O2C Payment Application Specialist

• Payment Application

POSITION SNAPSHOT
Location: Cairo, Egypt
Company: Nestl e
Full-time
Bachelor's degree, preferably Business Commerce or Business Administration
‎1-‎2 years accounting experience
POSITION SUMMARY
We are looking for an experienced and result focused payment application
associate to be a part of our account receivable process by applying incoming
payments to the correct customer account and receivable invoices. We process
high volumes of transactions and remittances, as well as reconciling items
from the company's financial interests. As a part of our team, You will create
monthly reports for relevant stakeholders and management. observing all
relevant regulations.
A DAY IN THE LIFE …
* Setting up payment application rules, applying tolerances and health checks and using accuracy controls.
* Receive and post payments by ensuring payment identification and applying it on SAP to the customer ledger. This will be done by checking the bank statement and identifying the payment received related to which customer, and posts payment to customer account based on posting rules and filters.
* Follow up on unidentified payments as they are treated as exceptions and are subject to an exception management process for investigation and resolution.
* Receive and digitize remittance advice by reconciling the remittance advise received for the payments and matching with our rebate agreements and creation of deduction.
* Reconcile and apply payments
* Follow up on missing or unclear remittance advise with collection team.
* Resolve unapplied payments, by checking bank and customer portals for missing documentation.
ARE YOU A FIT?

* Experience working in Cross-functional teams
* Strong Analytical Skills
* Detail Oriented and Organized
* Result Focus
* Strong Leadership and Communication skills
* Ability to work in a challenging environment
* Bilingual English & Arabic, Turkish is a plus.

We are Nestle, the largest food and beverage company. We are ‎308,000 employees
strong driven by the purpose of enhancing the quality of life and contributing
to a healthier future. Our values are rooted in respect: respect for
ourselves, respect for others, respect for diversity and respect for our
future. With more than CHF ‎91.4 billion sales in ‎2018, we have an expansive
presence with ‎413 factories in more than ‎85 countries. We believe our people
are our most important asset, so we'll offer you a dynamic inclusive
international working environment with many opportunities across different
businesses, functions and geographies, working with diverse teams and
cultures. Want to learn more? Visit us at www.nestle.com.