Job Description

Req No.

41769BR

and Qualifications

POSITION SUMMARY

Purpose

Nature and Scope

This position requires frequent interaction with credit & collection team/Banks/Intercompany team/billing/treasury team to resolve any cash application issues. The incumbent must possess the ability to perform detailed account audits and clear document findings and provides essential support to the function supervisor in developing processes for new initiatives

The incumbent must well verse understanding of the cash application process and should report to Accounts Receivable Supervisor. Jobholder\'s must have strong interpersonal and good communications skills with collection team to implement any changes that necessary to ensure all cash application processes are functioning in compliance with company policies and practices

DIMENSIONS

Volume of cash application to support :

EMEA:100,000+
Brazil:3 000+
North America:11b,000+

PRINCIPAL ACCOUNTABILITIES

• Responsible for applying payments based on payment remittances and instructions from the Collection

Team and customer

• Performs monthly reconciliation of cash application offset entries and verifies that all reconciliation

for A/R accounts is completed accurately on time

• Responsible to Process other transactions, i.e.: Offsets, Check requests, bad Debts/Dispute items Write Off and B-Codes (small dollar journal entries).

Also, for the lock box application, including Checks, EDI, Wires and verifies deposits are loaded into the SAP (A/R system) daily and reconciled to reports provided by both the bank and the SAP

• Ensure email inquiries from all party must be responded within 2 working days. Liaise with Collection Team to have effective communication to process payments

• Closely follow up with Collection Team regarding over/short payment from customer as well as unallocated terms and unknown payments

• Be flexible to change supporting regions when the workload requires

• Meet yearly KPIs goal on monthly basis including SLA and unallocated cash

• Responsible to transfer payment between Intercompany

• Support on any SOX and statutory audit inquiries from internal and external auditors. Ensure all transactions are being performed based on standard work process to comply with Finance policy

• Ensure effective communication with collection team is key to perform the transaction

• Must have basic problem-solving skills to analyses issue. Ensure all transactions are being performed based on standard work process to comply with Finance policy

• Performs other duties assigned by the Accounts Receivable Supervisor / Team leader as deemed necessary

MINIMUM REQUIREMENTS AND QUALIFICATIONS

• Candidate must have at least Degree in Accounting, Finance, Banking or equivalent
• Good communication skills and ability to work as part of a team
• Ability to speak and write good English is a must
• SAP experience or any experience in a Shared Service would be advantage
• Demonstrated detail orientated skills to be able to complete task accurately

Employment Status

Full Time

Region

Asia

Organization

Corporate

Business Sector / Division

Finance

Air Products