Honeywell

Job Description

As a Sr Collections Analyst here at Honeywell, you will play a critical role in leading and overseeing the collections function. Your primary responsibility will be to manage a team of collections managers and specialists, setting collection targets, and implementing strategies to optimize cash flow and minimize bad debt.

In this role, you will impact the efficiency and effectiveness of the collections process by collaborating with cross-functional teams to develop and implement collection policies and procedures. You will monitor and analyze collection performance, providing regular reports to senior management. Additionally, you will be responsible for resolving escalated customer issues and disputes related to collections.

Responsibilities

Key Responsibilities

• Support the Finance Corporate Team in cash collection activities.
• Builds Collections strategies for several portfolios/ the entire team to achieve the Collections KPIs.
• Acts as first escalation point to the local Sales organization & Sales leaders in Collections/ risk matters
• Daily follow up on overdue debts by telephone and email envisaging DSO improvement in support of the Finance Corporate Team.
• Managing and controlling the Accounts Receivables as per the debt collection procedure in support of the Finance Corporate Team.
• Identify high risk accounts and take appropriate action in support of the Finance Corporate Team.
• Investigating and resolving queries relating to non-payment of invoices in support of the Finance Corporate Team.
• Working to strict monthly and annual collections targets (AOP).
• Coding past dues and working towards root cause analysis
• Implement/ adopt the dedicated Collections software
• Collaborate in Transformation projects aiming to automate/ improve Collections outcomes
• Customer support in terms of Collections via phone & mail and support in Disputes resolution

Qualifications

YOU MUST HAVE

• Bachelor’s Degree in Finance, Accounting or a related field
• Fluency in English (another European language will be a PLUS)
• Minimum of 5 years of experience in collections, credit, or accounts receivable management
• Credit Control experience would be a plus
• Financial analysis knowledge
• Knowledge of SAP
• Knowledge of Excel

WE VALUE

• Empathy, teamwork ability, communication, business acumen, project skills etc.
• Strong communication skills.
• Team player but a self-starter as well.
• High level of accuracy and numeracy.
• Flexible and able to manage changes.
• Open Minded and proactive approach
• Motivated and dedicated. Ability to work on a multicultural team environment

About Us

Honeywell helps organizations solve the world's most complex challenges in automation, the future of aviation and energy transition. As a trusted partner, we provide actionable solutions and innovation through our Aerospace Technologies, Building Automation, Energy and Sustainability Solutions, and Industrial Automation business segments – powered by our Honeywell Forge software – that help make the world smarter, safer and more sustainable.