
Accounts Receivable Analyst
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 114,000 colleagues serve people in more than 160 countries.
Job Title
Accounts Receivable Analyst
Working at Abbott
At Abbott, you can do work that matters, grow, and learn, care for yourself and your family, be your true self, and live a full life. You’ll also have access to:
Career development with an international company where you can grow the career you dream of.
Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year.
An excellent retirement savings plan with a high employer contribution.
Tuition reimbursement, the Freedom 2 Save student debt program, and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree.
A company recognized as a great place to work in dozens of countries worldwide and named one of the most admired companies in the world by Fortune.
A company that is recognized as one of the best big companies to work for as well as the best place to work for diversity, working mothers, female executives, and scientists.
The Opportunity
This position can work out of our Kansas City, MO or Portsmouth, VA location in the Abbott Rapid Diagnostics Division. Abbott Rapid Diagnostics is part of Abbott’s Diagnostics family of businesses, bringing together exceptional teams of experts and industry leading technologies to support diagnostic testing which provides important information for the treatment and management of diseases and other conditions.
The position of Accounts Receivable Analyst is within our Toxicology business unit, within our finance team, located in Kansas City or Portsmouth and will be a part of our Workplace Services business, which is committed to developing and delivering innovative products and services. These products and services automate and streamline the employee screening process by combining cutting-edge technology with superior customer service.
The Accounts Receivable Analyst will oversee the strategic customer accounts to ensure Invoices, billings, and credits are Generated and accurately reflect the products or services provided based on the contract. The analyst will also track customer payments, identify overdue payments and address disputes promptly. This position will act as a point of contact for customers regarding payment-related queries and providing exceptional customer service. Implement effective credit control measures and monitor customer account details for non-payments, delayed payments, and other irregularities, as well as generate financial reports for management and stakeholders.
What You’ll Work On
Manage Accounts: Oversee strategic customer accounts to ensure invoices, billings, and credits accurately reflect the products or services provided based on the contract
Payment Tracking: Track customer payments, identify overdue payments and address disputes promptly
Customer Service: Act as a point of contact for customers regarding payment-related queries and provide exceptional customer service
Credit Control: Implement effective credit control measures and monitor customer account details for non-payments, delayed payments, and other irregularities
Financial Reporting: Generate financial reports for management and stakeholders
Process Improvement: Identify gaps in the accounts receivable cycle and design action plans for process improvement
Audit and Reconciliation: Perform audits of customer invoices and reconcile accounts
Collections: Perform collection outreach and maintain account status
KPI Monitoring: Build processes to monitor and control progress, measure KPIs, and provide status updates proactively.
Required Qualifications
Bachelor's degree - Bachelor of Science in Accounting or equivalent.
2 - 4 years of accounting experience and must have significant financial experience and thorough familiarity with Generally Accepted Accounting Principles.
Preferred Qualifications
Minimum of 3-5 years of accounts receivable experience
Proficiency in MS Office applications
Intermediate Excel Level
Experience in cash application, credit and collections, dispute management, billing, or customer service preferred
Strong computer skills: experience with Microsoft Navision is a plus
Good customer service skills
Ability to prioritize and manage multiple responsibilities
Strong analytical and problem-solving skills
Excellent organizational skills to manage multiple tasks and projects simultaneously
Effective communication skills, both written and verbal
Ability to work with cross-functional teams and in different time zones
Positive attitude, team player with high initiative, energy, and enthusiasm
Strong focus on accuracy and attention to detail
Effective communicator, both written and verbal
Ability to summarize data into high-quality, accurate, usable summaries
Self-starter, flexible, and able to work under pressure in a fast-changing environment
Enthusiasm and commitment to delivering quality results and meeting strict deadlines
Ability to manage quality, scope, cost, and time effectively
Leadership skills to manage conflicts and make decisions
Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: https://abbottbenefits.com/
Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity.
Connect with us at abbott.com, on LinkedIn at https://www.linkedin.com/company/abbott-/, and on Facebook at https://www.facebook.com/AbbottCareers.
The base pay for this position is $60,000.00 – $120,000.00. In specific locations, the pay range may vary from the range posted.
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