Accounts Receivable and Accounts Payable Specialist

Position Overview:The Accounts Receivable and Accounts Payable Specialist will be integral to managing the day-to-day financial operations of Simulmedia. You will work closely with both U.S. and Ukraine-based finance teams to process financial transactions, manage invoices, and assist with accounting and finance tasks. The role requires a solid accounting background, including experience in accounts receivable and accounts payable, journal entries, and month-end close processes, as well as exposure to financial and revenue operations. You will also contribute to budgeting, forecasting, variance analysis, and expense management.

Key Responsibilities:

●      Accounts Receivable & Accounts Payable Management:

○      Oversee and process customer invoices, payment collections, and reconciliation of customer accounts.

○      Process vendor invoices, verify payment terms, and ensure timely payments to avoid penalties.

○      Handle discrepancies between accounts, vendors, and clients in a professional and timely manner.

○      Monitor overdue accounts and implement strategies to reduce days sales outstanding (DSO).

●      Accounting & Financial Support:

○      Prepare and maintain accurate financial records, including general ledger entries, journal entries, and reconciliations.

○      Assist in month-end and year-end close processes, ensuring all financial transactions are properly recorded.

○      Collaborate with senior finance team members to ensure proper accounting for expenses and accurate financial reporting.

○      Help manage cash flow and financial planning activities to support overall financial health.

●      Revenue & Financial Operations:

○      Assist in pipeline management and the tracking/reporting of revenue and financial performance.

○      Support budget-to-variance analysis, identifying discrepancies and contributing insights for corrective actions.

●      Compliance & Reporting:

○      Ensure tax compliance regulations with appropriate jurisdictions as applicable.

○      Assist in the preparation and submission of required financial reports and documentation, ensuring they comply with U.S. GAAP.

○      Assist with audits and respond to internal/external auditor inquiries as necessary.

●      Team Collaboration & Process Improvement:

○      Collaborate with both U.S. and Ukraine-based teams to maintain open communication and alignment across departments.

○      Provide insights and contribute to process improvements to streamline accounting and financial operations.

○      Participate in key financial initiatives and provide support for special projects as needed.

Qualifications:

●      Experience:

○      3-5 years of experience in accounts receivable, accounts payable, and general accounting for a U.S.-based company.

○      Strong background in U.S. GAAP and general accounting principles.

●      Education:

○      Bachelor’s degree in Accounting, Finance, or a related field.

●      Skills:

○      Proficiency in accounting software (QuickBooks, NetSuite, or similar) and advanced Microsoft Excel skills.

○      Excellent written and verbal communication skills in English.

○      Strong analytical and problem-solving skills with a keen attention to detail.

○      Experience in budgeting, forecasting, and financial analysis preferred.

●      Additional Qualifications:

○      Familiarity with Ukrainian tax laws is a plus but not required.

○      Ability to manage multiple priorities and meet deadlines in a fast-paced environment.

○      Experience working with remote teams is preferred.