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Accounts Receivables Specialist

Richemont

Accounts Receivable SpecialistFinance/Accounting | Miami, FLReports to: Treasury Operations ManagerRole OverviewRichemont North America is seeking a detail-oriented and analytical Accounts Receivable Specialist to join our Finance team in Shelton, CT. In this role, you will be responsible for ensuring the accurate and timely application of all incoming cash receipts, managing customer deductions, and maintaining AR records within SAP. You will play a vital role in supporting month-end financial close processes and collaborating with Credit, Treasury, Master Data, and IT teams to optimize cash posting efficiency.Key ResponsibilitiesCash Application & Accounts Receivable ProcessingExecute high-volume posting of incoming cash transactions (wire transfers, ACH payments, checks) to customer AR accounts.Monitor bank portals daily to review payment images and remittance advice to manually post payments to customer invoices.Ensure all payments received within the accounting period are fully applied prior to month-end deadlines to ensure accurate financial reporting.Maintain comprehensive, organized records of all cash posting activities.Deductions ManagementCreate and accurately log customer deductions based on remittance instructions.Attach necessary supporting documentation and backup directly to SAP accounting documents for seamless verification and resolution.Reporting & Month-End ClosePrepare month-end reporting detailing total cash collections, broken down by payment type.Partner with the Credit and Treasury teams to support ongoing cash management initiatives.Deposit checks received from internal departments; create spreadsheet with the correct general ledger coding accounts for posting.System Optimization & Data IntegrityCollaborate with the Master Data Group to map customers checking accounts to correct AR accountsIdentify and submit IT service tickets to refine mapping for wire paymentsRecommend process improvements to streamline cash application workflows and operational efficiency.QualificationsMinimum of 5+ years of experience in accounts receivable or cash applicationAssociate or Bachelor's degree preferredSAP experience is preferredBilingual in English and SpanishSelf-motivated with a strong work ethicDedicated team playerExcellent verbal and written communication skills, with a proven ability to interact professionally and effectively across all levels of managementStrong organizational and technical capabilitiesRichemont offers a generous compensation and benefits package for eligible employees. Only candidates selected for further consideration will be contacted.We Offer – United StatesEmployee wellbeing is a top priority at Richemont. We offer a comprehensive benefits program to support employees and their loved ones. Our core benefits include medical, dental, and vision programs. Health savings and flexible spending accounts are also available. The company offers income protection solutions including life insurance, disability benefits, and 401(k) with employer match. Understanding the importance of work-life balance, our total rewards include paid time off, a wellness reimbursement benefit, and access to the employee assistance program. Employees are encouraged to make a difference in their local communities with volunteer days off, supporting initiatives that drive change.Salary will be determined based on relevant skills and experience.

Vacancy posted 9 hours ago
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