Thermo Fisher Scientific

Senior Cash Allocations Representative

Posted: 14 minutes ago

Job Description

Work ScheduleStandard (Mon-Fri)Environmental ConditionsOfficeAre you ready to embark on an ambitious journey with Thermo Fisher Scientific Inc. as a Senior Cash Allocations Representative? This opportunity is outstanding, allowing you to contribute to a world-class team dedicated to making the world healthier, cleaner, and safer!Key ResponsibilitiesManage customer portfolios, ensuring compliance with payment terms and credit limits using ERP systems.Perform risk assessments on new and existing accounts, recommending credit limits and risk categories.Support annual collections targets and assist in credit risk assessments.Track unapplied and unidentified payments.Conduct financial statement analysis and recommend credit line increases.Coordinate and detail the "Credit Hold" process.Release orders on hold based on credit analysis.Set credit terms for new clients and raise requests for extended payment terms.Negotiate payment plans and liaise with customers and the commercial department.Identify and analyze credit notes, debit notes, and cash applications.Facilitate credit card payments with the Cash Apps department.Manage web billing systems and collaborate with customers.Prepare statements and reports for the company accountant.Manage own email inbox with a sense of urgency and prioritization.Inform supervisors of uncollectible accounts for third-party collection or legal action.Participate in updating job aids or supporting documentation for processes.Find opportunities for process improvements and propose solutions.Minimum Requirements/QualificationsHigh School Diploma required; Bachelor’s in finance, accounting, economics, or mathematics preferred.2-3 years of experience in a similar role.Previous work experience in Shared Service Centers.B2 English Level.Proficiency in MS Office and at least one ERP system (e.g., SAP, Oracle).Additional Desirable RequirementsExperience with Cforia and/or Get Paid systems.CompetencesBuild customer dedication through trust.Embrace continuous improvement.Communicate openly with colleagues and leaders.Foster and stimulate personal and team growth.Leverage business efficiency and make data-driven decisions.Promote continuous learning and collaboration across the organization.Put the customer first and own your results.Explore innovative ways every day through intellectual curiosity and process refinements.Thermo Fisher Scientific is an Equal Opportunity Employer. All qualified applicants will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran status, disability, or any other legally protected status.

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