Shared Services Associate (AP / AR)

Shared Services Associate- AP / AR

Hilco Global is the world's preeminent authority on maximizing the value of assets for both healthy and distressed companies. We provide a comprehensive range of financial services that leverage a unique blend of deep restructuring and advisory experience in combination with capital solutions and principal investing through our merchant banking capabilities. Hilco Global's unrivaled track record has been hard-earned by serving as a trusted advisor, agent, investor and / or principal in transactions of all sizes and scopes for many of the world's largest, most innovative and best-known companies. In each engagement, we work side-by-side with clients to deliver the best possible outcome by aligning interests and providing strategic insight, advice, and increasingly access to the capital required to complete the deal. Operating as a privately held, diversified financial services holding company, Hilco Global, its more than twenty highly specialized business units and 800+ professionals are positioned across five continents.

Position Overview : We are seeking a detail-oriented and organized Accounts Payable (AP) / Accounts Receivable Associate to join our shared services team at Hilco Global, a leading financial services provider. The Shared Services Associate will be responsible for managing and processing the companys accounts payable and accounts receivable functions efficiently and accurately, ensuring timely payments to vendors and issuance of invoices to customers as well as maintaining accurate records.

Key Responsibilities :

• Invoice Processing : Review, verify, and process vendor invoices for payment in accordance with company policies and procedures.
• Payment Processing : Ensure timely and accurate payments to vendors via checks, ACH, or electronic funds transfers (EFT).
• Customer Billing : Ensure timely issuance of invoices to customers and follow up to ensure invoices are received and being addressed.
• Cash Applications : Appropriate and timely application of funds received from customers including depositing any checks received.
• Vendor and Customer Reconciliation : Reconcile accounts payable / receivable ledgers to ensure accuracy and resolve discrepancies with vendors / customers in a timely manner.
• Travel & Expense Management & Reporting : Assist in auditing expense reports, ensure adherence to policy and support management of corporate card.
• Documentation and Filing : Maintain organized and up-to-date files for all accounts payable / receivable transactions, including invoices, receipts, and payment documentation.
• Vendor / Customer Communication : Communicate with vendors / customers to resolve issues, such as discrepancies, overpayments, or underpayments.
• Support Month-End Close : Assist with the month-end closing process by providing necessary AP / AR reports and reconciling outstanding payables / receivables.
• Support Cash Flow Forecasting : Provide timely forecasts for AP / AR to Treasury to ensure Treasury can forecast short term needs appropriately.
• Reporting : Provide daily, monthly reporting on customer receipts to operations.
• Compliance : Ensure compliance with internal controls and financial policies, including adherence to budgetary guidelines.
• Process Improvement : Contribute to process improvements in the accounts payable / receivable process to enhance efficiency and effectiveness.

Qualifications :

Hilco Global is an equal opportunity employer. Qualified candidates will be considered on merits and without regard to race, religion, color, national origin, sexual orientation, genetic information, marital status, gender, veteran, or disability status.