Collections Specialist at Nokia

As part of our team, you will:

• Proactively tracks and collects Trade Debts & Advanced invoices (only when cash request is issued)
• Provides visibility and supports follow up of invoice disputes
• Collaborates with the customer to improve invoice approval and payment lead times
• Provides forecast of expected payment of open items for current quarter
• Ensure Receivables Management Tool correctly represents latest status of AR open items
• Reflect Manual invoice mapping in RMT
• Line Items Status Check (Collections) / progress chase
• Cash Allocation (Payments)
• Increases the speed at which customer’s open items move to cash
• Challenge any failure in the process preventing fast turn-around of invoices, i.e. disputes
• Provide status and trade debtor reports for customer and CT meetings
• Supports achievement of customer Overdue and cash targets
• Supports RBC/Asset Controllers with Sales of Receivables administration, Due date amendments, provide accurate cash forecasting
• Ensure payment deductions (penalties; WHT; etc) are resolved and dealt with
• Highlights E2E process improvements when inefficiencies exist
• Follow-up liquidation cases (if any)
• Execute the SOX Controls O2C203, O2C205a and TR620 in line with IC catalogue.

Your Skills And Experience

You have:

• Degree in Economics, Finance, Business Administration or any other related field;
• Fluent English;
• Problem Solving / Organization / Prioritization skills;
• Proactive mindset & Autonomous;
• Expert knowledge in MS Excel and SAP proficiency is a plus:
• Relationship building, able to build collaborative partnerships with internal and external teams backed up by strong communication skill;
• Business Orientation (Credit / Collections / Sales / OM) & experience in working with complex business processes with tight deadlines;
• Working across boundaries and with virtual teams;
• Contract Management knowledge preferable.