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Philips Polska
Cash Applications Specialist
Philips Polska
location iconLocations: Łódź
level iconLevel: specialist
Cash Applications Specialist
Location: Łódź

Job Description

Philips is a global leader in health technology, committed to improving billions of lives worldwide and striving to make the world healthier and more sustainable through innovation. Driven by the vision of a better tomorrow.

But it’s not just what we do, it’s who we are. We are 80,000, wonderfully unique individuals, with two things in common. An unwavering sense of purpose and a relentless determination to deliver on our customers’ needs. It’s what inspires us to create meaningful solutions –the kind that make a real difference – when it matters most.

The world and our customers’ needs are changing faster than ever before and while we are proud of what we do already, we know we can do more. That’s why we need you, to help us tackle increasingly complex challenges posed by ever evolving health and well-being needs.

In this role, you have the opportunity to make life better

Looking at the challenges the world is facing today Philips’ purpose has never been more relevant.

So whatever your role, if you share our passion for helping others, you’ll be working towards creating a better and fairer future for all.

As Cash Applications Specialist you will join Philips’ Accounting Operations team. On daily basis you will have a chance to take an active role in helping to form our new centralized cash applications team, and the accounting and reconciliation activities that relate. This work all supports our existing team of
Collections Specialists who are responsible for cash collections with a defined group of major/key customer accounts, at Philips’ EMEA by maintaining excellent relationships with our customers, internal finance leadership, and cross-functional business partners.

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You are responsible for

  • Daily retrieval of bank activity (ACH, wire, lockbox and credit card) and ERP receipt activity and post payments to customer accounts

  • Daily and monthly reconciliations against monthly bank statements – identifying and resolving reconciliation items on customer accounts

  • Post and reconcile customer credit card payments

  • Process offsets to clear matched debts and credits on customer accounts

  • Manage the Un-applied Cash report and work with Collections to identify solutions to un-reconciled cash items

  • Providing indirect leadership to cash applications, internal finance leadership and cross-functional business partners related to cash management best practices

  • Support and contribute to accounts receivable accounting lean process improvements

You are a part of

Our Global Business Services EMEA Hub in Łódź where we centralize our business processes. Our focus is on supporting faster workflows and collaboration across departments, to enable leaner operations and improved results. 1000+ strong and growing, our Global Business Services EMEA Hub in Lódź teams speak 30 languages and represent 13 different nationalities, supporting our operations in 50 countries supported on a daily basis.

To succeed in this role, you’ll need a customer-first attitude and the following

  • Cash Application experience - at least 1 year

  • Background in F&A, Economics or Business Administration

  • Fluent English

  • Customer service focus

  • Determination to achieve excellent results

  • SAP and Customer Master data process knowledge

  • Excellent communication and negotiation skills

  • Team player, Open minded change agent who demonstrates the Philips Behaviors

  • Project management: development and deployment of new processes and procedures

In return, we offer you

The unique combination of a business-critical, challenging role in a creative, empowering environment. Your professional development will be actively encouraged, so you can continue to grow and perform at your best, while being part of helping improve the lives of billions of people around the world.

  • Annual bonus based on performance achieved

  • Private medical care with option to extend it to family members

  • Benefit System cards

  • Discount for Philips’ products

  • Relocation package applicable for people moving in from outside of Łódź region

  • Wide variety of trainings & learning opportunities

  • Promotion of healthy lifestyle in the office (fruits twice / week in the office, gym, massage chairs, various events)

How we work at Philips Global Business Service?

There are three core ways that define our ways of working – embracing flexibility, being at our best, and impactful collaboration. We believe this enables us to deliver an outstanding experience to our customers and create the best place to work for people who share our passion.

We know just how important direct interactions are and work is more engaging when we are more frequently face-to-face, and that we experience better collaboration which drives innovation. While we have many different types of roles across Philips most require a combination of in-person collaboration with colleagues and partners, usually at a Philips location, and individual focus time, which can be done remotely.

Why should you join Philips Global Business Service?

Working at Philips is more than a job. It’s a calling to create a healthier society through meaningful work, focused on innovative, customer-first health technology solutions. Help us improve the health and well-being of billions of people, every year. Ultimately creating a career that no one could have planned for. Even you.

Visit our careers website to explore what it’s like working at Philips, read stories from our employee blog, find information about our recruitment process and answers to some frequently asked questions.

We kindly inform you that we will contact only chosen candidates.

Details

  • iconIT, Banking
  • iconEnglish
  • iconŁódź, łódzkie

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