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About this Opportunity
The Cash Collector and Credit Management is the main driver to contribute to Ericsson's cash flow. You will continuously follow up for on time payment and driving on resolution of Account Receivable related issues/disputes with both internal stakeholders and the customer. This role is vital and will be responsible for dealing with customer organization 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. You must be able to perform High quality cash & AR due forecast (Including Balance Sheet Movements Unbilled, AR, Deferred Revenue, Advances, Customer financing accounts). Drive AR Due average improvement, and perform Aged AR clean ups (drive for high quality subledger)
What you will do
- Cash forecasting periodically on regular basis-based customer insight as well as business information.
- Updating of Cashflow forecast in EBW and weekly update to Treasury team
- Active involvement in customer/AR financing i.e. SOR, LC, LC discounting etc.
- Execution of sales of receivables and interaction with treasury/trade finance team
- Regular meeting with customer at all level and domains to resolve the issues creating hinderance in cashflow
- Close interaction with CU team for full business updates and customer insight on liquidity status
- Initiate and document periodic review meetings on the escalations related to cashflow or Account Receivables
- Pro-actively analyze and support resolution of disputes to internal stakeholders as well as customer.
- Supporting the improvement on WCAP level
- Support CCH on Statutory and Internal audits
- Close working with GCC team and resolving the issues faced by them during interaction with customer compliance for Account Receivables and Provision for doubtful debts
- Active involvement in Closure of Account Receivable books and reporting thereof
- Advice to the Treasury & Credit manager on payment terms and credit limits for customers
- Active involvement in Credit Management activities of CU
- Active involvement with Market Area Credit Manager for resolution of issues related to Credit Management
- Analysis of Credit block in system and support to credit management to release the blocks
You will bring
- Education: Academic degree in finance, accounting or similar field.
- Min years of experience: 3-5 years of experience in Finance and Accounting
- Ability to communicate in the customer's preferred language, as well as a willingness to and respect for other cultures.
- Accounting & Reporting skills
- Financial competence and analysis skills
- Financial model knowledge
- Treasury knowledge
- High influencing skills
- Strong drive to improve result
Why Join Ericsson?
At Ericsson, you´ll have an outstanding opportunity. The chance to use your skills and creativity to push the boundaries of what´s possible. To build never seen before solutions to some of the world's toughest problems. You´ll be challenged, but you won't be alone. You´ll be joining a team of diverse innovators, all driven to go beyond the status quo to craft what comes next.
What Happens once you apply?
Click Here to find all you need to know about what our typical hiring process looks like.
Encouraging a diverse and inclusive organization is core to our values at Ericsson, that's why we champion it in everything we do. We truly believe that by collaborating with people with different experiences we drive innovation, which is essential for our future growth. We encourage people from all backgrounds to apply and realize their full potential as part of our Ericsson team.
Ericsson is proud to be an Equal Opportunity and Affirmative Action employer, learn more. We are committed to providing reasonable accommodations to all individuals participating in the application and interview process. If you need assistance or to request an accommodation due to a disability please reach out to Contact us
We are proud to announce Ericsson Philippines has been named #9 in the country and is once again officially Great Place to Work® Certified™ in 2023. Every year, more than 10,000 organizations from over 60 countries partner with the Great Place to Work® Institute for assessment, benchmarking and planning actions to strengthen their workplace culture and this Certification acknowledges our employees value their employee experience and our workplace culture.