Senior Cash Application Expert (Accounts Receivable)

Introduction:

Join AkzoNobel, a place where innovation meets opportunity!
Engage in work that revolutionizes the industry, with cutting-edge technologies and projects that paint our world.
Our GBS is expanding, and with it, our Invoice to Cash operations is evolving. We are transitioning the cash application process to internal structures. Join us and be a pivotal part of this transformation, utilizing your experience to shape and implement new internal processes.

About the Role:

As a Senior Cash Application Expert, you will be instrumental in managing cash flow activities for a specific market within the EMEA region. This targeted approach ensures that you can directly impact and optimize operations, providing tailored solutions and improvements.
This role involves a blend of technical proficiency and interpersonal skills, offering the chance to impact our financial strategies.

Key Responsibilities:

• Cash Management: Handle daily cash applications and support the closing of Cash GL, particularly at month-end. Tackle non-standard and complex cash application scenarios, ensuring efficiency and compliance.

• Leadership and Training: Ensure a smooth process flow, provide support and mentorship to team members, especially in managing difficult cases and foster team spirit and a positive work ambiance.

• Process Improvement: Collaborate with IT and Global Process Champions to address challenges in low auto-cash applications and drive overall process enhancements. Collaborate with local market within the EMEA region based on language capabilities to drive process enhancements and adapt practices to local needs.

• Compliance and Reporting: Uphold stringent compliance with legislation and company policies, support audit processes, and deliver insightful KPI reports to management.

• Problem Solving: Conduct root cause analysis to improve collections strategies and reduce overdue debts, applying innovative solutions to enhance financial operations.

Requirements:

• At least 3 years of experience in cash application within a GBS, BPO, or SSC environment.

• Fluent in English and one additional language: French, Italian, Spanish, Greek, Turkish, Romanian, Hungarian, Czech, Arabic, Polish.

• Solid experience in handling various payment modes such as Direct Debits, Cheques, BoE, etc., demonstrating a deep understanding of cash application complexities.

• Strong accounting skills and mastery in Excel (including pivots, xlookup, etc.).

• Excellent interpersonal skills, with a focus on mentoring.

• Patience and a supportive attitude to foster a collaborative team environment.

• Bachelor’s or Master’s degree in finance, accounting, or related field.

What We Offer:

• Competitive salary with annual bonuses.

• Operational bonus.

• Language bonus.

• Private health care from LuxMed, including dental coverage.

• A hybrid work model in a vibrant, modern workspace.

• Multisport Membership.

• Referral Program.

• Access to our Learning Cafeteria, including Percipio.

• Well-being Workshops.

• Mentoring Program (YAM).

• Team Building Events.

• CSR Initiatives.