Eaton Corporation Collection Analyst in Budapest, Hungary

Eaton's Corporate sector has an opening for an:

Collection Analyst

The primary purpose of this role is to provide expert collections and reconciliation skills in relation to managing the cash flow across the region to ensure that targets are met and exceeded. The candidate will be required to liaise with key internal stakeholders, end customers, have the ability to communicate effectively. A proven track record in achieving results and the ability to provide analysis and recommendations on cash flow enhancements is essential.

Essential Functions:

  • Build a Credit Collections strategy and ensure goals are achieved on European based portfolio

  • Achieve & Exceed Credit & Collections goals

  • Define key process enhancements that will drive enhancements through the OTC process and improve cash flow

  • Provide accurate weekly cash forecasts, mitigation risk plans and clear escalation plans to Credit management based on collection activity

  • Provide weekly action plans on delinquent customers across the portfolio to drive resolution and mitigate root cause.

  • Analyses collection performance on portfolio and drive future strategy to ensure goals are met and exceeded

  • Define process/strategy to reduce and maintain a low volume/value of disputed items on the portfolio

  • Review customer credit Risk to mitigate bad debts and reduce reserve account

  • Work on documenting and standardizing processes within the function

Qualifications

Qualifications:

  • At least 2 years’ experience in a Credit & Collections role

  • Fluent in English, Swedish would be a plus

  • Strong track record in achieving and exceeding goals/targets essential

  • Experience of credit management and collections management preferable

  • Strong understanding of the Order to cash process

  • Ability to negotiate effectively to drive resolutions.

  • Strong reconciliation and problem solving skills

  • Strong customer focus and service delivery

  • Ability to provide accurate data and proven experience in ability to influence recipients in relation to content

  • Intermediate to Advanced Excel skills required

  • Process Improvement experience, always looking for opportunities to refine the way we do things

  • Strong team player

  • Previous experience of Oracle/SAP and other ERP systems preferred

What Eaton offers:

  • Permanent contract in fast growing global company

  • Great promotional opportunities – Eaton encourages internal promotion, whenever possible

  • Culture & Values - Eaton is more than the products we invent and produce – the way we do business is just as important. At Eaton, our values and culture define who we are – both individually and as an organization – and direct our activities every day

  • Learning & Development - We invest in our employees for the long term – not just with salary and benefits, but with ongoing learning and development opportunities made available through Eaton University

Eaton is a power management company with 2016 sales of $19.7 billion. We provide energy-efficient solutions that help our customers effectively manage electrical, hydraulic and mechanical power more efficiently, safely and sustainably. Eaton is dedicated to improving the quality of life and the environment through the use of power management technologies and services. Eaton has approximately 95,000 employees and sells products to customers in more than 175 countries. For more information, visit Eaton.com.

At Eaton we see things differently. We see opportunities to innovate, go above and beyond, and we work hard because what we do reflects who we are. If you see things differently – if you’re determined, motivated and focused on improving the world around you – then it’s time to see where a career at Eaton can take you. For more information visit www. Eaton.com/careers.

Job: Finance/Accounting

Region: Europe, Middle East, Africa

Organization: Corporate Sector

Job Level: Individual Contributor

Schedule: Full-time

Is remote work (i.e. working from home or another Eaton facility) allowed for this position?: No

Does this position offer relocation?: No

Travel: No