O2C Senior Accountant At GSK
Site Name: Egypt - Cairo
The O2C senior accountant is responsible for managing the local distributors commercial accounting operations and functions.
Ensure the consistent application of company financial policies and procedures to maintain proper control over local distributors and hospital sales and returns, and to eliminate the risks that result from commercial activities in the market.
Ensure proper control on customer’s outstanding dues accounts in order to achieve the target of day’s sales outstanding (DSO).
Review and follow up the sales invoices and return for local distributors and report detailed analyses of the over due accounts to management in order to assist them in decision making.
Monitor the process of distributors check settlements to ensure that they comply with company credit policy and follow up on time collections.
Ensure accuracy of bonus reimbursement to distributors in compliance with authorized bonus schemes. Monitor the wholesalers’ stock levels to ensure that they reflect the accurate status.
Match accounts receivable records versus the general ledger records to ensure proper allocation. Review & check the reconciliation of accounts receivable balances with concerned customer and records to reconcile the pending items.
Follow up & review checks under collection for distributors & licensors and issue periodical reports that highlight the status of account receivable taking into consideration open drafts for customers.
Manage the process of releasing customers from hold status to ensure the collection of customer debts.
Report monthly status of undelivered sales invoices and directs the physical count of sales invoices issued by distribution branches.
B.Sc. of Commerce
2-3 years of experience in the field of accounting
Supervisory and Managerial skills
Excellent Analytical skills
Excellent Communication & negotiation skills.
Excellent command of the English Language.