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Solstice Advanced Materials Cash Applications Specialist (m/f/d) in Bucuresti, Romania

Role Summary

The Cash Applications Specialist is responsible for the accurate and timely application of customer payments, ensuring integrity of accounts receivable, bank clearing accounts, and unapplied cash balances. This role plays a critical part in cash flow visibility, AR aging accuracy, and audit compliance, partnering closely with Collections, Controllership, and Treasury.

Responsibilities

Key Responsibilities

  • Accurately apply customer cash receipts (wires, ACH, checks, lockbox) to the correct customer invoices in SAP.

  • Perform daily cash application reconciliations, including bank clearing and unapplied cash accounts.

  • Research, resolve, and clear misapplied or unidentified cash, partnering with Collections and Controllership as needed.

  • Prepare and distribute daily cash application reports to the Collections team.

  • Ensure timely completion of JIRA service requests within defined SLAs (48 hours).

  • Apply and reconcile third-party AR payments, ensuring no residual balances remain in bank clearing accounts on a monthly basis.

  • Maintain and update Standard Operating Procedures (SOPs) for assigned legal entities.

  • Support internal and external audit requests, including SOX documentation and control evidence.

  • Track and maintain detailed payment reconciliation logs and supporting documentation.

  • Collaborate cross-functionally to resolve customer account discrepancies and improve cash application efficiency.

  • Actively identify process gaps and support continuous improvement initiatives in cash application and reconciliation processes.

Qualifications

Experience & Capabilities

  • Bachelor’s degree in Accounting, Finance, or a related field.

  • 1–2 years of relevant post-qualification experience in cash applications, accounts receivable, or accounting operations.

  • Strong understanding of cash application processes, AR subledger accounting, and basic accounting principles.

  • Hands-on experience with SAP; exposure to HighRadius, JIRA, or similar workflow tools is strongly preferred.

  • Strong analytical and problem-solving skills with high attention to detail.

  • Effective written and verbal communication skills in English.

  • Ability to work collaboratively in a global, cross-functional team environment.

  • Organized, deadline-driven, and comfortable operating in a high-volume transaction environment.

  • Demonstrates a proactive, supportive attitude and openness to change and process improvement.

About Us

About Solstice Advanced Materials

Solstice Advanced Materials is a leading global specialty materials company that advances science for smarter outcomes. Solstice offers high-performance solutions that enable critical industries and applications, including refrigerants, semiconductor manufacturing, data center cooling, nuclear power, protective fibers, healthcare packaging and more. Solstice is recognized for developing next-generation materials through some of the industry's most renowned brands such as Solstice®, Genetron®, Aclar®, Spectra®, Fluka™, and Hydranal™. Partnering with over 3,000 customers across more than 120 countries and territories and supported by a robust portfolio of over 5,700 patents, Solstice’s approximately 4,000 employees worldwide drive innovation in materials science. For more information, visit Advanced Materials (https://advancedmaterials.honeywell.com/us/en) .

Job Identification 106693

Job Category Customer Experience

Job Schedule Full time

Locations Strada George Constantinescu 3, Bucuresti, 020339, RO

Hire Eligibility Internal and External

Relocation Package None

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