Alcon
From Alcon's careers page
Status: listed on the employer's own careers page when we last checked (daily). Confirm on their site before applying.
Here, you’ll be recognized for your commitment and contributions and see your career like never before.
At Alcon, we are driven by the meaningful work we do to help people see brilliantly. We innovate boldly, champion progress, and act with speed as the global leader in eye care. Here, you’ll be recognized for your commitment and contributions and see your career like never before. Together, we go above and beyond to make an impact in the lives of our patients and customers. We foster an inclusive culture and are looking for diverse, talented people to join Alcon.
Role Purpose
Lead the Accounts Receivable team for Alcon China and own the end-to-end account receivable process and accounting. This covers customer credit control and collection management, tax invoicing, treasury, customer rebate accounting, and AR accounting and reporting. The role makes sure AR accounting judgements and positions comply with the Alcon Manual of Accounting and IFRS/PRC GAAP. It also delivers high-quality, on-time AR closing and group/statutory reporting, working with the R2R, Tax and AGS in the FRA team and with Customer Operations, BPA, Sales and global function.
Major Accountabilities
1. Customer Credit Control & Collection Management
Own the credit control and collection process. This includes credit limit governance, overdue and aged AR monitoring, collection targets and DSO/overdue KPIs.
Partner with collectors on high-risk customers, disputes, escalations and credit holds.
Review the bad debt / ECL provision and accounting estimates, and ensure the results are followed up.
2. Tax Invoicing
Ensure tax invoicing is compliant, accurate and timely, including e-invoicing/Golden Tax requirements, credit/debit notes and red-letter invoices.
Work with the Tax team on VAT and other tax impacts of AR transactions, and on audit and tax authority inquiries.
3. Treasury & Cash Management
Oversee cash application, bank reconciliation, collection and payment flows, and IC settlement and payment compliance.
Support cash forecasting and working capital improvement with Treasury and the business.
4. Customer Rebate Accounting
Own the customer rebate accounting process and SOP. This includes rebate accruals, true-ups, residual balance clean-up and settlement follow-up.
Make sure revenue deferrals and sales deductions are treated correctly (including material-right assessments) under IFRS 15.
Coordinate with BPA, Customer Operations and Sales Operations on rebate programs, approvals and contract status. Complete AFCM control testing.
5. AR Accounting, Reporting & Closing
Deliver high-quality, on-time AR closing, group reporting and statutory reporting, with discrepancies resolved properly.
Monitor periodic balance sheet reviews, SOP compliance and the accounting estimates of the AR team, and ensure review results are acted on.
Act as the local process owner for AR, continuously improving the process as business and reporting requirements change.
Maintain AR-related documentation. Give technical support on accounting judgements to the team, and support internal/external audits.
6. People Leadership
Lead, coach and motivate the AR team, and build strong accounting knowledge, communication and problem-solving skills.
Set clear objectives, give regular feedback, and develop succession and continuity within the team.
7. Other
Any other duties or projects commensurate with the grade and level of responsibility of the role.
Background & Requirements
Education: Bachelor's degree in Accounting or Finance. CICPA/ACCA preferred.
Language: Fluent English (spoken and written)
At least 8 years of accounting experience in a multinational company (MNC), covering AR/O2C.
At least 2 years in a people manager role, with proven ability to lead and develop a team.
Hands-on experience in credit control and collection management, and in customer rebate accounting.
Working knowledge of tax invoicing (VAT/e-invoicing) and treasury/cash management.
Strong financial accounting and reporting skills, familiar with IFRS and PRC GAAP.
Big-4 audit background preferred.
SAP experience is a plus.
Good interpersonal, communication, negotiation, problem-solving and analytical skills. Able to influence cross-functional stakeholders.
Accurate, reliable, accountable and pro-active, with a strong sense of confidentiality.
Able to work under pressure with tight deadlines and manage multiple tasks.
Willing to take over responsibilities.
Alcon Careers
See your impact at alcon.com/careers
ATTENTION: Current Alcon Employee/Contingent Worker
If you are currently an active employee/contingent worker at Alcon, please click the appropriate link below to apply on the Internal Career site.
Find Jobs for Employees
Find Jobs for Contingent Worker
Scores your resume against this job the way resume scanners do: the job's hard and soft skills, searchability, recruiter tips and formatting.
Create a free account to see your score. Your resume stays in this browser until then, and we never store it.
Already a member? Sign in