Credit & Collections Trainee
Credit & Collections Trainee
At Philips, we are striving to make the world healthier and more sustainable through innovation, with the goal of improving the lives of 3 billion people a year by 2025.
It’s true that at 127 years old, we’re much older than you, but we’ve been around that long for a reason! The spirit of innovation and entrepreneurship is in our genes. Agility has helped us thrive, allowing us to reinvent ourselves and respond to global health challenges since the Philips brothers started out all those years ago. There’s no way we could have predicted more than a century ago that we’d be at the forefront of innovation and digital disruption today. But embracing the unexpected has led us here.
Philips Africa comprises all 54 countries of Africa, from the Cape to Cairo, and from the Atlantic to the Indian Ocean. Philips Africa is headquartered in Johannesburg, South Africa and it has a direct presence in four other African countries, in the cities of Accra, Casablanca, Cairo and Nairobi.
Don’t just learn to work – work to learn, surprise yourself with Philips!
We have been successfully running the traineeship programme in South Africa for the last past five years and this year again we are expecting to bring onboard talented fresh graduates who will during the 12 months of traineeship not just learn to work but work to learn! Therefore, please apply now if you meet the below requirements.
In this role, you will have the opportunity to
support the Credit and Collections Manager (HS) South Africa in the financial management of the HS South Africa business focusing on reporting, financial analysis activities.
You are responsible for
Sending out customer statements and invoices
Execution of system established collection plan
Analyze and monitor delinquent account balances, including effective overdue control and follow-up program for all customer accounts that are late, overdue, and potentially overdue.
Contacting clients with past due balances in the portfolio to obtain payment, payment commitment, and follow up on payment promises; or claim payments from intermediary (when collections are executed by 3rd parties (limited to some collectors)
Reporting any disputed/ short paid invoices with reasons for disputes and collaborating with the internal department to expedite resolution/payment
Perform customer account reconciliation including support to Infosys cash application team for clearing customer payments and credit items
To succeed in this role, you should meet the following requirements:
Bachelor in Finance, Accounting, Economics or Accounting orientated study.
You must be a South African Graduate and have completed all modules/credits for the qualification mentioned above with a minimum of 60%.
Qualifications obtained post -2016 will be preferred.
In return, we offer you
A 12-month programme that will provide a unique opportunity to gain valuable skills in a supportive environment, learning on-the-job and in the classroom. The challenging and meaningful work you do will help clinicians in rural communities, clinics and hospitals provide vital healthcare for patients across Africa.
Why should you join Philips?
Working at Philips is more than a job. It’s a calling to create a healthier society through meaningful work, focused on improving 3 billion lives a year by delivering innovative solutions across the health continuum. Our people experience a variety of unexpected moments when their lives and careers come together in meaningful ways. Visit our careers site to learn more.
The Company’s approved Employment Equity Plan and Targets will be considered as part of the recruitment process. As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply. Only apply for this role if you are a South African Citizen by birth or Naturalization prior to the 27 April 1994.
Applications must be accompanied by a recently updated comprehensive CV, certified copies of all qualifications (academic transcript must be attached) and certified copy of SA identity document.
Please note that due to the high volume of applications, communication will only be limited to shortlisted candidates.