(Sr) Analyst, Europe Credit Collections & Cash App
Job Summary
The Analyst, Europe Credit Collections & Cash Application will be responsible for supporting the Account Receivable ledger closing, meeting Key Performance Index (KPI) and generating AR management reports. This role will be responsible for the AR ledger closing activities, cash application and preparing relevant AR reports to ensure accuracy and completeness on monthly basis. This role will also prepare monthly AR account reconciliations to ensure accuracy and correctly reconciled to GL with supportive documents. Additionally, the role will perform cash application responsibilities by accurately applying daily customer payments to corresponding invoices and reconciling bank deposits and unapplied cash addressing discrepancies and executing on the proper form of customer reconciliation. Other responsibilities may also include special project support, and unique project support.
How You Can Be the Impact
- Manage shipment release and follow up on timely collections to improve DSO, minimize overdue % and bad debt
- Recommend credit hold, final demand and legal actions to resolve past dues and customer disputes in timely manner
- Support AR ledger closing activities and prepare relevant AR reports to ensure accuracy and completeness on monthly basis
- Prepare monthly AR account reconciliation for relevant accounts to ensure accuracy and correctly reconciled to GL with supportive documents
- Prepare monthly forecast of AR performance for designated team
- Clear outstanding AR receipts and invoices in timely manner to present up-to-date AR balance for assigned customer portfolios
- Accurately apply daily customer payments, including checks, wire transfers, ACH, and credit cards, to corresponding invoices
- Investigate customer deductions, short payments, and chargebacks, and work with the accounts receivable team to resolve them
- Reconcile bank deposits and unapplied cash, addressing discrepancies, overpayments, or underpayments
- Ad – Hoc Reporting / Special Projects
What Matters to SABIC
- Accounting or Finance degree or equivalent
- 3+ years finance/accounting experience
Candidates not meeting desired requirements may be highly skilled & lack the requisite experience because of historical and systemic barriers and unconscious biases that have prevented them from gaining that experience. At SABIC, we are aware that not all the requirements stated above may be found in one person, and we might not have mentioned specific skills or experiences that are also valuable to this job; we welcome your application if you consider that you can bring value in this job while enjoying it.
If you enjoy relating to people from different groups, if you like collaborating with colleagues from other cultures, and want to BE THE IMPACT, SABIC is your choice!
For more information about this role you can contact: Piotr.Szczerba1@Sabic.com.
Important notice: Please be informed that a reference check, an employment verification and E-assessment is be part of our recruitment process. A Certificate of Good Conduct can be requested depending the level of the role in our organization and/or function, allowing us to request dependent of local regulations. We strive to be diverse in backgrounds and experiences
Responses from employment agencies will not be considered.
Chemistry that Matters™
A career at SABIC provides you with an opportunity to leave a lasting positive impact to the world and yourself. From excellent health and well-being benefits to our comprehensive learning programs. We offer a wide range of benefits and offerings that recognize that our people have unique motivations and ambitions. It’s all about matching what matters to you with what matters to us. Let’s explore what matters!
As one of the world’s largest diversified chemical companies, we activate the power of human capital to address society’s future challenges. Through partnerships, we enable life-saving medical innovations and help fight world hunger. We are driving the circular economy for the benefit of communities and our planet through sustainability initiatives, such as our TRUCIRCLE™ portfolio. Today, the company serves customers in more than 140 countries with a global workforce of close to 29,000 talented individuals. Our values – Inspire, Engage, Create, and Deliver – are the foundation of our success.
Our purpose is "Chemistry that Matters". This is what drives us to do what we do. "Chemistry" goes beyond applying science and technology to enhance the supply of essential materials to the world. It is how we work, to build long-lasting relationships of trust. “What Matters” is making a meaningful impact for the world – through the customers and communities we collaborate with, so that we succeed and grow together.
It is all about matching what matters to you with what matters to us. We are mindful about the importance of the team we are building and how our team members impact to our culture. We believe that good ideas come from anywhere, being inclusive to diverse perspectives is stimulating, encourages innovation and is critical to our mission. Let us explore this together!
We are proud to be a diverse and an equal opportunity employer .We are fully committed to a culture of respect and inclusion.