Senior Finance Specialist - Cash Collections
Senior Finance Specialist - Cash Collections
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1 Vacancy
Job Description
We help the world run better
At SAP we keep it simple: you bring your best to us and well bring out the best in you. Were builders touching over 20 industries and 80% of global commerce and we need your unique talents to help shape whats next. The work is challenging but it matters. Youll find a place where you can be yourself prioritize your wellbeing and truly belong. Whats in it for you Constant learning skill growth great benefits and a team that wants you to grow and succeed.
Role Description:
The SAP Global Cash Collections Organization resumes ownership of the companys trade receivables. The main focus is reduction of DSO and improvement of cash-flow by driving timely settlement from customers using standardized processes and tools.
Key Areas of Responsibility and Tasks:
- Perform monitoring and collection of receivables including overdue receivables
- Proactively call customers to reassure the time of invoice payment
- Creation and distribution of dunning letters to customers in a prompt and accurate manner
- Investigate billing discrepancies and respond to external queries through Dispute Cases
- Handle a selected group of customers
- Work closely with both internal & external customers to expedite the collection efforts
- Investigate A/R impairments and propose Sales Allowances
- Escalate to management team any problem that holds the collection process to flow
- Update reports and send the statement of accounts to each customer
- Support the training of new team members
- Participate in projects
- Monitor open dispute cases
- Follow SAP processes and use application tools available in ISP
- Support Ad-hoc queries and contributes to projects
- Contact for external and internal auditors
- Analyze and investigate dispute cases to avoid complaints in future
Competences & Skills:
- Accounting and collections knowledge
- Customer focus approach
- Communication skills (verbally and written)
- Monitoring of payment behavior of customers
- Ability to work under pressure
- Ability to work in an international environment
- Understanding of SAPs goals and strategy
- SAP Employee Competencies
- IT Principles & data security
- Partner & Third Party Engagement
- Quality Focus
- Results Driven
- Self-Development
- Teamwork & Collaboration
- Operate SAP Financial Processes & Systems
- Analytics capabilities
- Good problem solving skills are required
- Must be a well-organized and self-starter with can do attitude
Experience & Language Requirements
- Working experience within a finance related field required (2-5 years)
- Fluent written and spoken language skills of the one needed in customer contact
- Basic command of written and spoken English
Education
- Successfully completed University Degree (not in Germany)
- Accounting or related field of knowledge is required
- Professional Training & Certification
Bring out your best
SAP innovations help more than four hundred thousand customers worldwide work together more efficiently and use business insight more effectively. Originally known for leadership in enterprise resource planning (ERP) software SAP has evolved to become a market leader in end-to-end business application software and related services for database analytics intelligent technologies and experience management. As a cloud company with two hundred million users and more than one hundred thousand employees worldwide we are purpose-driven and future-focused with a highly collaborative team ethic and commitment to personal development. Whether connecting global industries people or platforms we help ensure every challenge gets the solution it deserves. At SAP you can bring out your best.
We win with inclusion
SAPs culture of inclusion focus on health and well-being and flexible working models help ensure that everyone regardless of background feels included and can run at their best. At SAP we believe we are made stronger by the unique capabilities and qualities that each person brings to our company and we invest in our employees to inspire confidence and help everyone realize their full potential. We ultimately believe in unleashing all talent and creating a better world.
SAP is committed to the values of Equal Employment Opportunity and provides accessibility accommodations to applicants with physical and/or mental disabilities. If you are interested in applying for employment with SAP and are in need of accommodation or special assistance to navigate our website or to complete your application please send an e-mail with your request to Recruiting Operations Team:
For SAP employees: Only permanent roles are eligible for the SAP Employee Referral Program according to the eligibility rules set in the SAP Referral Policy. Specific conditions may apply for roles in Vocational Training.
Qualified applicants will receive consideration for employment without regard to their age race religion national origin ethnicity gender (including pregnancy childbirth et al) sexual orientation gender identity or expression protected veteran status or disability in compliance with applicable federal state and local legal requirements.
Successful candidates might be required to undergo a background verification with an external vendor.
AI Usage in the Recruitment Process
For information on the responsible use of AI in our recruitment process please refer to our Guidelines for Ethical Usage of AI in the Recruiting Process.
Please note that any violation of these guidelines may result in disqualification from the hiring process.
Requisition ID: 434238 Work Area: Finance Expected Travel: 0 - 10% Career Status: Professional Employment Type: Regular Full Time Additional Locations: #LI-Hybrid
Required Experience:
Senior IC
Employment Type
Full-Time
