GL & Cash Application Accountant

Carestream Health•Jal, NM

3d•Hybrid

About The Position

Position Summary:• Perform accounting work assignments such as collecting, recording, classifying, examining, analyzing or reporting accounting transactions using generally accepted accounting principles. • Perform the closing of legal entity general ledgers and submits accounting results to the corporate consolidation system (BP&C).• Will be the process owner for 1 or more areas: Fixed Assets, Banks accounting, Intercompany accounting, Tax accounting, JEV accounting, KSS costing, rebates, reporting, Cash Application.• Read into the meaning of accounting records and reports.• Recommends improvements, adaptation or revision in accounting systems procedures and controls.• Ensure all customer payments (lockbox, ACH, wire, checks) are applied to the correct invoices within the agreed SLA• Keep unapplied cash and unidentified payments at a minimum• Resolve exceptions quickly by obtaining remittance details and collaborating with Collections and Customer Service• Provide visibility through reporting and reconciliation to ensure proper cash positioning and compliance with internal controls

Requirements

Degree: Bachelor’s degree in accounting
Languages: English 80% (advanced)
Experience: Graduate with a minimum of 2 years of accounting experience
Schedule: M-F 07:30 AM to 5:00 PM (Hybrid Model 3 days office / 2 days home)
Work Place: La Perla - Mariano Otero
MS Office: Excel Mid level
ERP skills (SAP highly desirable)
Journal entry preparation and posting
Month-end and year-end closing processes
Account reconciliations (balance sheet, intercompany)
Knowledge of accruals, prepayments and fixed assets
Applying customer payments to invoices accurately
Handling unapplied cash and resolving discrepancies
Experience with lockbox, wire transfers, ACH, and checks
Knowledge of AR aging and cash flow impact
Proficiency in SAP, Oracle, or similar ERP systems
Familiarity with automated cash application tools
Preparing and reviewing financial statements
Supporting audits (internal and external)
Advanced Excel (VLOOKUP, Pivot Tables, formulas)
Ability to analyze large data sets for reconciliation
High accuracy in posting and applying payments
Ability to identify and resolve discrepancies quickly
Clear interaction with internal teams and external customers
Ability to explain variances and resolve payment issues
Managing deadlines for month-end close and daily cash application
Handling exceptions and complex accounting scenarios

Nice To Haves

Nor graduate with a minimum of 4 years of related work experience and prior experience with SAP

Responsibilities

Support the month-end closing process for different entities.
Perform general accounting.
Responsible to verify, record and accounting transactions for different entities.
Perform account reconciliations and analytical procedures.
Perform a monthly review of the income statement and balance sheet.
Review and prepare month-end journal entries.
Data archiving and compliance with record management and internal and local controls and policies
Liaise with external and internal auditors for both periodic, quarterly and annual audits.
Liaise with key counterparts in FP&A, Production Finance, Credit and collection, Programming, and Business Operations to ensure alignment of activities and objectives.
Actively participate in the resolution of general accounting issues
Apply customer payments (lockbox, ACH, wire transfers, checks) to open invoices accurately and timely.
Process electronic remittance advice (EDI) and manual remittance details
Investigate and resolve unapplied cash, short payments, duplicate payments, and unidentified receipts
Manage on-account credits and ensure proper allocation
Reconcile daily bank statements with AR subledger and GL
Clear suspense accounts and ensure accurate cash positioning
Collaborate with Collections and Customer Service to resolve payment discrepancies
Contact customers for missing remittance information when needed
Monitor unapplied cash and provide aging reports
Track KPIs such as posting timeliness and accuracy
Support implementation of new tools or enhancements
Assist in the preparation and review of statutory compliance schedule.
Oversee accounting related accounts payable maintenance activities.
Prepare other analysis as required for special projects.
Prepare finance/accounting reports to finance areas overseas.
Support other finance on reporting
Create and update work instructions
Include and share best practices with other locations