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Accounts Receivable Specialist

Smartcat
UKRemotefull_timeVerifiedPosted 5 Feb 2024

About the role

Smartcat was founded in 2016 to help global enterprises create and manage their multilingual content. Today, Smartcat is the essential language AI platform for the global enterprise. 

Our client-tailored language AI turns content in any format into any language, from documents to videos to complex websites and software, making global operations simple for any corporate team. It also allows any user to create new content by tapping into a multilingual enterprise library. 

More than 1,000 global companies including 25% of the Fortune 500 trust Smartcat to communicate their innovations and ideas all over the world.

Smartcat’s vision is to realise a world where there is equal access to innovations and ideas. 

Smartcat is backed by Matrix Partners, FJ Labs, and other leading VC firms focusing on SaaS, marketplaces and AI. You might recognize names like HubSpot, Zendesk, Uber, Stripe, RigUp, and Quora in their portfolios. Despite the economic recession, Smartcat is growing at 150% YoY. It's well-funded and capital efficient, providing a unique combination of a hyper-growth environment with downside protection and the ability to think and plan long-term.

Executive assistant Mission:

As an Accounts Receivable Specialist, you will play a crucial role in managing the financial health of our startup. Your responsibilities will include invoicing, tracking, and ensuring timely payments, with a focus on optimising cash flow.

Responsibilities

Invoicing and Billing:

  • Generate accurate and timely invoices for SaaS subscriptions and marketplace transactions
  • Collaborate with the sales and operations teams to ensure billing accuracy

Accounts Receivable Management:

  • Monitor, verify transactions, and reconcile accounts receivable to ensure completeness and accuracy
  • Investigate and resolve discrepancies in a timely manner

Cash Collection:

  • Managing day-to-day collections operations
  • Implement effective cash collection strategies to reduce Days Sales Outstanding (DSO). Work closely with customers to resolve payment issues and ensure timely receivables

Customer Relationship:

  • Maintain positive relationships with customers through clear communication and support
  • Address customer inquiries related to billing and payments promptly

Reporting:

  • Generate regular reports on accounts receivable status, aging, and cash collections
  • Provide insights to management on receivables performance
  • Perform timely and precise account reconciliation

Process Optimization:

  • Continuously improve and streamline accounts receivable processes for efficiency
  • Collaborate with cross-functional teams to enhance overall financial workflows

Qualifications:

  • Proven experience in accounts receivable within SaaS or Marketplace environments
  • Knowledge of relevant accounting principles and regulations
  • Strong analytical and problem-solving skills
  • Ability to analyse large sets of information
  • Excellent communication and interpersonal abilities
  • Readiness to work in a highly intense startup environment requiring extreme focus, a strong sense of ownership, and persistence to breakthrough
  • Bachelor's degree in Finance, Accounting, or related field

Why joining Smartcat might be your best move so far

  • Innovating the $50 Billion industry
    Smartcat’s innovative business model taps into this $50B language translation industry with a platform allowing enterprise end users to stop using traditional outsourcing and enjoy easy-to-use AI-powered SaaS that delivers immediate high-quality results at a fraction of the cost.
  • High-impact role enabling innovation and inclusion in organisations
    You will enjoy building with us. You will drive changes in how an old-fashioned global language industry operates while improving how hundreds of thousands of people work and millions of people exchange knowledge and ideas worldwide. 
  • Fully remote team of high-performers
    We are a global team of 170+ enthusiastic people. We have been fully remote since 2020, with some locations populated with more “Smartcatters” than others, such as Boston, NYC, SF, the Bay Area, London, Lisbon, and Yerevan.  We strive to grow aggressively, but we also preserve our high performance, engagement, and open feedback culture. As diverse as we are, we love working and having fun together, and we’re sure you’ll love working with us too.
  • Join the rocketship to scale-up 10x and beyo

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Company

Smartcat

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