Cash Application Specialist

At Johnson & Johnson, we believe health is everything.

Our strength in healthcare innovation empowers us to build a world where complex diseases are prevented, treated, and cured, where treatments are smarter and less invasive, and solutions are personal. Through our expertise in Innovative Medicine and MedTech, we are uniquely positioned to innovate across the full spectrum of healthcare solutions today to deliver the breakthroughs of tomorrow, and profoundly impact health for humanity. Learn more at https://www.jnj.com

Job Function:
Finance

Job Sub Function:
AP/AR

Job Category:
Professional

All Job Posting Locations:
Paranaque, National Capital Region (Manila), Philippines

Job Description:

The cash application Specialist is responsible for processing customer receipts and adjustments in an accurate and timely manner for specific business sectors and countries serviced by GS Manila.

This role ensures payments are correctly applied, reconciles cash, bank statements, and remittance advice and supports AR Reporting and audits.

Tasks/Duties/Responsibilities


* Processes and reconciles cash receipts, bank statement and remittance advice.


* Ensures that all incoming payments applied are balanced free of discrepancies and conform to policies and procedures.


* Works closely with Collection team for customer payment and claims reconciliation.


* Prepares customer's statement of account requests for refunds and write off/write-ons when there are credits on the customer's account.


* Generates and reconciles closing reports.


* Ensures service level and targets are met as per Service Level Agreements.


* Ensures proper and timely escalation of issues so that they are resolved to meet internal and external expectations.


* Identifies opportunities and participates in process improvements projects within Cash Applications and AR reporting process.


* Ensures all process documentations are updated and current.


* Support internal and external audits as needed.

Required Qualifications


* Bachelors degree in Accounting or Finance


* Excellent communications skills with the ability to collaborate with a variety of stakeholders.


* Workings knowledge of SAP is a plus.


* Proficiency in Microfost Office


* Excellent data entry and processing skills with an eye for detail and accuracy


* Ability to multitask and manage time and mulptiple deadlines.


* Experience in shared service center or prior experience in Cash Applications/Accounts Receivable

 

 

Required Skills:

 

 

Preferred Skills: