Junior Credit & Collections Analyst

Job title: Junior Credit & Collections Analyst

Company: Abbott


Job description: JOB DESCRIPTION:About Abbott
Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, Nutritionals and branded generic medicines. Our 109,000 colleagues serve people in more than 160 countries.Abbott serves the Irish market with a diverse range of healthcare products including diagnostics, medical devices and Nutritionals products. In Ireland, Abbott employs over 4,000 people across nine sites. We have six manufacturing facilities located in Clonmel, Cootehill, Donegal, Longford and Sligo and a third-party manufacturing management operation in Sligo. Abbott has commercial, support operations and shared services in Dublin and Galway. We have been operating in Ireland since 1946.Abbott Ireland Financial Services Cherrywood Dublin
Abbott’s EMEA Finance Shared Services centre commenced operations in Cherrywood, Dublin in October 2015. From this location, Finance Shared Services provides processing and expertise, in local languages, to Abbott divisions and affiliate companies across EMEA. The core services are in Record to Report, Order to Cash, Source to Pay and Master data management. The Financial Shared Services hub is part of Corporate Finance and has regional counterparts in the US and in Singapore.We currently have a vacancy for an OTC Analyst Junior, the role will involve the following:Position SummaryThe Order To Cash Business Analyst is accountable for:Expertise: Working knowledge of Order To Cash activities allowing to actively support and coordinate end to end processes within the scope.Subject Matter Expertise: Act as a Subject Matter Expert, interpret relevant data, and provide recommendations to management in prioritizing key actions to achieve operational targets.Operational Activities/Support: Perform day to day shared services credit, cash collections and cash application functions within the defined scope working across captive and outsourced teams.Business Partnership: Be a trusted Business Partner to our internal stakeholders and divisions. Flexibility required to interact with and manage a broad range of stakeholders, competing priorities and changing environment.Reporting and Analysis: Maintain a comprehensive set of reporting to allow upwards and downwards analysis and decision support. Translate data from various sources into strategic business insights.Continuous Improvement: Maintain a sustained continuous improvement mindset on opportunities presented through Business Analytics.Training and coaching: · Ability to coach and guide Junior Team Members, to ensure proper execution of operational tasks within the Team – coordinate and monitor task completion within Service Level Agreement time, improve specific metrics for regions/countries supported.Major ResponsibilitiesAnalyticsInnovation and Automation: Drive the implementation of automation projects and innovative solutions to improve efficiency and accuracy in OTC processes,Timely Reporting: Ensure all reports are issued as per targeted deadlines with high-quality narratives and business insights,Cash Collections: Forecast incoming Cash Monthly, as well as Quarterly as aligned with the Quarterly Cash Forecasting Cycles,Standardization: Support the continued standardization of Business Unit and Divisional reporting, leveraging GPO data analytics initiatives,Communication: Liaise with OTC Director and OTC Managers to ensure that reporting is consistent with the CFS EMEA Hub customer experience strategy,Month-End Close: Partner with Record To Report Colleagues for assigned Month-End Close responsibilities, including Bad Debt Reserves Analysis,KPI Reporting: Report on internal KPIs for the team, including status and risk areas to management. Prepare Month-End Reporting, including Postings/Bookings on Bad Debt Reserves or other Accounts Receivable Adjustments,Operational ActivitiesAnalyse and review Credit Assessments and terms provided to existing and new customers,Manage Credit Risk Management and Risk Mitigation Activities leveraging financial instruments, i.e. Credit Insurance, Letters of Credit, Bank Guarantees, etc…,Perform Cash Collections Reviews with the Regions/Countries, including follow-ups,Drive Cash Collections for the Portfolio under management,Analyse and Review the Cash Collections Performance,Meet the agreed performance measures, KPIs, and goal setting processes,Oversee the Cash Application activities performed by the 3rd party provider,Create, review, maintain and standardize Standard Operating Procedures (SOPs),Ensure integrity of internal controls, in partnership with the compliance team,Support internal and external audit queries,CommunicationStakeholder Collaboration: Build strong, trusting relationships with senior leaders and stakeholders to support long-term business goals,Business Partnership: Have a high level of understanding of the commercial operations, build and maintain an excellent relationship with commercial stakeholders such as Area General Managers, Area Controllers, Regional and Divisional Finance Directors,Education and BackgroundBS degree related Finance, Business, or Accounting.Data Analytics experience/Qualification.Data visualization experience/Qualification.Qualified Accountant preferrable.Language Skills: Fluency in English.Minimum Experience:At least 1/2 years of experience in finance within a complex global organization, including management of complex data sets or databases. SAP and other ERP experience required, as well as Microsoft Office Suite. Strong understanding of SAP Controlling organizational structure. PowerBI knowledge. AI Experience desirable but not essential.What We Offer
Attractive compensation package that includes competitive pay and structure Bonus, as well as benefits such asPrivate Health Insurance for you and your familyOccupational Pension Scheme with an excellence contribution rateBonus TargetLife assuranceCareer DevelopmentGrowing business plus access to many more benefitsConnect with us at , on LinkedIn at , on Facebook at and on Twitter @AbbottNews and @AbbottGlobal.The base pay for this position is N/AIn specific locations, the pay range may vary from the range posted.JOB FAMILY: Accounts Payable & Receivables, Credit & Collection, & PayrollDIVISION: IFO International FinanceLOCATION: Ireland
Dublin : Block G, Cherrywood, Cherrywood Business ParkADDITIONAL LOCATIONS:WORK SHIFT: StandardTRAVEL: Not specifiedMEDICAL SURVEILLANCE: Not ApplicableSIGNIFICANT WORK ACTIVITIES: Not Applicable

Expected salary:

Location: Dublin

Job date: Thu, 10 Apr 2025 22:48:23 GMT

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