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Sr Accounts Receivable Representative

Employer
ThermoFisher Scientific
Location
Loughborough, Leicestershire, United Kingdom
Salary
Competitive Salary
Closing date
Aug 11, 2024
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Job Role
Accounts Receivable
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Work Schedule
Standard (Mon-Fri)
Environmental Conditions
Office
Job Description
Job Description


Job Title:
Sr. Accounts Receivable Representative
Direct Report To: Accounts Receivable Team Lead
Group/ Division: CCG Europe Finance
Career Band: Band 3
Career Track: Associate
Position

Location:
Europe
Number of Direct Reports: N/A
At Thermo Fisher Scientific, our Finance teams are essential to our business and functional teams to make educated, sound decisions that drive our Mission and make us a stable and trusted industry leader. From Financial Planning & Analysis, Tax, Treasury, Financial Reporting, Audit, Investor Relations, Strategy & Corporate Development to Accounting, our Finance functions have a diverse and global presence, providing significant opportunities to develop unique career experiences and perspectives. Ranked #95 on the 2021 Fortune 500 list and with revenues of more than $35 billion, you'll discover endless opportunities to grow a rewarding career as part of the world leader serving science.
Position Summary :
The Senior Accounts Receivable Representative will work independently to ensure transactional excellence in Accounts Receivable. This role requires intermediate to advanced knowledge and experience in AR. The representative will collaborate with various external and internal partners, such as Customers, Customer Services, IT, Commercial Sales, Commercial Finance, Accounts Payable, and General Ledger Teams. The primary focus is on driving daily collections activities to achieve collection efficiency, percent past due, DSO, and bad debt goals.
Key areas of accountability/

responsibilities:

Within the role of Sr. Accounts Receivable Representative, you will primarily be responsible for the following:
- Collecting invoices: Pre-call/prepare/send statements with current invoices, call on past due invoices, and resolve disputes with the customer and sales team.
- Conducting credit risk assessments on new and existing accounts, with periodic reviews and corrective actions as needed.
- Assessing and releasing orders on hold.
- Inputting invoices into external portals as required.
- Collaborating cross-functionally with FP&A, Commercial, and Customer Services teams to resolve discrepancies on invoices related to pricing, short shipments, invalid PO numbers, billing method issues, and supporting the sales team to increase revenue while limiting risk.
- Assisting with cash allocation as needed.
- Performing other ad-hoc credit control-related duties as requested by line management.
Authorities
The employee is entitled to grant a credit and release orders and/or credit notes for a maximum of 10,000 local currency
Minimum Requirements/Qualifications:
- Minimum of 3 years of experience in Accounts Receivable and/or Credit Controlling.
- Vocational education in Accounting/Finance with local education, including passes in English and Math.
- Skills, knowledge, and competence to drive significant achievement of credit control objectives in changing economic circumstances.
- Ability to manage relationships both internally and externally.
- Strong administration skills.
- Working knowledge of EDI and its impact on collections.
- Proficiency in the regional language.
- Knowledge and experience with accounting software; competent in the use of Microsoft Excel, Word, and Outlook.
- Intermediate Microsoft Excel skills are essential.
- High attention to detail and accuracy, as data entry is a critical component of the role.
- Competent in using Microsoft Office tools, especially Excel.
- Preferred Qualifications:
- Bachelor's degree in Accounting, Finance, or a related field.
- Experience with ERP systems.
- Additional certifications in credit management or accounting.
Thermo Fisher Scientific is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
Apply now to join our team and contribute to a world leader in serving science!
Thermo Fisher Scientific is an EEO/Affirmative Action Employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability or any other legally protected status.

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