Collections Specialist

Honeywell Aerospace • Istanbul, Turkey • 2d ago

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Collection Specialist – BA META

This role entails overseeing the Letter of Credit(LC) business support for the BA Products META region, managing Türkiye's FOREX reconciliation, handling withholding tax, and reducing receivable aging with a primary focus on resolving outstanding dues and collecting payments from customers across META region.

The individual will be responsible for managing the complete Letter of Credit process, enabling collections in collaboration with the Corporate Treasury Team, Operations, and Sales. Daily customer follow-ups and timely collections will be essential responsibilities, ensuring that deadlines are achieved and that specific goals related to Cash Collection, Past Dues (PD), and Accounts Receivable (AR) are met. Additionally, the role involves conducting root cause analyses to prevent future issues. A significant emphasis will be placed on the timely submission of Letter of Credit (LC) documents and minimizing risks associated with discrepancies and past dues. This position also requires managing both external and internal customer relationships along with other daily transactions.

Experience & Qualifications:

Mandatory Bachelor’s degree in Finance / Accounting
Minimum 5 years’ experience in Letter of Credit management, Credit & Collection in a Multinational environment and managing external customer and banking relationships
Familiarity with META LC processes, UCP guidelines, banking procedures, and effective strategies to mitigate past dues risks are essential qualifications
Demonstrated ability to influence without authority and excellent communication skills
ERP knowledge of SAP is preferred and Excellent experience using Microsoft tools

Skills & Competencies:

Leadership; Self Motivated; Works Independently
Excellent English and Arabic communication
Process-oriented & Proven record of meeting deadlines
Assertive, Customer-focused & Strong negotiation skills
Relevant industry experience is essential

If this is your dream role, then we'd love to hear from you.

We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.