Cash Collections Trainee

Syensqo is all about chemistry. We’re not just referring to chemical reactions here, but also to the magic that occurs when the brightest minds get to work together. This is where our true strength lies. In you. In your future colleagues and in all your differences. And of course, in your ideas to improve lives while preserving our planet’s beauty for the generations to come.

Internship Objective

Provide an opportunity for a student or recent graduate to gain practical experience in Cash Collections operations, supporting the team in monitoring customer payments, managing overdue receivables, and contributing to cash flow optimization.

The internship will focus on developing financial, analytical, communication, and problem-solving skills in an international business environment.

Role and Responsibilities

1. Support Daily Cash Collection Activities in EMEA region

• Assist in monitoring customer accounts and overdue invoices.
• Support payment follow-ups and pre-collection activities.
• Help maintain accurate customer account information and records.
• Support the identification of payment delays and potential overdue risks.

2. Reporting & Data Analysis

• Assist in preparing overdue reports and cash collection forecasts.
• Analyze receivables aging balances and identify relevant trends.

3. Customer & Stakeholder Coordination

• Support communication with internal teams, including Credit Management, Sales, Customer Service, and Accounts Receivable.
• Help identify and document issues affecting timely customer payments.
• Assist in following up on open requests and payment discrepancies.

4. Process Improvement & Compliance

• Contribute new ideas and suggestions to improve collection processes and enhance efficiency

5. Team Collaboration & Development

• Participate in team meetings and knowledge-sharing activities.
• Develop familiarity with collection tools, systems, and processes.
• Collaborate with team members to achieve operational objectives.

Expected Learning Outcomes

By the end of the internship, the intern should have developed:

• A solid understanding of Cash Collections and Accounts Receivable processes.
• Basic knowledge of credit risk, overdue management, and cash flow optimization.
• Practical experience in financial reporting and data analysis.
• Stronger communication, organizational, and problem-solving skills.
• Experience working in a collaborative, international finance environment.

Experience and Skills

• Student or recent graduate in Finance, Accounting, Business Administration, Economics, or a related field.
• Good analytical skills and attention to detail.
• Basic knowledge of Microsoft Excel.
• Good communication skills and willingness to learn.
• Proactive, organized, and team-oriented mindset.
• Good command of English.

What We Offer

• The Portuguese annual base salary reasonably expected to be paid for this new hire is: €11,280.00 for applicants who have completed or are completing a Bachelor's degree and €12,480.00 for applicants who have completed or are completing a Master's degree.
• Meal Allowance
• Home Office Allowance
• Training Platform for all employees
• Free Well-Being sessions (physical and psychological)

Additional information:

Location: Lisbon, Portugal

Hybrid working model

About us

• Syensqo is a science company developing groundbreaking solutions that enhance the way we live, work, travel and play. Inspired by the scientific councils which Ernest Solvay initiated in 1911, we bring great minds together to push the limits of science and innovation for the benefit of our customers, with a diverse, global team of more than 13,000 associates. Our solutions contribute to safer, cleaner, and more sustainable products found in homes, food and consumer goods, planes, cars, batteries, smart devices and health care applications. Our innovation power enables us to deliver on the ambition of a circular economy and explore breakthrough technologies that advance humanity.
• At Syensqo, we seek to promote unity and not uniformity. We value the diversity that individuals bring and we invite you to consider a future with us, regardless of background, age, gender, national origin, ethnicity, religion, sexual orientation, ability or identity. We encourage individuals who may require any assistance or accommodations to let us know to ensure a seamless application experience. We are here to support you throughout the application journey and want to ensure all candidates are treated equally. If you are unsure whether you meet all the criteria or qualifications listed in the job description, we still encourage you to apply.

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