Philips Collections Specialist – 1 year contract (possibility to extend into permanent position) - Philips HealthTech - Egypt in Egypt

About Philips:

For 124 years, Philips has been a leader in building and shaping markets with our meaningful innovations. We have always been guided by our passion to improve people’s lives – true to our vision of making the world healthier and more sustainable through innovation.

In 2014 we announced the next phase of our Accelerate! transformation, moving from a holding company structured around multiple divisions to two stand-alone operating companies – in HealthTech and Lighting Solutions – with the ambition of capturing growth and creating value, both leveraging the trusted Philips brand.

About Philips Africa:

Philips Africa HT covers the continent in 5 Key Districts across multiple countries in Africa. Philips Africa HQ is in Johannesburg, South Africa with the other districts including Egypt, Kenya, Morocco/Algeria, Ghana/Nigeria.

Why choose Philips:

Financial agility and innovative thinking!

We operate in some of the world’s fastest-moving and highest growth rate markets, where financial agility and out-of-the-box thinking are crucial in order to stay ahead of the competition.

Better, smarter, sharper!

As a finance professional at Philips you’ll form part of a team continuously looking for improvements in how we do business. That means driving lasting change throughout the organization; transforming the way we do things through better, smarter and sharper finance functions. In a worldwide organization with direct operations in 60 different countries, this offers real challenges in terms of setting objectives and change management.

Develop your potential to the fullest!

Come and exercise your innovative financial thinking and entrepreneurial skills in a way that helps drive our ongoing innovation efforts. And, in doing so, be at the forefront of your profession through our ongoing career development programs, challenging projects and by using the latest in financial development tools. A career in finance at Philips allows you to develop your potential to the full.

Job Title: Collections Specialist - Philips HealthTech – Egypt – 1 year contract (possibility to extend into a permanent role)

Job placement in the organisation: Reports to the Head of Finance Africa.

Your challenge:

Your challenge will be to manage & organize the Collections and Queries activities according a clear policy in terms of efficiency (priority setting, to do lists, shared customers, registration & follow up) and effectiveness (minimal overdues and queries). Receives predetermined work assignments that are subject to a high level of control and review. Uses established guidelines, procedures and policies in order to minimize the outstanding receivables and the day’s sales outstanding. .

Your responsibilities:

  • Organize, support and develop accounts receivable process

  • Establishes, implements, and maintains an effective delinquency control and follow-up program for all customer accounts that are late, delinquent, potentially delinquent, or written-off

  • Execute the collection process for strategic customers

  • Perform remaining enabling Order to Cash/Credit Control activities (e.g. credit notes with open items)

  • Organize, support and develop cash & collection process

  • Follow up on relevant queries and solving escalations in close cooperation with businesses

  • Initiate process improvements.

  • Provide on-going support, monitoring and coaching to C&C team ( both internally and externally).

We are looking for:

  • Bachelor in Accounting or related Field.

  • Minimum 7 years+ of working experience with accounting, collections, account receivables..

  • Customer service focus

  • Commercial sensitivity and business savvy

  • Show determination to achieve excellent results

  • SAP and Customer Master data process

  • Excellent communication and negotiation skills

  • Team player, Open minded change agent

  • Familiar and comfortable with a large, international, multi-matrix environment

  • Mentoring, coaching skills

  • Good level of English

Our Offer:

Sharpen your talents with new challenges in our dynamic organization. As a market-driven company, we’re used to listening to our customers & apply the same thinking to our employees. We offer a competitive salary, outstanding benefits and flexibility in a career with a positive and supportive atmosphere in which to develop your talents further.