Credit and Cash Collections Specialist

3 weeks ago


Budapest, Budapest, Hungary Karrier Hungária Full time
Join Our Team as a Credit and Cash Collections Specialist

We are seeking a skilled professional to collaborate with our UK market on exciting AR projects.


As a Credit and Cash Collections Specialist, you will be responsible for a combination of Credit management, Cash Collections, Cash Applications, and Dispute management activities for our subsidiaries.


Main Responsibilities:

  • Collect all overdue and falling due balances in a timely manner, operate the end-to-end cash applications and collections process
  • Establish and regularly review and maintain credit risk and credit limits of own customer portfolio using 3rd party credit agencies and publicly available data
  • Perform daily cash application and reconciliation of bank accounts, cash (inflow) forecasting
  • Create and maintain customer accounts
  • Work closely with partners, account management and sales teams and local finance managers
  • First point of contact for customer queries and payment issues
  • Handling phone queries as and when required
  • Own, report and escalate any queries preventing customer payment
  • Ensure the accuracy of each ledger's ageing by reconciling cash receipts accurately
  • Regular updated reporting for the Groups cash position and input to the Group Working Capital commentary on all key movements and balances
  • Debtor ledger analysis of monthly debtor balance movement
  • Participate in the month end/year end closing activities and reporting requirements, assist with audit queries


Required Skills:

  • 1-3 years previous experience in Accounts Receivable in Collections or Cash Application role
  • College or university degree
  • Fluent English
  • Great communication and negotiation and relationship building skills
  • Resilience in resolving problems
  • Good understanding of financial processes
  • Proven experience of working to tight deadlines and being able to prioritize multiple tasks
  • Knowledge of Microsoft Excel


What Our Partner Can Offer:

  • Hybrid working arrangements (3 home office / week)
  • Cafeteria
  • Private healthcare
  • Offsite parking
  • Yearly bonus


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