Johnson & Johnson

Makes prescription drugs and medical devices

Invoice to Cash Specialist 1

Accounts Payable/ReceivableConfirmed live in the last 24 hours

Full-timeParañaque, Metro Manila, PhilippinesNo salary listed

About the Job

Requirements

A bachelor's degree in Accounting or Finance is required.
Excellent communication skills and the ability to collaborate with a variety of stakeholders are required.
Working knowledge of SAP is a plus.
Proficiency with Microsoft Office is required.
Strong data-entry and processing skills, with attention to detail and accuracy, are required.
Ability to multitask and manage time and multiple deadlines is required.
Ability to work independently with minimal supervision is required.

Responsibilities

Process and reconcile cash receipts, bank statements, and remittance advice.
Ensure incoming payments are accurately applied, balanced, free of discrepancies, and compliant with policies and procedures.
Work closely with the Collections team on customer payment and claims reconciliation.
Prepare customer statements of account and request refunds, write-offs, or write-ons when there are credits on customer accounts.
Generate and reconcile closing reports.
Ensure service levels and targets are met according to Service Level Agreements.
Escalate issues properly and promptly so they are resolved to meet internal and external expectations.
Identify opportunities and participate in process-improvement projects within Cash Applications and the Accounts Receivable reporting process.
Ensure all process documentation is current.
Support internal or external audits as needed.

Desired Qualifications

Foreign language capability in Japanese, Korean, Mandarin, or Thai is a plus.
Experience in a multinational corporation's shared services center is desirable.

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 Applications 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.The Cash Applications 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.

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 Collections team for customer payment and claims reconciliation
Prepares customer's statement of account, requests for refunds and write-offs/write-ons when there are credits on the customer's account
Generates and reconciles closing reports
Ensures service levels 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 improvement projects within the Cash Applications and AR reporting process
Ensures all process documentations are current.
Support internal or external audits as needed.

Required Qualifications

Bachelor degree in Accounting or Finance
Excellent communication skills, with the ability to collaborate with a variety of stakeholders. Foreign language capability (Japanese, Korean, Mandarin, Thai) is a plus
Working knowledge of SAP is a plus
Technology proficiency in Microsoft Office
Excellent data entry and processing skills with an eye for detail and accuracy
Ability to multitask and manage time and multiple deadlines
Must possess ability to work independently with minimal supervision
Experience in shared services center of a multinational corporation desirable

About the Company

Johnson & Johnson

Makes prescription drugs and medical devices

Johnson & Johnson develops prescription medicines and makes medical devices for hospitals, and unlike most big drugmakers, it runs both businesses under one roof. In 2015, its Darzalex became the first antibody drug approved for multiple myeloma, a blood cancer. Its medicines treat cancer, immune diseases such as psoriasis, and mental illnesses such as depression, and patented drugs bring in most of its sales. Its MedTech unit makes heart pumps, catheters that treat irregular heartbeats, surgical sutures, and Acuvue contact lenses. It was founded in 1886 to make sterile surgical dressings, is based in New Brunswick, New Jersey, and spun off its consumer brands, such as Tylenol and Band-Aid, as Kenvue in 2023.

Company size: 10,001+
Company stage: IPO
Headquarters: New Brunswick, NJ
Founded: 1886

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