The OTC Financial Specialist manages overdue receivables, ensuring timely collections, analyzing data, and implementing process improvements for efficiency.
The OTC Financial Specialist plays a vital role in the team, focusing on managing and enhancing the collection of overdue receivables from customers. This person will collaborate with stakeholders, leverage financial systems, and implement process improvements to ensure efficient and effective collections.
Responsibilities:
- Proactively manage a portfolio of accounts receivable, ensuring timely collection and resolution of outstanding invoices.
- Monitor and follow up on aged receivables, identifying and addressing collection issues promptly.
- Initiate communication with customers to secure timely payments and resolve payment discrepancies.
- Contribute to safeguarding company assets by ensuring timely and accurate collection of receivables.
- Evaluate credit risk and make recommendations for credit limits and terms to minimize potential losses.
- Ensure compliance with internal policies, financial regulations, and legal requirements related to collections.
- Prepare regular reports on receivables status, collections efforts, and key performance indicators.
- Analyze receivables data to identify trends, opportunities for improvement, and areas requiring further attention.
- Actively participate in continuous improvement initiatives aimed at streamlining O2C processes and enhancing collections efficiency.
Qualifications:
- Bachelor's degree in finance, accounting, business administration, or a related field.
- Must have at least 3 years of experience in collections or B2B Collections
- Strong understanding of Collections and principles.
- Experience or exposure in financial analysis, reporting, and data interpretation.
- Knowledge of compliance regulations and a commitment to upholding them.
- Experience with financial systems and software applications.
- Detail-oriented with strong organizational and time management skills.
- Problem-solving abilities and a proactive approach to issue resolution.
- Collaborative team player with the ability to work effectively across departments.
Top Skills
Financial Systems
Similar Jobs
Big Data • Food • Hardware • Machine Learning • Retail • Automation • Manufacturing
This role manages product data publication, ensuring accuracy and quality across systems while collaborating with stakeholders and resolving issues.
Top Skills:
Informatica PimExcelPimSalsify
Big Data • Food • Hardware • Machine Learning • Retail • Automation • Manufacturing
As a Brand Manager for Clif, you will lead the portfolio strategy, drive business growth, manage product development, and execute integrated marketing campaigns. You'll work with cross-functional teams and develop strategic plans based on consumer insights, while managing P&L responsibility.
Big Data • Food • Hardware • Machine Learning • Retail • Automation • Manufacturing
Manage and execute capital projects, ensuring adherence to Mondelēz standards. Lead project teams, develop budgets, and implement engineering solutions in a manufacturing environment.
Top Skills:
Integrated Lean Six Sigma
What you need to know about the Singapore Tech Scene
The digital revolution has driven a constant demand for tech professionals across industries like software development, data analytics and cybersecurity. In Singapore, one of the largest cities in Southeast Asia, the demand for tech talent is so high that the government continues to invest millions into programs designed to develop a talent pipeline directly from universities while also scaling efforts in pre-employment training and mid-career upskilling to expand and elevate its workforce.
