AR specialist

Functional area:  Finance
Country:  Korea, Republic of
City:  Seongnam
Company name:  Edwards Korea Ltd
Date of posting:  Apr 9, 2025

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Job Title: AR Specialist

Purpose of the Job: The AR Specialist will analyze variations in accounts receivable (AR) and sales volume by checking daily collections from bank statements. The role involves informing the credit controller and sales team of outstanding debts and managing them effectively.

Responsibilities:

  • Allocating the Cash:
    • Allocate incoming payments for third-party and intercompany transactions within 48 hours on SAP (ERP system) and reconcile with actual bank balances to ensure no discrepancies.
    • Payment Means: Cash, promissory note, netting (except Korea entities)
    • Transferring Frequency: Daily (Cash, promissory note), Monthly (Netting - except Korea entities)
  • Preparing the Reports:
    • Inform relevant stakeholders of AR aging status through Debtor reports and provide details of cash collections via Bank statement reports.
  • Reconciling the AR Balance:
    • Confirm balances in SAP and ICE (Reconcile application between intercompany) for various AR-related accounts, including third-party and intercompany trade receivables, and analyze movements.
    • Reconcile intercompany AR and input data into GPS (Group reporting application) for 1FA reporting.
  • Issuing Intercompany Invoices:
    • Issue intercompany recharge invoices and input data into ICE.
  • Supporting Tax Filing:
    • Assist with tax filing and provide AR-related documents to the accounting firm promptly.
    • Reconcile AR balances and tax invoices, and provide reconciled documentation.

Required Skills and Qualifications:

  • Bachelor’s degree in business administration or accounting
  • 0-2 years of relevant experience
  • Business-level proficiency in Japanese
  • Understanding of finance, accounting, and bookkeeping principles
  • Ability to complete a variety of related tasks
  • Proactive problem-solving skills
  • Proficiency in MS Office and SAP

 

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