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Full-Time Credit & Collections Specialist – English

GE – Posted by GE Budapest, Budapest, Hungary


Job Description

Business: GE Capital
Business Segment: Capital – EMEA
About Us: GE Capital EMEA is one of the region’s largest commercial and consumer lenders with over $80 billion in assets, 19,000 employees, more than five million customers and operations in 19 countries.

For businesses, particularly small and mid-market firms, GE Capital EMEA provides a range of specialised financial products and services including receivables financing, distribution finance, acquisition finance and commercial loans and leases to support customer needs. And, thanks to GE’s 130+ years’ experience in energy, aviation, healthcare and media industries, we know how to make business assets work harder. In addition, GE Capital EMEA serves millions of consumers through its award-winning retail banks in the Czech Republic, Hungary, Nordics, Poland and Switzerland.

GE Capital EMEA also includes Mubadala GE Capital PJSC, the commercial finance joint venture between GE and Mubadala, based in Abu Dhabi, which is focused on commercial investments around the world with a particular emphasis on the Middle East.

Working Capital Solutions (WCS) leverages the financial solutions and industry expertise of GE Capital to offer Accounts Receivable management on a global basis to GE and its affiliates. We offer a full range of Accounts Receivable management capabilities, including financing and servicing solutions through our world class people, processes and technologies. With over $55B receivables purchased annually and $10B of serviced assets at year end 2012, WCS provides credit and collections services through five Centers of Excellence and over 12 locations globally. WCS is part of GE Capital EMEA – one of Europe’s largest commercial and consumer lenders with more than five million customers and operations in 19 countries.

WCS is committed to global diversity by employing the brightest minds in the world to help us create limitless ideas and solve tough challenges. We provide employees with opportunities to reach their growth potential and contribute to the progress of the communities we serve.

Our achievements reflect a culture of meritocracy where every employee can be a leader. We believe that when one person grows and improves, we can all grow and improve — and together, we all rise.

Connect with us! GE Capital provides all the latest news and career opportunities directly to you via Twitter @geeuropecareers or on LinkedIn
at GE Capital Careers. You can also find out what it’s like to work with us in this video – Youtube

Posted Position Title: Credit & Collections Specialist – English Speaking
Career Level: Experienced
Function: Collections
Function Segment: Collections – Multi Stage
Location: Hungary
U.S. State, China or Canada Provinces:  
City: Budapest
Postal Code: 1138
Relocation Assistance: No
Role Summary/Purpose: Credit and Collections activities related to the assigned GE business portfolio.
Essential Responsibilities:
  • Resolve customer inquiries promptly & accurately, by understanding customer market & needs.
  • Proactively contact customers for prompt collection or resolution of aged receivables, by regularly collecting & analysing customer data.
  • Be responsible for customer financial order approval/releases, by balancing the needs of the customer with the financial realities of their liquidity.
  • Have a controllership overview of the dunning cycle/letters.
  • Establish and maintain appropriate credit lines for new and existing customers with the Risk Team by analysing customer financials.
  • Balance risk and growth objectives by providing a strong link to the commercial, and actively supporting Credit/ Risk analyses and reviews.
  • Validate that reports meet GE’s risk & financial requirements.
  • Coordinate Payment Plan proposals, pre-bankruptcy and pre-receivership recoveries, once approved by the risk department.
  • There may be an opportunity to take part in special projects, for those interested in personal / professional development opportunities.
  • Accomplish all responsibilities in line with GE’s compliance and integrity requirements.
  • Business School Degree or qualification or minimum of 2 years directly related experience to either cash collection or customer service, ideally in a multinational environment.
  • Ability to work under pressure in a dynamic environment.
  • Microsoft Office proficiency, especially Excel.
  • Demonstrated effective cash collection skills, with detail orientation.
  • Proven financial analysis skills
  • Fluent English (and preferably in another language)
  • Ability to be pro-active and to think “outside the box”.
  • Excellent proven interpersonal and teamwork skills.
  • Excellent verbal and written communication skills.
  • Capable of resourceful problem solving, while remaining customer-focussed.
  • Cultural awareness in an diverse and international environment.
  • hirst for learning.
  • You MUST submit resume through COS (GE employees) or (external job seekers) to be considered for this job opening.
Additional Eligibility Qualifications:  
Desired Characteristics:
  • Solid knowledge and experience of Letters of Credit & Export Payment Terms is a plus.
  • Factoring, Trade Finance knowledge and experience a plus.
  • Multilingual preferred.

Job Segments: Credit, Social Media, Accounts Receivable, Collections, Aviation, Finance, Marketing

Please apply directly on the GE website!

Job Categories: Finance / Accountancy / Controlling. Job Types: Full-Time. Job Tags: accounts receivable, aviation, collections, credit, English, finance, marketing, and social media.

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