At Air Products, we reimagine what’s possible. By tapping into the motivation of our people and our collective experience, we create the ideas and innovations that drive us forward. When we come together – where every voice is heard and everyone knows they belong and matter – we create solutions that launch people into space, support lifesaving care in hospitals, and enable the construction of groundbreaking, world scale production facilities.
Reimagine What’s Possible
POSITION SUMMARY
Purpose
This position reports to the Manager, Cash Application under SBS. The primary responsibility is to provide Accounts Receivable Accounting services in the Asia region. This position is responsible to handle payments from customers by applying remittances to open invoices in the SAP system within service level agreement (SLA) in compliance with company policies and practices
Nature and Scope
This position requires frequent interaction with credit & collection team/Banks/Intercompany team/billing/treasury team to resolve any cash application issues. The incumbent must possess the ability to perform detailed account audits and clear document findings and provides essential support to the function supervisor in developing processes for new initiatives
The incumbent must well verse understanding of the cash application process and should report to Accounts Receivable Supervisor. Jobholder’s must have strong interpersonal and good communications skills with collection team to implement any changes that necessary to ensure all cash application processes are functioning in compliance with company policies and practices
PRINCIPAL ACCOUNTABILITIES
- Responsible for applying payments based on payment remittances and instructions from the Collection Team and customer
- Performs monthly reconciliation of cash application offset entries and verifies that all reconciliation for A/R accounts is completed accurately on time
- Responsible to Process other transactions, i.e.: Offsets, Check requests, bad Debts/Dispute items Write Off and B-Codes (small dollar journal entries). Also, for the lock box application, including Checks, EDI, Wires and verifies deposits are loaded into the SAP (A/R system) daily and reconciled to reports provided by both the bank and the SAP
- Ensure email inquiries from all party must be responded within 2 working days. Liaise with Collection Team to have effective communication to process payments
- Closely follow up with Collection Team regarding over/short payment from customer as well as unallocated terms and unknown payments
Be flexible to change supporting regions when the workload requires
Meet yearly KPIs goal on monthly basis including SLA and unallocated cash
Support on any SOX and statutory audit inquiries from internal and external auditors. Ensure all transactions are being performed based on standard work process to comply with Finance policy - Ensure effective communication with collection team is key to perform the transaction
- Must have basic problem-solving skills to analyses issue. Ensure all transactions are being performed based on standard work process to comply with Finance policy
- Performs other duties assigned by the Accounts Receivable Supervisor / Team leader as deemed necessary
MINIMUM REQUIREMENTS AND QUALIFICATIONS
- Candidate must have at least Degree in Accounting, Finance, Banking or equivalent
- Good communication skills and ability to work as part of a team
Ability to speak and write good Chinese and English is a must.
SAP experience or any experience in a Shared Service would be advantage - Demonstrated detail orientated skills to be able to complete task accurately
Founded in 1940, Air Products is a world-leading industrial gases company and has a proud history of innovation, operational excellence, with an unwavering commitment to safety and environmental stewardship. Working together, we are taking our passion and diverse backgrounds forward to reimagine what’s possible and generate a cleaner future for our customers, our communities, and the world.
Skills Required
- Degree in Accounting, Finance, Banking, or an equivalent field
- Strong Chinese and English speaking and writing skills
- Good communication skills and ability to work as part of a team
- Demonstrated attention to detail and ability to complete tasks accurately
- Basic problem-solving and analytical skills
- SAP experience or shared services experience
What We Do
Air Products (NYSE:APD) is a world-leading industrial gases company in operation for over 80 years focused on serving energy, environmental, and emerging markets. The Company has two growth pillars driven by sustainability. Air Products’ base business provides essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing, and food. The Company also develops, engineers, builds, owns and operates some of the world's largest clean hydrogen projects supporting the transition to low- and zero-carbon energy in the heavy-duty transportation and industrial sectors. Additionally, Air Products is the world leader in the supply of liquefied natural gas process technology and equipment, and provides turbomachinery, membrane systems and cryogenic containers globally. The Company had fiscal 2023 sales of $12.6 billion from operations in approximately 50 countries and has a current market capitalization of about $65 billion. Approximately 23,000 passionate, talented and committed employees from diverse backgrounds are driven by Air Products’ higher purpose to create innovative solutions that benefit the environment, enhance sustainability and reimagine what's possible to address the challenges facing customers, communities, and the world.
