles.
● Education:
○ Bachelor’s degree in Accounting, Finance, or a related field.
● Skills:
○ Proficiency in accounting software (QuickBooks, NetSuite, or similar) and advanced Microsoft Excel skills.
○ Excellent written and verbal communication skills in English.
○ Strong analytical and problem-solving skills with a keen attention to detail.
○ Experience in budgeting, forecasting, and financial analysis preferred.
● Additional Qualifications:
○ Familiarity with Ukrainian tax laws is a plus but not required.
○ Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
○ Experience working with remote teams is preferred.
