Executive Accounts Receivable

Valeo is a tech global company, designing breakthrough solutions to reinvent the mobility. We are an automotive supplier partner to automakers and new mobility actors worldwide. Our vision? Invent a greener and more secured mobility, thanks to solutions focusing on intuitive driving and reducing CO2 emissions. We are leader on our businesses, and recognized as one of the largest global innovative companies.

Mission
The AR Accountant manages the customer master data, collections accounting,
overdue follow-up, reconciliation of customer accounts, review of ageing and
reporting AR related schedules
Responsibilities
Customer master data updating
 Update the Customer information for new customers or changes in Customer
Master Data (finance view)
Accounting transactions in SAP
 Account customer receipts in SAP and apply to invoices as per details provided by
customer (including Scrap). Tagging Excise invoice numbers with SAP invoice
numbers for accounting the receipts
 Account for receipt of advance from customers for tooling, design and
development
 Adjust advance account as per customer advice
 Issue credit notes to customer based on validation from Site Finance/Sales
 Prepare a detailed supplementary invoice to customers based on retro price
revisions agreed with customers. Account these supplementary invoices in SAP
 Record debit notes from customers using special GL indicators in the AR ledger
pending validation from Site Finance/Sales

Account justification
 Reconciliation of AR sub ledger with GL AR accounts on a monthly basis
 Monthly closing supporting documentation relating to AR ledger accounts
(Statutory and MAF)

Reporting
 Weekly overdue report preparation for reporting to Group
 Preparation of list of overdue receivables to be shared with Site Sales/Finance for
making provision for doubtful debts
 Reports in AR for evaluation of KPIs (AR overdue aging)
 Preparation collections report – Actual Vs Estimated collections
 Preparation of information for Cash forecast M+3
 Preparation of Interco AR reconciliation for reporting in Hyperion on a monthly
basis
 Ensure compliance with User Manual in AR area
 Report timely all issues to the AR Supervisor (alternatively Chief Accountant)
during the daily 5mn meeting

AR Management
 Prepare and send statement of account to customers on a monthly basis
 Reconciliation of accounts with Customers
 Contribute in collaboration with Site Sales to overdue eradication
Compliance
 Perform all activities in line with the Valeo MAF, the SSC GL User Manual and the
Valeo Code of Ethic

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Join Us !
Being part of our team, you will join:
- one of the largest global innovative companies, with more than 20,000 engineers working in Research & Development
- a multi-cultural environment that values diversity and international collaboration
- more than 100,000 colleagues in 31 countries... which make a lot of opportunity for career growth
- a business highly committed to limiting the environmental impact if its activities and ranked by Corporate Knights as the number one company in the automotive sector in terms of sustainable development
More information on Valeo: https://www.valeo.com