What are the responsibilities and job description for the Sr. Analyst, Accounts Receivable position at Abbott?
The Opportunity
The Sr. Analyst, Accounts Receivable is responsible for interacting internally and externally to resolve outstanding issues relating to accounts receivable, inclusive of Credit, Collections, Invoicing, Cash Application, Deduction Dispute Resolution and Customer Order Release.
The Sr. AR Analyst is required to : (a) contact external customers on delinquent A / R balances; (b) monitor receivables daily; (c) resolve remittance exceptions; (d) review explanations for customer payment differences; (e) work with division sales and contract personnel and (f) verify AR reporting and provide commentary; (g) work with our Genpact collections team to assist in prioritizations, train, coach, and handle escalations.
What You’ll Work On
Perform accounts receivable functions within the defined process standards.
- Manage accounts receivable utilizing multiple systems
- Review and investigate customer receipt variances
- Communicate with internal and external parties regarding accounts receivable questions, error correction and discrepancy resolution
- Identify Root Cause for customer deductions, disputes, and variances
- Review monthly performance reports
- Provide internal and external audit support as required
- Maintain policies and procedures for the AR processes in accordance with GPM guidance
Perform and coordinate the Accounts Receivable activities for shared services
Assist the AR Supervisor in developing and reviewing performance results for accounts receivable processes in the region.
Required Qualifications
