MERAK is a integral leader Company in HVAC (heating, ventilation, and air conditioning) and refrigeration solutions, with a workforce of over 1,200 employees worldwide. The company is renowned for its innovation and technological development capabilities, providing advanced solutions for the railway sector. Role Purpose Las cualificaciones, habilidades y toda la experiencia relevante necesaria para este puesto se pueden encontrar en la descripción completa a continuación.

The Accounts Receivable Specialist UK & US is the most senior transactional profile within the Finance Shared Services Hub. Based in Madrid, this role owns the full receivables cycle for the United Kingdom and the United States;

managing customer collections, credit risk, and cash application across two currencies, two payment ecosystems, and two very different commercial cultures.

Key Responsibilities

- 1.

Accounts

Receivable UK & US

- - Own the end-to-end A/R cycle for UK and US entities: invoice issuance, customer account management, payment allocation, and reconciliation in GBP and USD
- - Manage the collections process proactively: outreach to overdue customers, escalation protocols, dispute resolution, and coordination with local sales or account management teams in UK and US
- - Process and reconcile incoming payments via BACS, Faster Payments, CHAPS (UK) and ACH, wire, and check (US)
- - Maintain accurate customer ledgers and ensure all open items are cleared or escalated within agreed SLA timeframes
- - Coordinate with the Head of Accounting on month-end A/R close for both jurisdictions,



ensuring alignment with the group close calendar
- - Assess and monitor credit risk for UK and US customers: credit limit setting, periodic review, and escalation of high-exposure accounts
- - Maintain the customer credit register and ensure it is updated following any material change in customer payment behavior or financial position
- - Liaise with local sales and account management teams in UK and US to align on customer payment terms, disputes, and escalations
- - Flag concentration risk and overdue exposure proactively to the Head of Finance Operations and the Working Capital & Finance Analyst
- 3. Reporting & Analytics
- - Prepare weekly aging reports for UK and US receivables and present them in the hub's working capital review
- - Track and report DSO by jurisdiction and by customer segment, identifying trends and root causes of collection delays
- - Support the Working Capital & Finance Analyst in building and maintaining the A/R dashboard in Power BI, feeding UK and US data accurately and on time
- - Contribute to the cash flow forecast by providing reliable short-term collections estimates for both markets
- 4. Process & Controls




- - Document A/R processes for UK and US in line with hub standards, ensuring audit readiness from day one of operations
- - Identify and propose process improvements to reduce DSO, minimize disputes, and increase straight-through payment rates
- - Ensure compliance with UK VAT post-Brexit invoicing rules and US invoicing requirements (sales tax where applicable)
- - Participate in the definition of hub-wide SLAs and KPIs for the A/R function

Requirements
- - 4-6 years in accounts receivable, credit control, or order-to-cash in an international environment
- - Direct experience managing collections in either the UK or US market experience in both is a strong differentiator
- - Familiarity with UK payment infrastructure (BACS, Faster Payments, CHAPS) and/or US payment infrastructure (ACH, wire, check)
- - Experience working in or with a Shared Services Centre or centralized finance hub is highly valued
- - Background in industrial, manufacturing, or B2B services is preferred — familiarity with long payment cycles and project-based billing
- - Experience using SAP (FI module) for A/R processing is an advantage

We appreciate your application and interest, we look forward to meeting your talent! xugodme

Merak stands for sustainable health & comfort in Rail HVAC all-round (world-wide, across all modes, and over the entire life-cycle), delivering advanced solutions and services with an attractive and competitive quality, cost, and delivery schedule.

📌 Accounts Receivable Specialist Uk & Us (Fuencarral-El Pardo)
🏢 MERAK
📍 Fuencarral-El Pardo