Cash Collector
Ericsson
Taguig, PH
6d ago
source : jobs4it

TaguigDate : May 24, 2019Job SummaryThe Collector is the main driver to contribute to Ericsson’s cash flow. The Collector is continuously following up on resolution of Account Receivable related issues / disputes with both internal stakeholders and the customer.

Collector is responsible to deal with customer at all levels and all domains within customer organization (e.g. Finance, Commercial, SSC etc.

on regular basis. Collector works with CU team very closely and provide insight about customer internal processes and hindrances in cashflow if any.

All collector activities aim to ensure that outstanding invoices are paid in time and future business is not jeopardized.

Responsibilities & TasksCashflow forecasting periodically on regular basis based customer insight as well as business information.

Updating of Cashflow forecast in ERP and weekly update to Treasury teamEnd to end responsibility to get realization of cashflow on customer invoicing through Letter of Credit.

Active involvement in customer / AR financing i.e. SOR, LC, LC discounting etc.Execution of sales of receivables and interaction with treasury teamRegular meeting with customer at all level and domains to resolve the issues creating hinderance in cashflowClose interaction with CU team for full business updates and customer insight on liquidity statusInitiate and document periodic review meetings on the escalations related to cashflow or Account ReceivablesPro-

actively analyze and support resolution of disputes to internal stakeholders as well as customer.Close monitoring of Account Receivables, Unbilled AR, Deferred Revenue, Provision for doubtful debts, Advances from customer and customer financing so that active control could be set on working capital numbers of EricssonActive involvement in Statutory and Internal auditsActive Control over Letter of Credit and Bank Guarantee to avoid any surprise hit on cashflow from Bankers and customerActive Control over WHT certificates to set correct accounting of Account Receivables with Ericsson booksClose working with F&AO team and resolving the issues faced by them during interaction with customerSOX compliance for Account Receivables and Provision for doubtful debtsActive involvement in Closure of Account Receivable books and reporting thereofAdvice to the Treasury & Credit manager on payment terms and credit limits for (new) customers.

Active involvement in Credit Management activities of CUActive involvement with Market Area Credit Manager for resolution of issues related to Credit ManagementAnalysis of Credit block in system and support to credit management to release the blocksPosition QualificationsCORE COMPETENCIESEricsson wide knowledge & skills (from own Functional Area)Financial Acumen and skillsAccounting skillsAnalytical skillsEricsson wide knowledge & skills (other Functional Area)Business UnderstandingEricsson KnowledgeEricsson Business processEnglish SkillsCustomer InsightFundamental leadership skillsMinimum Qualifications & Experience Requirements : A degree in Business Administration, Finance or Certified AccountantFinancial AcumenInterpersonal skills must be good along with English speakingAbility to communicate in the customer's preferred language as well as an openness to and respect for other cultures.

Preferred Qualifications & Experience Requirements : A degree in Business Administration, Finance or Certified AccountantKnowledgeable in Treasury and Credit management practices.

Interpersonal skills must be good along with English speakingAbility to communicate in the customer's preferred language as well as an openness to and respect for other cultures.

Ericsson provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, sexual orientation, marital status, pregnancy, parental status, national origin, ethnic background, age, disability, political opinion, social status, veteran status, union membership or genetics.

Ericsson complies with applicable country, state and all local laws governing nondiscrimination in employment in every location across the world in which the company has facilities.

In addition, Ericsson supports the UN Guiding Principles for Business and Human Rights and the United Nations Global Compact.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, training and development.

Ericsson expressly prohibits any form of workplace harassment based on race, color, religion, sex, sexual orientation, marital status, pregnancy, parental status, national origin, ethnic background, age, disability, political opinion, social status, veteran status, union membership or genetic information.

Primary country and city : Philippines (PH) Taguig Consulting&SysIntReq ID : 282555

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