Cash Collection Specialist at General Electric - Power

Employment Nigeria 07-Apr-2023 ₦Not Available ABUJA , Banking and Finance Administrative

GE (NYSE:GE) drives the world forward by tackling its biggest challenges. By combining world-class engineering with software and analytics, GE helps the world work more efficiently, reliably, and safely. GE people are global, diverse and dedicated, operating with the highest integrity and passion to fulfill GE’s mission and deliver for our customers.

We are recruiting to fill the position below:

Job Title: Cash Collection Specialist

Job ID: R3699072
Location: Abuja
Category: Gas Power Europe Middle East Africa

Job Description Summary

This role will be responsible for driving the collection of cash and account receivables for key accounts for the Gas Power Services Business in the region.
This includes maintaining a consolidated invoice and cash dashboard with associated analytics, in partnership with the supporting functions.

Objectives
Our approach to diversity will be based on the following objectives:

Our employees - to continue to strive to ensure that our workforce is as diverse as the communities we serve, while always upholding the importance of merit.
Our workplace - to foster an inclusive culture that recognizes employees’ unique needs, helps them reach their full potential, and nurtures their diverse talents.
Our community - to strive for diversity in suppliers and partners and engage with the communities in which we operate to support diversity.

Job Description

The Cash collection Specialist will develop and implement collection strategies and techniques to ensure timely collection of cash as well as drive down past dues adopting lean techniques for efficient delivery of the scope.

Roles and Responsibilities

Ensure optimal cash collection and meeting cash metrics for key accounts
Develop and implement collection strategies for key accounts whilst working closely with contract performance managers and key account managers.
Forecasting and Reporting collection numbers for the key accounts.
Implementing and applying cash policies & procedures, as well as supporting the cash team to streamlining collection processes across the region
Identification, Validation and Verification of GE Cash entitlement with key accounts
Develop and negotiate customer payment plan structure supporting the Contract Performance Manager
Advise on best practices for customer engagement including the resolution of billing and customer credit issues
Create update and maintain customer cash value stream map
Create and maintain an effective invoice dashboard for all key accounts
Review, approval, and verification of invoices
Create and maintain a cash collections dashboard to track accurate and timely collections as well as identify coming due items.
Support the cash segment of regional Finance & Operations Pacing
Create, track and keep monthly credit records
Process invoices and submit same to customer for payments
Report on collection activity and accounts receivable status
Monitor accounts to identify past dues whilst taking action to resolve past dues
Investigate historical data for each past dues or invoices
Update account status records and collection efforts
Research and implement effective collection technique

Qualifications/Requirements

Bachelor's Degree in Finance, Business Administration, or related field
5+ years’ experience in collection specialist or similar role
Knowledge and familiarity of laws related to debt collection such as FDCPA
Strong Knowledge of Billing Procedures and Collection Techniques
Skilled in negotiation and possess problem-solving skills
Experience working and influencing outcomes with the Nigerian Government Public Sector
Excellent communication and analytical skills
Team oriented - ability to motivate and work well with diverse, cross-functional teams

Desired:

Excellent facilitation skills with ability to influence at all levels of the organization
In-depth knowledge of key players in the Nigerian Electricity Power Market
Ability to develop influential customer relationships
Understanding of GE's and customer financial drivers and needs

How to Apply
Interested and qualified candidates should:
Click here to apply online

Sorry the application deadline for this job has elapsed

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Cash Collection Specialist at General Electric - Power

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