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AR/AP Specialist

Company: SAP Labs
Location:Newtown Square, Pennsylvania, United States
Employment Type:Full-time

Job Overview

SAP Labs is a global leader in enterprise software and technology innovation. We are dedicated to designing and developing cutting-edge solutions that help businesses of all sizes run better. We foster a culture of collaboration and creativity, working with global partners to solve complex challenges. We are currently seeking a meticulous and organised AR/AP Specialist to join our dynamic finance team in our Newtown Square office. The ideal candidate will be responsible for managing the full cycle of our accounts receivable and accounts payable processes, ensuring financial accuracy and operational efficiency.

Key Responsibilities

• Manage the end-to-end accounts payable process, including receiving, processing, and verifying invoices, as well as scheduling and preparing payments.
• Oversee the accounts receivable process, including generating and sending invoices, monitoring customer accounts, and managing collections.
• Perform daily reconciliation of bank accounts and credit card statements.
• Address and resolve invoice discrepancies and payment issues with vendors and customers in a timely manner.
• Assist with month-end and year-end closing procedures, including preparing journal entries and accruals.
• Maintain accurate and organised financial records and documentation in compliance with company policies.
• Prepare and analyse financial reports related to accounts payable and receivable activity.
• Collaborate with internal teams to ensure smooth financial operations and support departmental queries.

Qualifications and Experience

• Proven experience working as an Accounts Receivable/Payable Specialist or in a similar accounting role.
• Strong understanding of fundamental accounting principles and procedures.
• High proficiency in Microsoft Office Suite, particularly with MS Excel.
• Experience with ERP systems is highly desirable; direct experience with SAP software is a significant advantage.
• Exceptional attention to detail and a high degree of accuracy.
• Excellent organisational and time-management skills, with the ability to manage multiple priorities.
• Strong analytical and problem-solving abilities.
• Excellent written and verbal communication skills.
• A degree in Accounting, Finance, or a related field is preferred.

What We Offer

• A competitive salary in the range of $55,000 - $75,000 USD per annum, commensurate with experience.
• A comprehensive benefits package, including health, dental, and vision insurance.
• Opportunities for continuous professional development and career progression within a global technology leader.
• A collaborative, supportive, and innovative work environment.
• A healthy work-life balance and a generous holiday allowance.