Invoicing & Cash Applications Specialist

Cash Applications & Billing Control Specialist
Location: Mexico City
Department: Operations
Employment Type: Full-time / Hybrid
Position Overview
Siemens Financial Services Commercial Finance Mexico is seeking a highly motivated and detail-oriented professional to join our Operations team as a Cash Applications & Billing Control Specialist. This role is essential to ensuring the accuracy and efficiency of portfolio operations, including payment application, invoicing, and account monitoring. The ideal candidate will bring strong analytical capabilities, financial expertise, and a customer-centric mindset to support world-class service delivery. A solid understanding of SOFOM-standard transaction structures and CONDUSEF regulations is essential. This position requires excellent organizational, communication, and coordination skills, along with the flexibility to adapt to shifting priorities and mitigate operational risks by understanding credit requirements and safeguarding transaction integrity.

This role reports directly to the Head of Operations – Mexico.

Key Responsibilities

• Oversee cash application processes, bank reconciliations, and tax receipt issuance.
• Generate, control, and map customer CFDI (CRP) payment documents.
• Ensure CFDI issuance complies with fiscal authority regulations, punctual requirements, and contractual terms.
• Resolve complex issues to maintain a healthy portfolio and stable debt ratios.
• Mitigate risks associated with potentially unrecoverable balances.
• Collaborate with commercial teams to address operational deviations.
• Improve operating cash flow and reconcile account statements.
• Accurately apply incoming payments to customer accounts and contracts.
• Investigate and resolve payment discrepancies and unapplied cash.
• Monitor portfolio performance and aging reports to ensure timely collections.
• Maintain accurate transaction records in the system and support monthly closing activities.
• Assist with audits and compliance reviews related to cash and billing processes.
• Ensure adherence to internal controls and regulatory requirements.
• Support cash flow forecasting, allocation activities, and KPI reporting.
• Collaborate with the Operations team to validate transaction documentation and system setup for booking.
• Monitor and manage the unapplied suspense account in accordance with accounting standards.
• Work effectively across cross-functional teams.
• Promote compliance and best practices to meet strategic objectives.
• Consistently meet deadlines and deliverables.

Required Qualifications And Experience

• Bachelor's degree in finance, Accounting, Business Administration, or a related field.
• Minimum of 5 years of experience in cash applications, billing, and portfolio control.
• Experience in financial institutions or SOFOM environments preferred.
• Solid understanding of accounting principles related to invoicing and payment processing.
• CFDI issuance experience with strong knowledge of fiscal regulations and authority requirements.
• Knowledge of CONDUSEF regulations and compliance standards.
• Proven ability to manage multiple priorities in a fast-paced environment.
• Exceptional attention to detail and problem-solving skills.
• Excellent organizational and communication abilities.
• Fluent in English (written and spoken, minimum 80%).
• Customer centric-focused mindset.
• Resilient and strong collaborative attitude.
• Automation process knowledge (Power BI, Excel (SQL).

Equal Employment Opportunity Statement

Siemens is an Equal Opportunity and Affirmative Action Employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to their race, color, creed, religion, national origin, citizenship status, ancestry, sex, age, physical or mental disability, marital status, family responsibilities, pregnancy, genetic information, sexual orientation, gender expression, gender identity, transgender, sex stereotyping, protected veteran or military status, and other categories protected by federal, state, or local law.