About the job
Bausch + Lomb Corporation, is solely dedicated to protecting and enhancing the gift of sight for millions of people around the world from the moment of birth through every phase of life. Our mission is simple yet powerful: Helping you see better to live better.
The company is one of the best-known and most respected healthcare brands in the world, offering the widest and finest range of eye health products including contact lenses and lens care products, pharmaceuticals, intraocular lenses, and other eye surgery products.
Our highest priority is the well-being of the people we serve. By listening to our customers and patients, by constantly honing our innovation edge, by executing with integrity and excellence, we strive to earn the trust of our partners and stakeholders.
Over the last 167 years, Bausch + Lomb has become a global hallmark for innovation and quality. Our talented and motivated colleagues work relentlessly to invent new materials, engineer new technologies, and ultimately bring new innovations to help people see better to live better.
Key Activities / Responsibilities
Accounts Receivable & RCM
Management of the MENA Region customer accounts.
Building a strong relationship with the customers, providing them with the needed data as well as controlling their account balances, due payments, and credit limits.
Follow up with customers on the payments to ensure a timely settlement and manage the bad debt risk.
All needed changes to customer payment terms and credit limits are controlled and documented. Deal with SOA issues and be the link with the Customer Service team fo any invoicing issue.
Maintain weekly/monthly AR aging reports for review and reporting.
Recording Payment Transactions.
Proactively support and update business managers on shipment risks, doubtful bad debt risks and receivable challenges.
Prepare accurate balance sheet reconciliation along with supporting documents for every month end.
Debit Note documents are reviewed and recorded in compliance to the company policies and archived properly.
Timely completion of the revenue control matrix (System Price Changes, Sales POD reviews, credit note reviews, customer inventory level reviews).
Compose effective accounting reports summarizing accounts payable data.
Reconcile vendor statements and handle payments, complaints or discrepancies on the timely resolution of invoices which have a price and quantity deviations and follow-ups including debit balances and supplier reconciliations.
Responsible for BPO processing, invoice/credit memo handling, and payment transaction.
Responsible for timely completion of monthly invoice booking and reporting including preparation of journal entries, account reconciliations, and completion of other ad hoc requests.
Accrual & Prepaid Expenses management based on vendor statements and other regular expenses.
Timely VAT Return & Refund Data Preparation & Submission.
Analytical, attention to detail, financial competency, writing & reporting, working under pressure & setbacks.
Bachelors Degree in Finance & Accounting.
MBA in Finance & Accounting or ACCA is a plus.
The masculine is used in this publication without prejudice for the sake of conciseness.
Bausch & Lomb is committed to equal employment opportunity and complies with equal employment opportunity laws in effect wherever it operates.
We are an equal opportunity employer. Minorities, women, veterans, and individuals with disabilities are encouraged to apply. Accommodations for job applicants with disabilities are available on reques.