AR Team Lead

We are Reckitt

Home to the world's best loved and trusted hygiene, health, and nutrition brands. Our purpose defines why we exist: to protect, heal and nurture in the relentless pursuit of a cleaner, healthier world. We are a global team united by this purpose.

Join us in our fight to make access to the highest quality hygiene, wellness, and nourishment a right and not a privilege.

​Finance​

Our Finance team is not just another department; we're strategic partners and catalysts for change, who use our expertise to drive sustainable growth and create and protect value for Reckitt.

With a strong emphasis on cross-functional collaboration and partnership, our inclusive, diverse and energised team breaks down traditional barriers, enabling you to thrive in a dynamic environment where you and your ideas matter.

From leveraging insights and analysis to make data-driven decisions - to spearheading sustainable business practices that contribute to consistent and reliable business growth - we are unwaveringly passionate about making a meaningful impact, and always doing the right thing.

About the role

The role will primarily supervise the Accounts Receivable (AR) analysis team to achieve optimum team performance in the areas of AR transaction processing and accounting, DSO/ AR reporting and credit risk monitoring. The role shall also monitor the implementation of OTC related internal control and business compliance standards and identify opportunities to enhance control within the AR/ OTC environment.

Your responsibilities

Business Partnering

1. Works closely with Trade Sales to address order processing concerns related to overdue AR, payment or DOI.

2. Monitors status of accruals for approved promotional programs & coordinates with Trade Marketing Group or Field Sales on issue resolution related to trade promotions.

3. Ensures reconciliation of AR.

4. Aligns with Commercial Controller team any identified trade promotion claims/ expenses.

5. Collaborates with Controllers team.

7. Provides feedback to Supply Chain LOD on Third Party Logistics operational issues

8. Ensures timely dispatch notification to Third Party Logistics.

AR Accounting/ AR Transaction Processing

1. Performs monthly reconciliation of A/R subsidiary ledger records with the controlling general ledger account and investigates any variance.

2. Reviews AR floaters for claimed trade promotions; analyzes adequacy of trade promo accruals for AR floaters and recommends additional trade promotions accrual, as needed

3. Issue collection and follow-up letters to trade accounts and adhere to escalation process, as needed.

5. Reviews Manual Payment Requests (MPRs) and customer billings.

6. Validates deductions/ claims for returns/

7. Provides regular management reports on AR:

8. Performs analysis of AR for the monthly Balance Sheet review and quarterly flux analysis and AR movement.

Implement Other Internal Control and Business Compliance Standards

Credit Risk Monitoring

The experience we're looking for

· University Degree in accounting, business administration or other relevant subject matter

· Preferably, Certified Public Accountant or Certified Internal Auditor

· At least four years work experience in A/R management from a fast-consumer goods company

· Experienced in SAP or similar ERP platform and advanced knowledge in MS Excel

· Knowledgeable in BOBJ

· Analytical, hardworking, patient and very keen on details

· Excellent work ethics, highly organized and with the ability to work under pressure

· Strong problem solver

· Good organizational and time management skills

· Strong communication skills and effective listening/feedback skills

· Passion for the business, the integrity topic and possesses an impeccable integrity track record

The skills for success

Project Management, Financial Reporting, Accounting principles, Financial Analysis and reporting.

What we offer

With inclusion at the heart of everything we do, working alongside our four global Employee Resource Groups, we support our people at every step of their career journey, helping them to succeed in their own individual way.

We invest in the wellbeing of our people through parental benefits, an Employee Assistance Program to promote mental health, and life insurance for all employees globally. We have a range of other benefits in line with the local market. Through our global share plans we offer the opportunity to save and share in Reckitt's potential future successes. For eligible roles, we also offer short-term incentives to recognise, appreciate and reward your work for delivering outstanding results. You will be rewarded in line with Reckitt's pay for performance philosophy.

Equality

We recognise that in real life, great people don't always 'tick all the boxes'. That's why we hire for potential as well as experience. Even if you don't meet every point on the job description, if this role and our company feels like a good fit for you, we still want to hear from you.

All qualified applicants will receive consideration for employment without regard to age, disability or medical condition; colour, ethnicity, race, citizenship, and national origin; religion, faith; pregnancy, family status and caring responsibilities; sexual orientation; sex, gender identity, gender expression, and transgender identity; protected veteran status; size or any other basis protected by appropriate law.