Sales Accountant

Role Overview

We are seeking a meticulous and proactive Sales Accountant to join our finance team. In this critical role, you will be responsible for ensuring the accuracy and efficiency of our sales accounting processes, from revenue recognition to customer payment allocation. Your expertise will support seamless operations, compliance with company policies, and timely financial reporting. The ideal candidate will have a strong background in accounting, exceptional attention to detail, and the ability to collaborate effectively with cross-functional teams.

Key Responsibilities

The Sales Accountant will play a pivotal role in managing the financial aspects of our sales operations. Your core responsibilities will include:

• Accounts Receivable Management: Prepare and distribute customer Statements of Account (SOA) on a regular basis. Reconcile customer accounts to identify and resolve discrepancies, ensuring the integrity of financial records. Address customer inquiries promptly and accurately to maintain strong relationships.
• Payment Allocation: Accurately allocate customer payments to the correct contracts, ensuring compliance with company policies and contractual agreements. Verify that payments are applied to the appropriate invoices to prevent misallocations.
• Shipping Authorization: Collaborate with the sales and logistics teams to verify contracts and payments before approving the shipment of machines to customers. Ensure that all shipments comply with company policies and contractual obligations to mitigate financial risks.
• Revenue Recording and Invoicing: Oversee the completion of revenue recognition processes for all machine and part product lines. Issue invoices in a timely and accurate manner, adhering to company policies, contractual terms, and regulatory requirements. Ensure that revenue is recorded in accordance with applicable accounting standards.
• SAP E-Invoicing Management: Utilize SAP to manage the end-to-end invoicing process. Conduct thorough error checks to maintain the accuracy and integrity of sales accounting data. Troubleshoot any issues that arise during the invoicing process to ensure smooth operations.
• Customer Return Procedures: Oversee and manage accounting-related tasks associated with customer returns. Ensure that all return procedures comply with company policies and contractual agreements, and that financial adjustments are processed accurately.
• Credit Insurance Process: Handle accounting-related tasks within the credit insurance process, including documentation, reporting, and compliance with insurance requirements. Collaborate with relevant stakeholders to ensure timely and accurate processing.
• Cross-Functional Collaboration: Provide support to the sales team and other departments by resolving finance-related queries and assisting with financial analysis. Serve as a liaison between the finance team and other business units to facilitate effective communication and problem-solving.
• Ad-Hoc Assignments: Undertake additional tasks and projects as assigned by the line manager. Demonstrate flexibility and adaptability to support the evolving needs of the finance team and the organization.

Qualifications and Skills

The ideal candidate will possess the following qualifications and skills:

• A bachelor’s degree in Accounting, Finance, or a related field. Professional certifications such as CPA or ACCA are a plus.
• A minimum of 3-5 years of relevant accounting experience, preferably in a sales accounting or revenue accounting role.
• Proficiency in SAP or similar ERP systems, with a strong understanding of e-invoicing processes.
• Exceptional attention to detail and analytical skills to identify discrepancies and resolve financial issues.
• Strong communication and interpersonal skills to collaborate effectively with cross-functional teams and address customer inquiries.
• Ability to work independently, prioritize tasks, and meet deadlines in a fast-paced environment.
• Familiarity with revenue recognition principles, accounting standards, and compliance requirements.