Work Schedule
Standard (Mon-Fri)
Environmental Conditions
Office
Job Description
Position Summary
The “Credit Analyst II” at Thermo Fisher Scientific Inc. offers an outstanding opportunity to engage in world-class financial operations within our Order to Cash Department. You will play a pivotal role in managing credit exposure and ensuring flawless collection of trade debt for the NA Region. Our team is committed to encouraging an inclusive and collaborative environment where your proven skills can thrive.
Key Responsibilities
- Manage a high-complexity customer portfolio, ensuring compliance with payment terms and credit limits applying ERP systems.
- Conduct risk assessments on new and existing accounts, recommending appropriate credit limits and terms.
- Assist in achieving annual collections targets and support credit risk assessments.
- Track unapplied/unidentified payments and perform expert financial statement analysis.
- Coordinate the "Credit Hold" process and release orders based on credit analysis.
- Establish credit terms for new clients and advance extended payment term requests.
- Negotiate payment plans and liaise with customers and the commercial department.
- Identify and analyze credit notes, debit notes, and cash applications.
- Facilitate payment of invoices by credit card and ensure accurate invoice uploads.
- Lead web billing systems and collaborate with customers to resolve inquiries.
- Prepare statements and reports for the company accountant.
- Manage email communications with customers, prioritizing and coordinating effectively.
- Inform supervisor of uncollectable accounts for third-party collection processes.
- Support training of new employees and participate in updating process documentation.
- Find opportunities to improve departmental processes and support local and global projects.
Minimum Requirements/Qualifications
- Equivalent experience accepted in lieu of High School Diploma; Bachelor’s or equivalent experience in finance, accounting, economy, mathematics preferred.
- Proven experience in credit analysis and shared service centers.
- B2+ English proficiency.
- Proficiency with MS Office and at least one ERP system (e.g., SAP, Oracle).
Additional Desirable Requirements
- Experience with Cforia and/or Get Paid.
- Capability to generate and develop reports.
Competences
- Develop customer dedication and embrace operational improvement.
- Communicate openly and foster growth.
- Leverage business efficiency and promote continuous learning.
- Build organizational relationships and put the customer first.
- Take personal accountability and find a better way every day.
Join us and be part of an ambitious team where your contributions drive our success!