Credit and Collections Support Specialist

Philips
Job title: Credit and Collections Support Specialist
Company: Philips
Job description: Job Title Credit and Collections Support SpecialistJob DescriptionJob TitleCredit and Collections Support SpecialistJob DescriptionAs Credit and Collections Support 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’ GCR by maintaining excellent relationships with our customers, internal finance leadership, and cross-functional business partners.Your role:Daily retrieval of bank activity (ACH, wire, EBAD and L/C) and ERP receipt activity and post payments to customer accountsDaily and monthly reconciliations against monthly bank statements – identifying and resolving reconciliation items on customer accountsProcess offsets to clear matched debts and credits on customer accountsManage the Unapplied Cash report and work with Collections to identify solutions to unreconciled cash itemsProviding indirect leadership to cash applications, internal finance leadership and cross-functional business partners related to cash management best practicesSupport and contribute to accounts receivable accounting lean process improvementsYou’re the right fit if:College graduate or Bachelor’s degree in Accounting/Finance or Accounting professional equivalentAbility to communicate, read and write English; Fluent in English or Japanese considered a plusPrior Cash Applications/AR experience in a high volume environment is considered a plusProficient in MS ExcelCustomer service focusDetermination to achieve excellent resultsAbout Philips
We are a health technology company. We built our entire company around the belief that every human matters, and we won’t stop until everybody everywhere has access to the quality healthcare that we all deserve. Do the work of your life to help the lives of others.
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If you’re interested in this role and have many, but not all, of the experiences needed, we encourage you to apply. You may still be the right candidate for this or other opportunities at Philips. Learn more about our commitment to diversity and inclusion .
Expected salary:
Location: Suzhou, Jiangsu
Job date: Sun, 20 Jul 2025 07:54:47 GMT
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