Accounts Receivable Lead Specialist
7 days ago
At Waystone, we lead the way in specialist services for the asset management industry, partnering with institutional investors, investment funds, and asset managers worldwide. With a comprehensive range of services and over 20 years' experience, we serve assets under management in excess of $2 trillion.
About the RoleWe are seeking an experienced Accounts Receivable Manager – Continental Europe to join our team, responsible for managing client billing processes, ensuring accuracy in fee calculations, and supporting financial reporting. The ideal candidate will have a strong understanding of fund structures, the ability to analyze and reconcile complex financial data, and excellent communication skills.
Main Responsibilities- Billing & Collections:
The Accounts Receivable Manager – Continental Europe will be responsible for managing and executing the billing and invoicing process for Continental Europe (Luxembourg and Switzerland), ensuring accuracy and timely delivery of invoices to clients in compliance with contractual agreements. This includes helping support and manage the process around finance customer master data for billing/invoicing purposes, answering queries in a professional manner, resolving billing discrepancies, disputes, and customer inquiries promptly, developing an understanding of GST/VAT requirements, and supporting the collections process by partnering with the Relationship Management and Credit Control teams.
- Reconciliations & Controls:
The Accounts Receivable Manager – Continental Europe will ensure that the correct policies and procedures have been followed within the prescribed controls in preparing billing calculations, follow the prescribed requirements for coding/preparing invoices in the Financial ERP system, perform cash allocations for remittance from customers in line with Group Policy and Procedures as part of the Bank Reconciliation process, and maintain accurate records of billing calculations and support internal audits.
- Reporting & Analysis:
The Accounts Receivable Manager – Continental Europe will participate in the generation of Accounts Receivable Analysis and KPIs in line with Group reporting requirements, prepare Aged Accounts Receivable Analysis to support the collections process for Continental Europe, manage the delivery of reporting around Aged Receivables and KPIs to the Country Leadership team, liaise with Legal Entity Financial Controllers and Record to Report Accountants at Month End to ensure Billing cut-off is achieved and all AR entries created from the billing process to the General Ledger are correctly accounted for and presented, and participate in the annual audit process including providing timely responses to queries as required.
The ideal candidate will have 5 to 7+ years of experience in an Accounts Receivable role with billing and collection responsibilities, proficiency in MS Excel, Word, and Outlook, and proficiency in using accounting software and ERP systems for AR functions. A professional accounting qualification is preferred, and the candidate must be able to manage multiple priorities and work under deadlines.
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