As a **Collections Specialist** here at Honeywell, you will play a vital role in managing the collections process and ensuring timely and accurate collection of outstanding accounts receivable. Your primary responsibility will be to collaborate with cross-functional teams to develop and implement collection policies and procedures, while also monitoring and analyzing collection performance. You will report directly to our **Collections Manager** and you’ll work out of our **Seoul, South Korea** location on a **Hybrid** work schedule. In this role, you will impact the financial health of the organization by optimizing cash flow and minimizing bad debt, ultimately contributing to the overall success of Honeywell. **KEY RESPONSIBILITIES** + Partner with Operations, Sales team for monthly cash forecasting, managing day to day follow-ups, collections, dispute resolution and cash application + Partner with regional cross functional team to drive BA Working Capital. This includes timely Cash Collection, driving Past Dues reduction, DSO improvement, AFDA and Disputes reduction + Actively participate the reduction of accounts receivable for BA customers. Develop relationship and implement strategies for getting timely collections from key customers. + Engage with Cross Functional team and deploy strategies / resources to meet Past Dues / Disputed Receivables/ AFDA / AR targets and objectives + Establish and maintain effective Internal and External working relationships, including Sales, Operations, Customer Service, Finance, Customer, and banking Relationships + Key focus on AFDA (Allowance for Doubtful Accounts) de-risking P&L and recovery of Balance Sheet AFDA. + Follow-up with customer, Government offices for obtaining withholding tax & Social insurance certificates as applicable + Credit Risk Management: Periodic credit evaluation of existing customers, Credit assessment of new customer. + Participate in weekly cash calls, influence respective stake owners to complete actions as per deadline + Manage and administer customer accounts including account reconciliations and application of unapplied credits/cash. + Drive regular involvement of regional management in status of portfolio + Generate qualified collection, Receivable and Advance related actuals and forecast data / Share it with stakeholders on a timely manner. + Actively Participate in Six Sigma Teams **BENEFITS OF WORKING FOR HONEYWELL** + Benefits – Medical, Vision, Dental, Mental Health + Paid Vacation + 401k Plan/Retirement Benefits (as per regional policy) + Career Growth + Professional Development **YOU MUST HAVE** + Demonstrated ability to influence without authority + ERP knowledge of SAP is preferred + Excellent experience using Microsoft tools + Experience of handling contractual disputes / Legal cases + Hands on experience of managing Bank Guarantees and Letter of Credits + Background of handling O2C/C2C processes of large cycle projects / contracts + Understanding of financial accounting + Excellent communication skills both internally across distances and externally with customers; ability to tailor the communications to the appropriate audience **WE VALUE** + Mandatory Bachelor’s degree in Finance / Accounting + Minimum 3 years’ experience in Credit & Collection, Working Capital Management in a Multinational environment and managing external customer relationships + 3 years’ experience in finance or accounting functions – Mainly Receivables Management, Credit and Risk Management, banking relationship management. **ABOUT HONEYWELL** Honeywell International Inc. (Nasdaq: HON) invents and commercializes technologies that address some of the world’s most critical challenges around energy, safety, security, air travel, productivity, and global urbanization. We are a leading software-industrial company committed to introducing state-of-the-art technology solutions to improve efficiency, productivity, sustainability, and safety in high growth businesses in broad-based, attractive industrial end markets. Our products and solutions enable a safer, more comfortable, and more productive world, enhancing the quality of life of people around the globe. Learn more about Honeywell: click here (https://www.honeywell.com/us/en) **THE BUSINESS UNIT** Honeywell Aerospace Technologies (AT) products and services are found on virtually every commercial, defense, and space aircraft in the world. We build aircraft engines, cockpit and cabin electronics, wireless connectivity systems, mechanical components and more, and connect many of them via our high-speed Wi-Fi offerings. Our solutions create healthier air travel, more fuel-efficient and better-maintained aircraft, more direct and on-time flight arrivals, safer skies and airports, and more comfortable flights, along with several innovations and services that reflect exciting and emerging new transportation methods such as autonomous and supersonic flight. Revenues in 2023 for Honeywell Aerospace Technology were $14B and there are approximately 21,000 employees globally. To learn more, please visit click here (https://aerospace.honeywell.com/) . _Honeywell is an equal opportunity employer. Qualified applicants will be considered without regard to age, race, creed, color, national origin, ancestry, marital status, affectional or sexual orientation, gender identity or expression, disability, nationality, sex, religion, or veteran status. Learn more about inclusion and diversity :_ click here (https://www.honeywell.com/us/en/company/inclusion-and-diversity) Honeywell helps organizations solve the world's most complex challenges in automation, the future of aviation and energy transition. As a trusted partner, we provide actionable solutions and innovation through our Aerospace Technologies, Building Automation, Energy and Sustainability Solutions, and Industrial Automation business segments – powered by our Honeywell Forge software – that help make the world smarter, safer and more sustainable. Honeywell is an equal opportunity employer. Qualified applicants will be considered without regard to age, race, creed, color, national origin, ancestry, marital status, affectional or sexual orientation, gender identity or expression, disability, nationality, sex, religion, or veteran status.