Eaton Corporation Jr. Accountant AR in San Luis Potosi, Mexico
As part of the Accounting & Finance group, the person will be responsible for ensuring timely invoicing and collection of accounts receivables from customers in Mexico and intercompany trading partners. In addition, he/she will foster a good customer relationship by providing timely billing, customer support and problem resolution. At the same time, maximizing cash flows and ensuring proper accounting and achieving or exceeding established metrics.
Ensure timely collection of accounts receivables, as well as correct application of customer payments, credit memo’s, debit memo’s, etc.
Participate and support financial close, forecast and Profit Plan activities with accuracy, and in accordance with corporate timing and reporting requirements.
Responsible for issuing and sending invoices, credit memo’s and aging statements to customers on a daily basis or as required. Includes manual invoicing and credit memo’s.
Build a strong relationship with customer AR (internal / external) in order to maximize collection efficiency, minimize past due and resolve issues.
Investigate, address and resolve customer payment issues. Work with customers (internal and external) to implement corrective actions to minimize or eliminate re-occurrence in the future.
Proactively analyze and prepare customers payments activities; ensure clear communication of customer issues and elevate problems in a timely manner. Inform management of the monthly AR cash flows.
Responsible for reconciliation of all sales, billing, shipping and invoicing transactions between shipping module, Oracle GL, Oracle AR and millennium. Ensure all AR interfaces are working correctly. Work with appropriate persons to implement corrective actions as required.
Support VG NA Credit & Collections team, as well as other facility in the collection of invoices (current or past due).
Work with intercompany trading partners to ensure timely payment and collection of intercompany receivables. Ensure proper transaction/transmittal of interplant unit transfers, primarily with Galesburg / Eaton Logistics Center.
Maintain and support local fixed asset and capital projects database. Monitor capital spending and ensure compliance to established guidelines, processes, accounting principles & policies.
Drive/Implement continuous improvement of key financial metrics as they relate to the accounts of receivable function.
Responsible to report Close comments of Account Receivable, DSO, BSC, Red Flags and other Divisional or Plant reports. In charge of forecast AP accounts and DPO each month and for Profit Plan. Responsible to drive/implement action items to improve metrics.
Establish and monitor compliance with internal accounting controls deemed necessary to ensure integrity of financial transactions, reporting and activities; and safeguarding of plant assets in adherence with corporate policies and procedures. Ensure compliance of statutory requirements as applicable to the plant.
Assist and participate in internal / external audits as required.
Support implementation of improvements to monthly closing procedures ensuring accuracy and timeliness, as well as continuous develop and improvement of financial modeling and tools.
Ensure accurate and timely submission of data to the various Eaton systems (Encore, DFT, RSD, E-room, Cognos, EPM, BSC, etc.)
Maintain an atmosphere of teamwork and continuous improvement in order to achieve departmental and plant goals. Support plant, functional or corporate initiatives.
Support and/or lead department activities related to process improvements and standard work. Assists in maintaining an atmosphere of continuous improvement and team efforts for accomplishing department and plant goals. Deploy & sustain lean tools and initiatives in order to reduce waste and improve efficiency of the finance function.
Ensure to develop the eight finance competencies: Business Development, Business Planning & Perform. Reporting, Finance & Accounting Knowledge, Financial Analysis, Financial Integrity & Control, Financial Process Improvement & Tech Mgmt., Financial Vision and Acumen and Global Perspective.
Eaton is a power management company with 2016 sales of $19.7 billion. We provide energy-efficient solutions that help our customers effectively manage electrical, hydraulic and mechanical power more efficiently, safely and sustainably. Eaton is dedicated to improving the quality of life and the environment through the use of power management technologies and services. Eaton has approximately 95,000 employees and sells products to customers in more than 175 countries. For more information, visit Eaton.com.
At Eaton we see things differently. We see opportunities to innovate, go above and beyond, and we work hard because what we do reflects who we are. If you see things differently – if you’re determined, motivated and focused on improving the world around you – then it’s time to see where a career at Eaton can take you. For more information visit www. Eaton.com/careers.
Region: Latin America
Organization: VEH NAT North America Truck
Job Level: Individual Contributor
Is remote work (i.e. working from home or another Eaton facility) allowed for this position?: No
Does this position offer relocation?: No
Travel: Yes, 10 % of the Time