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Receivables and Payables Coordinator - Mexico - Mexico City

Finance
Ref: 233 Date Posted: Tuesday 24 Jul 2018
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The Receivables and Payables Coordinator will be responsible for the financial operations of the company which includes customer receivables, vendor payables and cash management.

He/She will be responsible for evaluation and granting of payment terms to customers, managing the timely collections of receivables and evaluation of collectability of receivables.  This person will be responsible to manage the day to day accounts payable processes, ensuring accurate and timely payments to merchandise vendors, employees (expense reports) and service and supplies providers.   He/She will also be respinsbile for the daily cashflow management of the company, including operating the on line banks systems making the disbursements to vendors, employees (for expense reports), customer receivables, tax authorities (payment taxes) and local investments for excess cash. He/She will be the primary contact with Edrington Americas Treasury department.

The incumbent is responsible for the elaboration, implementation and compliance of all policies and procedures related to receivables, payables and cash management, ensuring their dissemination across the Edrington Mexico organization, customers and vendors.  He/She is responsible for the company to be in compliance with local current statutory requirement (e.g. CFDI 3.3) and upcoming regulatory changes.

Job Responsibilities

  • Evaluation of customer information for extended payment terms
  • Working with customers and external agencies to obtain necessary data
  • Evaluation of customer risk through internal processes and scorecarding
  • Recommendations and management level review of customer evaluations
  • Tracking and accounting of customer receivables
  • Correct accounting for customer receivables including evaluation of collectability
  • Manage cash collections
  • Reporting to sales management and the business teams
  • Ensure successful day-to-day accounts payable processes
  • Resolve vendor balance and payment issues
  • Works with banks to process cash collections and disbursements and manage cash investments
  • Collects and archives all information related to bank accounts related
  • Produces and issues reports related to cash management, including weekly cashflow report 
  • Ensure customer and vendor master data are accurate and updated on a timely manner
  • Ensure customer, vendor and bank sub-ledgers reconcile with the general ledger
  • Ensue month-end, quarter-end and year-end  closing activities related to finance operations
  • Manage and maintain policies and procedures and their continued review & updates
  • Participate on systems enhancements or new systems/processes implementations on AR/AP/Cash processes
  • Create, implement and report metrics for AR/AP/Cash Management, teaming up with local other departments

Knowledge, Skills & Core Competencies Required

  • Bachelor’s in Finance and/or Administration
  • 5+ years of accounting/receivable/payables/treasury experience
  • Experience with Mexican statutory requirements
  • Alcohol beverage industry background preferred (or other consumer packaged goods)
  • Relationships with Mexican banks experience preferred
  • Passion for business partnering and business building
  • Strong interpersonal skills – a team player
  • Able to influence, connect and collaborate with stakeholders at all levels of the organization
  • Complete financial understanding of all P&L elements and performance indicators
  • Strong analytical skills – Ability to analyse data to recommend the proper actions to ensure the brand meets/exceeds yearly objectives
  • Proficiency in Microsoft Office
  • High proficiency with Excel required
  • Excellent interpersonal and communications skills
  • Strong Presenter and persuasive, confident public speaker
  • High level of proficiency in English required
  • Experience working and implementing  SAP or similar ERP system preferred
  • Knowledge of IFRS and MEXGAAP referred
  • At least 18 years of age

To apply for this role you must currently hold a valid entitlement to work in this location.

Edrington provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, colour, religion, sex, national origin, age, disability or genetics. In addition to general legal requirements, Edrington complies with applicable federal, state and local laws governing non-discrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.