Urgent! Cash Application Associate Job Opening In Bogotá – Now Hiring ConvaTec
About Convatec
Pioneering trusted medical solutions to improve the lives we touch: Convatec is a global medical products and technologies company, focused on solutions for the management of chronic conditions, with leading positions in Advanced Wound Care, Ostomy Care, Continence Care, and Infusion Care.
With more than 10,000 colleagues, we provide our products and services in around 90 countries, united by a promise to be forever caring.
Our solutions provide a range of benefits, from infection prevention and protection of at-risk skin, to improved patient outcomes and reduced care costs.
Convatec’s revenues in 2024 were over $2 billion.
The company is a constituent of the FTSE 100 Index (LSE:CTEC).
To learn more please visit
Position Overview:
As a Senior Cash Application Associate, you will be responsible for the end-to-end management of accounts receivable processes, ensuring accurate and timely application of customer payments while driving improvements and efficiency.
This role requires advanced Excel skills and deep financial expertise to support data analysis, reconciliation, and resolution of payment discrepancies in a strategic and efficient manner.
You will also maintain a high level of customer experience and contribute to the achievement of the Group's Cash Flow target.
This includes reducing receivables in open balances and improving the payment behavior of our customers.
Key Responsibilities:
Payment Application and Reconciliation: Ensure customer payments are applied correctly and within agreed timelines according to SLAs (Service Level Agreements), maintaining a high level of accuracy in all transactions.
Advanced Data Analysis and Reporting: Conduct analysis of payment patterns, identifying trends, discrepancies, and improvement opportunities.
Use advanced Excel skills to generate financial reports and performance metrics, providing actionable insights to leadership and the Credit and Collections teams.
Resolution of Complex Payment Discrepancies: Proactively resolve payment discrepancies by collaborating with local teams, Credit, Collections, and other stakeholders, proposing solutions, and addressing root causes to prevent recurrence.
Continuous Improvement: Leads process improvements within the team, suggesting changes to policies, workflows, and tools used by the team to increase operational efficiency.
Month-End Close Activities: Oversee and ensure the accurate and timely completion of month-end accounts receivable activities, ensuring compliance with internal requirements.
Performance Metrics Management: Monitor and report key performance indicators (KPIs) related to Accounts Receivable, ensuring that team goals and SLAs are met.
Actively participate in monthly AR meetings to discuss performance, address challenges, and implement corrective actions as needed.
Mentoring: Mentor junior team members, providing guidance and training on AR processes, best practices, and technical skills.
Foster a collaborative and high-performing team culture.
Stakeholder Engagement: Work closely with cross-functional teams such as Credit, Collections, Finance, and IT to ensure smooth operations and resolve any issues impacting payment processing.
Experience:
Minimum of 3 years of experience in Cash Application.
Working knowledge of the cash application process, ensuring accurate and timely application of customer payments (mandatory).
Working knowledge of SAP or other ERP systems is a plus.
Working knowledge of LATAM regions, including understanding of regional payment behaviors, regulatory requirements, and cultural nuances (mandatory).
Proficiency in Microsoft Excel (pivot tables, v-lookups, complex formulas, and data analysis).
Previous experience in a Global Business Services (GBS) environment is desirable.
Qualifications/Education:
Preferable Bachelor or University's degree (preferably in Finance, Management, Economy).
Languages:
English: Speaking /Writing/Reading: C1 Advanced.
Working Conditions:
Hybrid work model
Ready to join us?
At Convatec, we’re pioneering trusted medical solutions to improve the lives we touch.
If you’re ready to make a real impact, apply today and help us bring our Forever Caring promise to life.
#LI-Hybrid
#LI-JN1
Beware of scams online or from individuals claiming to represent Convatec
A formal recruitment process is required for all our opportunities prior to any offer of employment.
This will include an interview confirmed by an official Convatec email address.
If you receive a suspicious approach over social media, text message, email or phone call about recruitment at Convatec, do not disclose any personal information or pay any fees whatsoever.
If you’re unsure, please contact us at .
Equal opportunities
Convatec provides equal employment opportunities for all current employees and applicants for employment.
This policy means that no one will be discriminated against because of race, religion, creed, color, national origin, nationality, citizenship, ancestry, sex, age, marital status, physical or mental disability, affectional or sexual orientation, gender identity, military or veteran status, genetic predisposing characteristics or any other basis prohibited by law.
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Unlock Your Cash Application Potential: Insight & Career Growth Guide
Real-time Cash Application Jobs Trends in Bogotá, Colombia (Graphical Representation)
Explore profound insights with Expertini's real-time, in-depth analysis, showcased through the graph below. This graph displays the job market trends for Cash Application in Bogotá, Colombia using a bar chart to represent the number of jobs available and a trend line to illustrate the trend over time. Specifically, the graph shows 1166 jobs in Colombia and 98 jobs in Bogotá. This comprehensive analysis highlights market share and opportunities for professionals in Cash Application roles. These dynamic trends provide a better understanding of the job market landscape in these regions.
Great news! ConvaTec is currently hiring and seeking a Cash Application Associate to join their team. Feel free to download the job details.
Wait no longer! Are you also interested in exploring similar jobs? Search now: Cash Application Associate Jobs Bogotá.
An organization's rules and standards set how people should be treated in the office and how different situations should be handled. The work culture at ConvaTec adheres to the cultural norms as outlined by Expertini.
The fundamental ethical values are:The average salary range for a Cash Application Associate Jobs Colombia varies, but the pay scale is rated "Standard" in Bogotá. Salary levels may vary depending on your industry, experience, and skills. It's essential to research and negotiate effectively. We advise reading the full job specification before proceeding with the application to understand the salary package.
Key qualifications for Cash Application Associate typically include Financial Clerks and a list of qualifications and expertise as mentioned in the job specification. Be sure to check the specific job listing for detailed requirements and qualifications.
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Here are some tips to help you prepare for and ace your job interview:
Before the Interview:To prepare for your Cash Application Associate interview at ConvaTec, research the company, understand the job requirements, and practice common interview questions.
Highlight your leadership skills, achievements, and strategic thinking abilities. Be prepared to discuss your experience with HR, including your approach to meeting targets as a team player. Additionally, review the ConvaTec's products or services and be prepared to discuss how you can contribute to their success.
By following these tips, you can increase your chances of making a positive impression and landing the job!
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