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When you join Honeywell, you become a member of our distributed team of problem solvers, innovators, dreamers and doers who make the things that make the future.
That means changing the way we fly, fueling jets in an eco-friendly way, keeping buildings smart and safe and even making it possible to breathe on Mars.
Working at Honeywell isn’t just about developing cool things. That’s why all of our employees enjoy access to dynamic career opportunities across different fields and industries.
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You will have responsibility for driving Customer to Cash cycle for HBT KSA. Receivable ageing reduction with particular focus in resolving past dues/ disputed / collection from delinquent customers are core deliverables. This position will report in to SBG Working Capital & C2C Leader.
Responsible for proactive customer invoicing negotiation and collections enablement in coordination with Ops and Sales. Pre sales credit check and payment term optimization. Ensure deadlines are met, working towards/and achieving goals for Cash Collection, Past Dues (PD), Accounts Receivable (AR) and Dispute prevention goals. Key focus on AFDA (Allowance For Doubtful Accounts) de-risking P&L and recovery of Balance Sheet AFDA. Work with Customer Support / Contracts team on customer disputes, escalation for non-paying customers. This position will run External and Internal customer relationship and other day to day transactions.
Partner with LOB Leaders, Sales and Finance to drive HBT KSA Credit & Collections. This includes Cash Collection, driving Past Dues reduction, DSO improvement and AFDA reduction
Actively lead the reduction of accounts receivable for KSA HBS Government customers. Develop relationship and implement strategies for getting timely collections from Government customers.
Engage with Cross Functional team and deploy strategies / resources to meet Past Dues / AFDA / AR targets and objectives
Partner with functional leaders for monthly cash forecasting, managing day to day follow-ups, collections, dispute resolution and cash application
Establish and maintain effective Internal and External working relationships; including Sales, Operations, Customer Service, Finance, Customer and banking Relationships
Key focus on AFDA (Allowance For Doubtful Accounts) de-risking P&L and recovery of Balance Sheet AFDA.
Banking Relationship Management: Maintain strong relationship with bankers and support on Letter of Credit transactions.
Credit Risk Management: Periodic credit evaluation of existing customers, Credit assessment of new customer.
Drive weekly cash calls, influence respective stake owners to complete actions as per deadline
Lead and coordinate customer accounts including account reconciliations and application of unapplied credits/cash.
Drive regular involvement of regional management in status of portfolio
Actively Participate in Six Sigma Teams
Mandatory Bachelor’s degree in Finance / Accounting
5 years’ experience in collection and dispute resolution in a Multinational environment or handling external customer relationships
5 years’ experience in finance or accounting functions – Preferable Receivables Management, Credit and Risk Management, banking relationship management.
Demonstrated ability to influence without authority
SAP is a must
Excellent experience using Microsoft tools
Experience of handling contractual disputes / Legal cases
Demonstrated ability to Lead process changes
Background of handling contracts / legal disputes
Understanding of financial accounting basics
Excellent communication skills both internally across distances and externally with customers; ability to tailor the communications to the appropriate audience
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
JOB ID: HRD102273
Location: 3rd Floor, Olaya Tower A,Riyadh,AL RIYADH,Saudi Arabia
Click here to Apply Online