Accounts Payable and Receivable Overview The AP/AR professional manages financial transactions, ensuring timely vendor payments, accurate customer invoicing, and effective financial record tracking. Key Responsibilities: Accounts Payable (AP):? Verify and process invoices per company policies? Manage payment cycles, reimbursements, and expense reports? Reconcile accounts and resolve vendor discrepancies? Maintain accurate financial transaction records? Coordinate with departments for approvals and payments Accounts Receivable (AR):? Generate and send client/customer invoices? Track balances and follow up on overdue payments? Reconcile customer accounts and process refunds? Prepare receivables reports? Work with collection agencies or legal teams for unpaid invoices Required Skills & Qualifications:? Knowledge of accounting principles and regulations? Proficiency in accounting software (e.g., SAP)? Attention to detail and organizational skills? Good communication skills for vendor and customer inquiries? Ability to analyze financial data and generate reports.
