AP /AR Accountant

Job Title: Accounts Payable-Accounts Receivable (AP/AR) accountant 

Location: Latvia

Department: Finance

Reports to: Market Chief Accountant

Job Summary:

The AP/AR accountant plays a key role in overseeing and optimizing the accounts payable processes within a market finance team. This position is responsible for ensuring the accurate and timely processing of all supplier invoices, employee expense reports, and related payments while adhering to company policies and regulatory requirements.

The AP/AR accountant collaborates with internal teams, external suppliers, and key stakeholders to support financial operations across a global landscape, with a focus on process improvement, compliance, and efficient financial management.

Key Responsibilities:

• Process supplier with accuracy and in accordance with company policies, verify accuracy of contracts, resolving discrepancies as needed, maintain accurate and up-to-date vendor records.
• Supervise and maintain accurate data transfer between systems, up-to-date records of accounts receivable transactions and other supporting documents, resolving any discrepancies in customer data
• Lead efforts to streamline and enhance the invoice processing workflow, identifying and addressing inefficiencies.
• Prepare and execute timely payments for vendors, ensuring adherence to payment terms, prioritizing urgent payments when necessary.
• Execute timely customer manual recharge invoices 
• Review and process employee expense reports, oversee approvals, ensuring compliance with company policies and tax regulations.
• Resolve any discrepancies between reported expenses and policy guidelines.
• Build and maintain strong relationships with customer, suppliers and internal stakeholders to ensure effective collaboration and dispute resolution.
• Assist with month-end and year-end closing activities, ensuring AP/AR balances are accurately reported, incl accruals preparation and proper reconciliation of accounts
• Prepare and analyze AP/AR reports for management, assist with the preparation of financial reports for management and audits
• Identify and suggest opportunities for process improvements in the accounts receivable/payable function.
• Ensure all accounts payable activities are compliant with local and international tax laws, company policies, and internal controls.

What We’re Looking For

Education & Experience

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
• Minimum 3 years of experience in accounts payable or similar finance roles, ideally in a multinational or shared services environment.
• Experience with ERP systems such as SAP, Microsoft Dynamics, Workday, or similar.

Skills & Attributes

• Strong attention to detail and organizational skills.
• Excellent communication and interpersonal abilities.
• Proven ability to manage high volumes of transactions and meet deadlines.
• Proficiency in Microsoft Excel and familiarity with financial reporting tools.
• Knowledge of local tax regulations (e.g., VAT/GST) is an advantage.

Joining our team you might expect:

• Become part of a professional and dedicated team.
• Health insurance after 1 month of employment.
• Accident insurance from the first day of work.
• Financial support on various occasions
• Free day on birthday
• Monthly gross salary 1700 – 2000 EUR, depending on skills and experience.