Process Analyst - Accounts Payable & Receivable
About the Role:
For our Ferrero HQs in Luxembourg, we are currently looking for Accounts Payable & Receivable Analyst within the Finance team, who will be reporting to the Accounts Payable and Receivable Lead.
Main Responsibilities:
Join our team in a role supporting Accounts Payable and Receivable operations. Working closely with our Business Process Outsourcer, your primary responsibility is to ensure the precise execution of accounting procedures within established deadlines and protocols. This includes monitoring monthly reconciliations and end-to-end processes to ensure flawless execution.
Your role involves close tracking and analyzing KPIs related to Accounts Payable and Receivable. You'll monitor elements like invoices pending receipt, credit note processing, invoice error rates, advanced payment management and unapplied cash monitoring. You're also central to transitory account reconciliations and providing essential support during month-end closing procedures.
Investigating invoice discrepancies is another vital aspect of your role. You'll identify root causes, implement corrective actions promptly and ensure effective follow-up. Timely responses to inquiries regarding payment details and invoice statuses, both internally and externally, are part of your routine.
Communication is key and you'll maintain clear and updated dialogues with our Procurement Functions to ensure their understanding of accounting policies and procedures. Collaborating with various teams, including IT, Procurement, Internal Audit, Controlling and Legal, you'll analyze current business processes, seeking opportunities for improvement and streamlining.
Finally, you'll play an instrumental role in supporting the year-end audit process, ensuring the collection of relevant documentation and seamless collaboration with external auditors for a precise and timely year-end closing and reporting.
About You:
If you have a Bachelor's degree in Accounting, Finance or Business and 2 to 5 years of accounting experience, you're the candidate we're seeking. We value your proactive, analytical mindset and excellent communication, teamwork, problem-solving and organizational skills. You should also have a solid understanding of generally accepted accounting principles.
In this role, you'll interact with various teams, including Leadership, Operations, Business Process Outsourcing, Governance Risk & Compliance, Group Financial Standards, IT and Procurement. Proficiency in SAP, MS-Office applications (especially Excel) and Power BI is important.
You have a good command of English (spoken and written) and knowledge of Italian and French would be a plus.
Highly results driven and self-motivated, you'll be a valuable team player who contributes to our ongoing success and your own career growth. Join our team, where your proactive approach and analytical skills will be key as you navigate your journey towards success.
Our Benefits & Perks:
Careers with caring built in - discover our benefits here.
About Ferrero:
Ferrero began its journey in the small town of Alba in Piedmont, Italy, in 1946. Today, it is one of the world’s largest sweet-packaged food companies, with many iconic brands sold in countries all over the world. Find out more about Ferrero at ferrero.com.
DE&I at Ferrero:
Ferrero is committed to building a diverse and inclusive culture in which all employees feel welcomed and appreciated and have the same opportunities. We believe all our people are equally talented in their own way. In nurturing the curiosity and natural abilities of our employees, we provide them, generation after generation, the means to succeed personally and professionally, enabling them to craft their journey at Ferrero. The diversity of our talents is what makes our work environment multicultural, innovative, and highly rewarding.
Find out more here.