**As Junior Cash Application Specialist you will join Philips’ Accounting Operations team** . On daily basis you will have a chance to take an active role in helping to form our new centralized cash applications team, and the accounting and reconciliation activities that relate **Your role:** + Daily retrieval of bank activity (ACH, wire, lockbox and credit card) and ERP receipt activity and post payments to customer accounts + Daily and monthly reconciliations against monthly bank statements – identifying and resolving reconciliation items on customer accounts + Posting and reconciliation of customer credit card payments + Processing offsets to clear matched debts and credits on customer accounts + Managing the Unapplied Cash report and work with Collections to identify solutions to unreconciled cash items + Providing indirect leadership to cash applications, internal finance leadership and cross-functional business partners related to cash management best practices **You're the right fit if:** + You have background in F&A, Economics or Business Administration + You are fluent in English + You have customer service focus + You possess analytical skills + You have SAP and Customer Master data process knowledge + You have good MS Excel knowledge **Our benefits:** + Annual bonus based on performance achieved  + Private medical care with the option to extend it to family members  + Benefit System cards  + Discount for Philips’ products  + Wide variety of training & learning opportunities + Promotion of a healthy lifestyle in the office + Employee Assistance Program + hybrid way of working (2 days per week at office in Lodz) **About Philips** We are a health technology company. We built our entire company around the belief that every human matters, and we won't stop until everybody everywhere has access to the quality healthcare that we all deserve. Do the work of your life to help the lives of others. * Learn more about our business. * Discover our rich and exciting history. * Learn more about our purpose. If you’re interested in this role and have many, but not all, of the experiences needed, we encourage you to apply. You may still be the right candidate for this or other opportunities at Philips. Learn more about our commitment to diversity and inclusion here.