Lead Finance Specialist

4 days ago

Quezon City, National Capital Region, Philippines beBeeFinance Full time

Job Overview

Thermo Fisher Scientific seeks a skilled professional to fill the role of Lead Finance Specialist. This position is a key member of the Order-to-Cash (OtC) department, responsible for applying day-to-day recording of cash receipts for allocated countries.

Responsibilities:
  • Maintain daily monitoring of incoming cash transactions.
  • Process bank receipts in a timely and accurate manner.
  • Ensure proper allocation of debtors suspense amounts against customers or to appropriate general ledger areas.
  • Record cheque receipts, log cheques with the bank, and follow through until receipt into the account.
  • Process direct debits and collaborate with Treasury teams to ensure end-to-end approval.
  • Investigate and resolve any discrepancies.
  • Guarantee sufficient documentation is maintained to trace all transactions and maintain reconciliation.
  • Perform month-end activities such as account reconciliation, month-end close, and reporting.
  • Liaise with internal credit control teams to discuss complex unallocated payments.
  • Contact customers to obtain remittances or resolve outstanding cash entries.
  • Review and act on unallocated cash amounts on a regular basis.
  • Provide timely access to leaders regarding difficult team cases that have not been resolved.
  • Develop knowledge in company systems and platforms for assigned processes.
  • Evaluate performance tasks according to company policies, internal controls, and Sarbanes-Oxley requirements.
  • Ensure completion of Cash Application tickets and other requests within established service level agreements.
  • Verify approvals are in accordance with applicable process matrices before completing applications.
  • Assist with internal or external audits by compiling requested samples.
  • Identify opportunities for process improvements within the department, proposing solutions and standard processes.

Skills & Qualifications Required:

  • Required Skills:
    • Effective communication skills to address issues and provide updates.
    • Proven attention to detail and accuracy.
    • Demonstrated ability to collaborate effectively with various stakeholders.
    • Comfortable working in a fast-paced environment.
    • Ability to work independently to resolve issues and perform first-level customer concerns.
    • Strong organisational and time management skills to ensure prioritisation and timely completion of tasks.
    • Initiative and organisation skills to ensure timely completion of a large volume of work.
  • Qualifications and Experience:
    • University or College degree.
    • Proficiency in Microsoft Office software.
    • Previous experience in Shared Service Centers in a similar role.
    • Proven experience handling at least one ERP system.
    • Experience in banking portals.

Work Environment

This role interacts with various levels of internal and external customers. Therefore, effective communication skills are required to address issues and provide updates.

About Thermo Fisher Scientific

At Thermo Fisher Scientific, we're committed to making the world healthier, cleaner, and safer. We strive to create an inclusive culture where every employee can thrive, contribute their best, and grow professionally. As part of our team, you'll be empowered to make a meaningful difference in people's lives while advancing your own career.

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