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Accounting Specialist

Munich, Bavaria
Work Type: Full Time
About the company:
Our client is the operational arm of a corporation, managing its global portfolio of wholly owned software companies, providing mission-critical solutions across multiple verticals. By implementing industry best practices, it delivers a time-sensitive integration process, and the operation of a decentralized model has allowed it to become a hub for creating rapid growth by reinvesting in its portfolio.
 
Job Purpose:
The Accounting Specialist is responsible for managing transactional accounting processes, ensuring accuracy in accounts payable (AP) and accounts receivable (AR), and maintaining financial records. This role plays a key part in ensuring the timely processing of invoices, payments, and reconciliations while supporting financial reporting and compliance
requirements.
 
Key Responsibilities:Accounts
Payable (AP) Management:
  • Process vendor invoices, ensure accuracy, and match with purchase orders
  • Manage payment schedules, process payments (wire transfers), and resolve discrepancies
  • Maintain relationships with vendors and negotiate payment terms
Accounts Receivable (AR) Management:
  • Generate customer invoices based on contracts and agreements
  • Process incoming payments and reconcile with outstanding receivables
  • Follow up with customers on overdue invoices and implement collection strategies
  • Review and reporting of A/R Aging
Bank Reconciliation & Expense Management:
  • Perform bank reconciliations and ensure accurate posting of transactions.
  • Reconcile credit card expenses, employee reimbursements, and travel expense reports
General Accounting & Compliance:
  • Maintain accurate records in Netsuite (ERP System), ensuring all transactions are properly documented
  • Assist in month-end, quarter-end and year-end closing activities, including journal entries and account reconciliations
  • Ensure adherence to internal controls, accounting standards (GAAP/IFRS), and audit requirements
 
Key Skills & Qualifications:
  • Strong knowledge of AP/AR processes, reconciliations, and financial record-keeping
  • Excellent attention to detail and problem-solving skills.
  • Strong skills in Microsoft Excel (pivot tables, VLOOKUP, formulas).
  • Ability to handle multiple tasks and deadlines in a fast-paced environment.
  • Strong interpersonal and communication skills for vendor and customer interactions
  • Fluent in German and in English, any other language is a plus
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