Cash Collection Specialist at General Electric

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.

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Job Position: Cash Collection Specialist

Job Location: Abuja

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.

Job Responsibilities

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

Job 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:

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

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