SNAPSHOT
Location: Kingston, Jamaica
Company: Nestlé
Temporary Contract

POSITION SUMMARY

As the Accounts Receivables & Payables Assistant, you would be responsible for supporting daily operations, maintaining accurate records, monitoring overdue accounts, coordinating timely payments, managing payment terms, and helping forecast and track cash flow.

A DAY IN THE LIFE …

• Collaborate with Sales Personnel and Vendors to manage receivables and payables effectively, ensuring timely collections and payments.
• Provide necessary data and conduct follow-ups on overdue customer accounts to achieve and exceed working capital objectives.
• Execute daily bank reconciliations and process customer bank deposits, sharing receipts with NBS and updating accounts promptly.
• Review customer accounts, invoices, and payment histories for orders on credit hold; decide on releasing or maintaining holds in line with credit terms.
• Reconcile accounts payable discrepancies, manage accruals and prepaid assets, and maintain accurate sub-ledger reconciliations with the general ledger.
• Ensure timely invoicing and vendor payments.
• Manage weekly payment proposals to guarantee timely processing.
• Track receivables and payables daily using reporting schedules.
• Oversee cash flow processes, including collections, dollar availability, and supplier payments.
• Assist with day-to-day activities to maintain high service quality and customer satisfaction for internal and external stakeholders.

WHAT MAKES YOU SUCCESSFUL

• Bachelor’s degree in Accounting, Finance, or Business; ACCA Level 2 or equivalent preferred.
• Minimum 3 years of related experience, including at least 1 year in Credit & Collections.
• Strong understanding of business processes and organizational dynamics.
• Proficiency in SAP systems.