Accounts Receivable Specialist

Account Receivables Specialist

• The World Economic Forum, committed to improving the state of the world, is the international organization for public-private cooperation.
• The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas.
• Why we are recruiting
• To face business growth, the Accounts Receivables sub-team needs additional resources to maintain and guarantee its high level of service.

Reporting Lines & Interactions

The Account Receivable Specialist will be in a team of two people, within the wider finance operations team of eight, and reports to the Accounting Manager.

Responsibilities

• Management of Account Receivables, including:
• Booking incoming cash
• Iinvoicing and credit invoicing
• Monitoring the AR Inbox
• Addressing all AR queries (internally & externally)
• Completing vendors form and online payment platforms
• Performing aging analysis
• Booking and reconciling credit card payments
• Producing weekly reports for centre and function heads
• Assisting in ad-hoc projects

Contribute to preparing monthly / quarterly/ annual financial closing, including

• Prepare relevant balance sheet account reconciliations
• Completing revenue recognition tasks
• Producing DSO, Bad Debts and Unpaids reports for the management reporting pack
• Supporting the Interim and Year End Audit process for AR

Credit Control, including

• Collaborating closely with key stakeholders on credit control/collection
• Managing the payment reminder scheduled to be sent for overdue invoices
• Managing customer overdue invoices with external partners / members
• Managing the list of participants registered to events and send external communications regarding the admission policy
• Collecting all open invoices prior to the start of an event

Projects, including

• Improving key performance metrics for Unpaids (open invoices)
• Utilising existing tools to improve credit control management
• Identifying continuous improvement activities across the Accounts Receivable landscape

Academic qualifications

• Bachelor in finance or Brevet Federal in Accounting
• Work experience and skills
• 3 to 5 years of experience in financial accounting
• Excellent knowledge in cost accounting and VAT
• Excellent spoken and written English - French is an advantage
• Ability to organize workload and to prioritise multiple workstreams
• High sense of urgency and commitment to objectives
• Confident and able to present to senior management

• Why join us?
• Join an independent and impartial organization with over 55 years of connecting leaders to make sense of global challenges and move the world forward together.