Reference code: JR135296
Richemont owns some of the world’s leading luxury goods Maisons, with particular strengths in jewellery, fine watches and premium accessories. Each Maison represents a proud tradition of style, quality and craftsmanship and Richemont seeks to preserve the heritage and identity of each of its Maisons. At the same time, we are committed to innovation and designing new products which are in keeping with our Maisons’ values, through a process of continuous creativity.
At Richemont Americas, we aspire to reflect the ever-changing world around us. We are proud to employ talent from many different backgrounds, experiences, and identities to build a continually evolving, inclusive community where the diversity of our colleagues and clients is rich and celebrated. We believe when inclusion is fully embraced and empowered, creativity and knowledge emerge to deliver excellence, advancing the community that is uniquely Richemont Americas.
Accounts Receivable Specialist
Finance/Accounting | Shelton, CT
Reports to: Treasury Operations Manager
Role Overview
Richemont North America is seeking a detail-oriented and analytical Accounts Receivable Specialist to join our Finance team in Shelton, CT. In this role, you will be responsible for ensuring the accurate and timely application of all incoming cash receipts, managing customer deductions, and maintaining AR records within SAP. You will play a vital role in supporting month-end financial close processes and collaborating with Credit, Treasury, Master Data, and IT teams to optimize cash posting efficiency.
Key Responsibilities
Cash Application & Accounts Receivable Processing
- Execute high-volume posting of incoming cash transactions (wire transfers, ACH payments, checks) to customer AR accounts.
- Monitor bank portals daily to review payment images and remittance advice to manually post payments to customer invoices.
- Ensure all payments received within the accounting period are fully applied prior to month-end deadlines to ensure accurate financial reporting.
- Maintain comprehensive, organized records of all cash posting activities.
Deductions Management
- Create and accurately log customer deductions based on remittance instructions.
- Attach necessary supporting documentation and backup directly to SAP accounting documents for seamless verification and resolution.
Reporting & Month-End Close
- Prepare month-end reporting detailing total cash collections, broken down by payment type.
- Partner with the Credit and Treasury teams to support ongoing cash management initiatives.
- Deposit checks received from internal departments; create spreadsheet with the correct general ledger coding accounts for posting.
System Optimization & Data Integrity
- Collaborate with the Master Data Group to map customers checking accounts to correct AR accounts
- Identify and submit IT service tickets to refine mapping for wire payments
- Recommend process improvements to streamline cash application workflows and operational efficiency.
Qualifications
- Minimum of 5+ years of experience in accounts receivable or cash application
- Associate or Bachelor’s degree preferred
- SAP experience is preferred
- Bilingual in English and Spanish
- Self-motivated with a strong work ethic
- Dedicated team player
- Excellent verbal and written communication skills, with a proven ability to interact professionally and effectively across all levels of management
- Strong organizational and technical capabilities
Richemont offers a generous compensation and benefits package for eligible employees. Only candidates selected for further consideration will be contacted.
We Offer – United States
Employee wellbeing is a top priority at Richemont. We offer a comprehensive benefits program to support employees and their loved ones. Our core benefits include medical, dental, and vision programs. Health savings and flexible spending accounts are also available. The company offers income protection solutions including life insurance, disability benefits, and 401(k) with employer match. Understanding the importance of work-life balance, our total rewards include paid time off, a wellness reimbursement benefit, and access to the employee assistance program. Employees are encouraged to make a difference in their local communities with volunteer days off, supporting initiatives that drive change.
At Richemont, We Craft the Future!
Salary will be determined based on relevant skills and experience.
