Job details

Credit and Collections Analyst II

Overview:

Waters Corporation is currently leading a search for a Credit and Collections Analyst II to join our organization. The primary focus of this position will be to minimize risk and potential bad debt exposure through credit analysis, evaluation and setting credit limits for both new and existing customer accounts.

The position will also be responsible for a complete range of account receivable duties associated with managing an assigned portfolio. The individual will be responsible to efficiently carry out and determine the appropriate activities required to collect customer invoice balances in a timely fashion. Additionally, this position will respond to inquires from customers.

Responsibilities:

Contact customers for collection of invoices subject to Waters’ established collection practices
Identify reason for delinquency and work with customer to resolve issues
Work cross functionally with internal departments such as Order Services and Field Sales & Service to understand and resolve customer invoicing issues
Analyze credit information to establish customers’ credit limits to both improve sales while minimizing the company’s risk
Work with customers to set up payment schedules, alternate payment terms and potential sources of funding as required
Continually review customer’s payment history and financial information applying external sources as needed
Manage customer orders that go on credit hold based on established credit policies
Prepare basic analysis of delinquent customer accounts for monthly reporting purposes
Identify and resolve disputed accounts receivable within limits established by Waters’ credit and collection policies
Recommend or write off unresolved balances subject to Waters’ established limits
Pursue and achieve goals and objectives as provided by department management
Work collaboratively with team members to respond timely to customer inquiries
Performs other duties as may be required like order-to-cash projects and process improvement work.

Qualifications:

BS Degree in Finance, Accounting, or a Business related specialty strongly preferred, but not required.
5+ years of relevant experience in a comparable industry with emphasis on commercial credit and accounts receivable including a general understanding of the Order-to-Cash cycle.
Experience operating in SAP is preferred

Company Description:

Waters Corporation (NYSE: WAT), the world's leading specialty measurement company, has pioneered chromatography, mass spectrometry and thermal analysis innovations serving the life, materials, and food sciences for more than 60 years. With more than 7,000 employees worldwide, Waters operates directly in 35 countries, including 15 manufacturing facilities, with products available in more than 100 countries. Our team focuses on creating business advantages for laboratory-dependent organizations to enable significant advancement in healthcare delivery, environmental management, food safety, and water quality.

Working at Waters enables our employees to unlock the potential of their careers. Our global team is driven by purpose. We strive to be better, learn and improve every day in everything we do. We’re the problem solvers and innovators that aren’t afraid to take risks to transform the world of human health and well-being. We’re all in it together delivering benefit as one to provide the insights needed today in order to solve the challenges of tomorrow.

Diversity and inclusion are fundamental to our core values at Waters Corporation. It is our responsibility to actively implement programs and practices to drive inclusive behavior and increase diversity across the organization. We are united by diversity and thrive on it for the benefit of our employees, our products, our customers and our community. Waters is proud to be an equal opportunity workplace and is an affirmative action employer. We are committed to equal employment opportunity regardless of race, color, religion, sex, national origin, sexual orientation, age, marital status, disability, gender identity or protected Veteran status.

Key Words: Credit Analyst, Collections, accounts receivable

By Waters

Waters Corporation unlocks the potential of science through analytical measurement technology, deep scientific expertise, and reliable insights to enhance human health and well-being. As a global provider of analytical technology, Waters makes sci...

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INDUSTRY

Biotech & Pharmaceuticals

TEAM SIZE

5001-10000

LOCATION

Hybrid, based in Milford, MA

DATE POSTED

July 21, 2023