Finance Specialist LH Group

The Finance Specialist is responsible for:

• Ensure local support to collection of invoice documentation and queries with vendors when needed
• Support in the reconciliation of O2C, P2P, R2R open items, handle escalations of these topics from customer/vendor or business partners

• Optimize repatriation of currency funds for currency restricted countries according to the local banking regulations; monitor bank balances; manage financial sanctions; reconcile unclaimed payments and account as per local legislation
• Default administration of agents / customers, mainly travel agencies, and maintain follow up with default administrators
• Support procurement topics
• Annual closing activities
• Handle local payments
• Define local invoicing specifics
• Establish contact to local/regional collection companies / law firms
• Optimal execution of payments
• Update bank documentation and bank authorizations
• Identify local requirements for financial statements
• Identify and formulate local accounting specifics
• Submit and pay obligatory tax declarations in due time
• Handle tax audits by local authorities