Posted Position Title - Cash Applications Specialist

Job Number	1843204
Business	GE Capital
Business Segment	Capital - EMEA
About Us	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.
Career Level	Experienced
Function	Financial Services Operations
Function Segment	Invoice and Cash Application
Location(s) Where Opening Is Available	United States
U.S. State, China or Canada Provinces	Florida
City	Jacksonville
Postal Code	32258-7402
Relocation Expenses	No
Role Summary/Purpose	GE is an equal opportunity employer, offering a great work environment, challenging career opportunities, professional training and competitive compensation. GE is an equal opportunity employer, offering a great work environment, challenging career opportunities, professional training and competitive compensation. As a member of WCS Center of Excellence for North America, you will be responsible for Cash Applications activities related to a GE business portfolio. This position offers international exposure within GE Capital and across the GE Industrial businesses and functions, which provides an ambitious candidate in this role with opportunities to
Essential Responsibilities	Day to day management of incoming customer receipts and posting to the appropriate customer account and invoices, system load and balancing Follow up with credit and collections department and internal customers directly when necessary. Inspect checks for date, currency, banking location, and amount Provide daily bank estimate and final bank deposit Carry out bank account reconciliations and general ledger postings required by established accounting procedures Redefining banking requirements to increase automation of processes in conjunction of the transfer of work of receivables management to the GECARS platform (Accounts Receivable System) Ensure all related procedures and policies are followed and system cash integrity maintained Ensure all audit requirements are met including Anti-Money Laundering The role will also have occasional interaction with GE Treasury function (Corporate) In addition the role will include ad hoc tasks in support of the Working Capital Solutions collections leadership team
Qualifications/Requirements	Basic Qualifications: High School Diploma/GED and a minimum of 4 years of transactional experience in financial services Proficient in Microsoft Suite (to include Word, Excel, PowerPoint, Access and Outlook) Eligibility Requirements : MUST be able to satisfy the requirements of Section 19 of the Federal Deposit Insurance Act. All applications for employment must be submitted through either www.gecareers.com or the Career Opportunity System (COS) to be considered You must be 18 years or older You must have a high school diploma or equivalent Ability to travel up to 20%, if applicable. You must be willing to take a drug test, submit to a background investigation and submit fingerprints as part of the selection process If currently a GE employee, you must have been in your current position for at least 6 months (AP) or 24 months (PB or greater), have at least a "consistently meets expectations" performance rating and have the approval of your manager to post (or the approval of your manager and HR to apply if you don't meet the time-in-job or performance requirement) For U.S. employment opportunities, GE hires U.S. citizens, permanent residents, asylees, refugees, and temporary residents. Temporary residence does not include those with non-immigrant work authorization (F, J, H or L visas), such as students in practical training status. Exceptions to these requirements will be determined based on shortage of qualified candidates with a particular skill. GE will require proof of work authorization. Any offer of employment is conditioned upon the successful completion of a background investigation and drug screen.
Additional Eligibility Qualifications	GE will only employ those who are legally authorized to work in the United States for this opening. Any offer of employment is conditioned upon the successful completion of a background investigation and drug screen.
Desired Characteristics	Bachelor’s degree Knowledge/Experience in international banking Previous experience in (commercial) collections or knowledge of (commercial) collections. Knowledge of Accounts Receivable systems, including GECARS, Oracle, SAP and SUN Strong verbal and written communication skills Minimum of 2 years related transactional experience in customer service, accounting, collections or cash applications Excellent interpersonal skills & strong customer service orientation Strong analytical skills and proven ability to interpret (complex) data Strong problem solving, conflict resolution and negotiation skills Ability to multi-task & ability to work under pressure in a fast paced environment Ability to be pro-active and to think "out of the box" Strong sense of integrity Excellent team player
Section 19 Job	YOU MUST BE ABLE TO SATISFY THE REQUIREMENTS OF SECTION 19 OF THE FEDERAL DEPOSIT INSURANCE ACT.