AR / Cash Collection and Application Specialist - 2 years fixed term
Employer · INNIO Group
Finance clerkBookkeeping assistant
Debt collectorFlexibleFull-timeTemporaryBudapest District XIII
As a member of the INNIO Jenbacher business in Budapest, Hungary, you will manage end-to-end cash collection and cash application activities. The role focuses on accurately applying incoming customer payments, reconciling customer accounts, resolving unapplied or unidentified cash, and proactively collecting overdue receivables.
Tasks
- Process and apply incoming customer payments accurately and promptly to the correct customer accounts and invoices.
- Review bank statements, remittance advice, and payment documentation to identify receipts and resolve missing or incomplete allocation details.
- Investigate and clear unapplied, unidentified, duplicate, or incorrectly allocated cash in cooperation with customers, collectors, Treasury, and other Finance teams.
- Perform regular customer account reconciliations, including matching invoices, payments, credit notes, deductions, and adjustments; identify root causes and coordinate corrective actions.
- Monitor accounts receivable aging and proactively contact customers regarding overdue balances, payment commitments, remittance details, and account discrepancies.
- Manage collection follow-ups, document customer commitments, and escalate disputes, broken promises, or payment risks in line with established procedures.
- Resolve customer queries and account discrepancies by analyzing receivables data and coordinating with Billing, Customer Service, Sales, Treasury, and other stakeholders.
- Complete daily cash posting controls, system uploads, balancing activities, and reconciliation checks to maintain cash and ledger integrity.
- Prepare clear account status updates and support reporting on collections, unapplied cash, reconciliation items, and aging performance.
- Follow all relevant policies, internal controls, and audit requirements, including Anti-Money Laundering requirements.
Conditions & benefits
Young & supportive teamin a fast-growing international business environmentLearn & develop yourselfhelp you craft your career path with INNIO learning, free language courses according to business needsHybrid working50% Office, 50 % Home Office with flexible working hoursCafeteria package with various optionsSZÉP Card, Cash option, Nursery & kindergarten supportMedicover Spring White Packagefrom the first day of employmentEasily accessible locationin the heart of the most vibrant campus area in Budapest (location: 13rd District, easy to approach by Metro Line 3)Take a breakRecharge your batteries with free coffee and tea selection in the kitchen areaLive an active lifestyleactivate your AYCM pass
Requirements
- Fluent written and spoken English; knowledge of an additional language is an advantage.
- University degree
- Experience investigating unapplied cash, short payments, deductions, and customer account discrepancies.
- At least two years of relevant transactional experience in cash applications, accounts receivable.
- Working knowledge of Microsoft Office, particularly Excel.
- Strong attention to detail, numerical accuracy, and ability to manage transaction-based work within deadlines.
- Oracle experience is an advantage.
- Strong analytical, problem-solving, and reconciliation skills.
- Clear and professional written and verbal communication skills, with a customer-focused approach.