Handles monthly reporting to corporate as the full spectrum of Accounts Receivable (AR), Accounts Payable and Collections function for ARAG Australia Pty Ltd at the Cavan Office, South Australia. Timely and accurate reporting of financial data into the One Stream reporting system for Corporate Accounting. This includes processing journals for Accruals, Bonus, Leases but not limited to. Responsible for AR financial activities including monthly closing of the books, sales accounting treatments for revenue recognition, as well as GST compliance with statutory requirements. Responsible to AP Financial activities including monthly closing of the books, reconciling Purchase Orders, delivery dockets and supplier invoices. Responsible for credit control, payment terms, and review processes with customers for resolution of issues related to late payment and bad debt. Work closely with Sales/Controllers on credit review of customers and manage credit data e.g., credit limits in system. Accounts Payable, Accounts Receivable & Credit Control, Payroll • Perform, in accordance with the company policies / authorization matrix, on the full spectrum of AR functions such as invoicing, collections, recording and reporting. • Ensure timely month closing for Accounts Receivables and perform required supportings/documentation filings. • Investigate and respond to queries from customers on discrepancies. · Analyze, and post accruals for bad debt provision and flag insolvencies. · Work with local finance team in country to ensure appropriate accounting treatments (revenue recognition) and local statutory compliance (GST/VAT in per incoterms) for AR processes. • Review and monitor key metrics in AR function, such as overdue receivables, DSO, receipts, sales commission accruals. • Work closely and attend meetings with Sales team and Corporate customers for outstanding AR review, and AR related matters. • Continuously assess reasonableness of credit data (payment terms, risk profiling) in Customer Master Data for supported business entities, in alignment to Nordson Policy/DOA and external data e.g., D&B reports. • Review and release of blocked orders according to the defined credit & risk policy • Support the review of Nordson’s credit & risk policy where necessary · Perform, in accordance with the company policies / authorization matrix, on the full spectrum of AP functions such as reconciling Purchase Orders with supplier Invoices, recording and reporting. · Office Administration from stationery ordering to office supplies. · Construct Monthly Business Activity Statements and their submissions including approvals and payments. · Complete Payroll Functions – from processing payroll, seeking approvals and processing payments. Ensuring timely and accurate management of weekly timesheets, sick and annual leave. Payroll Tax and Workers Compensation calculations and returns for both South Australia and Western Australia. · Develop best practices / Revise local business processes and standard work for the finance organization. · Partner with Senior Financial Analyst and Senior Manager – Sales in assisting / completing Divisional and Corporate reporting. Financial Reporting responsibilities · Responsible for accurate preparation and timely submission of General Ledger Reconciliations for Nordson Australia Pty Ltd, Nordson New Zealand and ARAG Australia Pty Ltd. · Inter Company Reconciliation – Timely and Accurately accounting for shipments received and Goods In Transit, ensuring reconciliations match the netting payment for Corporate Treasury Department. · Monthly Journals – including accruals, bonuses, Leases, fixed assets · Bank Reconciliations · Monthly Reports completed into One Stream – Nordson Corporate ERM for financial reporting. Including the analysis of variances from month to month on Balance Sheet, Income Statement and Operating Expenses. · Assisting in the completion of budgets and forecasting · Completing weekly backlog reports · Prepares management reporting i.e., review of sales commission, and monthly accounts receivable ageing status report. Work with local finance for appropriate commentaries to management/ corporate monthly. · Supports ad-hoc queries and report requirements from ARAG Australia Pty Ltd, Nordson Australia Pty Ltd and Nordson New Zealand Finance Team and ARAG Australia Sales Team. Other duties or projects assigned · Any projects assigned Ad-hoc duties as required
