Sr. Accounts Receivable Specialist

Within this role you will be responsible for overseeing the entire process for Accounts Receivable from issuing invoices, monitoring aged receivables, cash collection, accurate general ledger coding, and reporting to Senior management. Must have prior supervisory experience in the Accounts Receivable function and experience with Oracle Accounts Receivable application. Individual responsible for reviewing transactions by working with other departments, including Finance, Treasury, Accounts Payable, and Accounting teams to gather information necessary for accurate accounting and billing. Ensures that all internal control policies and procedures are followed. Responsible for supervising direct report(s) and ensuring that areas of responsibility are completed in accordance with accounting close timelines and customer contract billing requirements.
A typical day might include, but is not limited to, the following:
Demonstrate expertise in Oracle Accounts Receivable (AR) navigation and trouble shooting
Onboard new customers

Monitor processing and review of invoices, which includes:
Working with the Accounting and Finance teams for documentation of relevant support and approvals
Working with Tax team for foreign tax jurisdiction requirements
Understanding the billing cycles for complex revenue generating agreements
Working with Accounting teams for accurate coding to the general ledger
Review invoices and provide final approvals
Maintain the Company’s Tax matrix for various customers
Monitor cash inflows by tracking invoices, deposits, and any payment collection correspondence. In addition, apply cash receipts in Oracle AR application
Monitor aged receivables, including follow-ups with customers. In addition, establish productive relationships with external customers
Reconcile Oracle AR subledger to general ledger
Responsible for quarterly reconciliation of AR by customer with Finance
Compile, create and present on reporting for Senior leadership. Reports may include AR ageing reports, cash forecasts, and collections analysis
Lead team in various IT projects and software implementations
Demonstrate understanding of IT project lifecycle
Ensure compliance with Company’s Sarbanes-Oxley (SOX) controls and Accounting policies
Supports internal and external audit requests

Skills:
Experience with Oracle AR application a must
Ability to lead meetings with internal and external parties
Demonstrates excellent verbal and written communication skills, including, effective presentation skills
Mentor and develop direct reports
Facilitate process improvement initiatives
Strong organizational abilities, attention to detail, and accuracy
Team player, interacts effectively with others, has the ability to think independently and proactively propose solutions, and wants to be challenged and grow with our Company
High proficiency with Microsoft applications is required
Years of experience 5+
Bachelor's degree required
Does this sound like you? Apply now to take your first step towards living the Regeneron Way! We have an inclusive and diverse culture that provides comprehensive benefits, which often include (depending on location) health and wellness programs, fitness centers, equity awards, annual bonuses, and paid time off for eligible employees at all levels!
Regeneron is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion or belief (or lack thereof), sex, nationality, national or ethnic origin, civil status, age, citizenship status, membership of the Traveler community, sexual orientation, disability, genetic information, familial status, marital or registered civil partnership status, pregnancy or parental status, gender identity, gender reassignment, military or veteran status, or any other protected characteristic in accordance with applicable laws and regulations. The Company will also provide reasonable accommodation to the known disabilities or chronic illnesses of an otherwise qualified applicant for employment, unless the accommodation would impose undue hardship on the operation of the Company's business.
For roles in which the hired candidate will be working in the U.S., the salary ranges provided are shown in accordance with U.S. law and apply to U.S.-based positions. For roles which will be based in Japan and/or Canada, the salary ranges are shown in accordance with the applicable local law and currency. If you are outside the U.S, Japan or Canada, please speak with your recruiter about salaries and benefits in your location.
Please note that certain background checks will form part of the recruitment process. Background checks will be conducted in accordance with the law of the country where the position is based, including the type of background checks conducted. The purpose of carrying out such checks is for Regeneron to verify certain information regarding a candidate prior to the commencement of employment such as identity, right to work, educational qualifications etc.