Sr Credit Control Analyst

Job Description

At Thermo Fisher Scientific, you’ll discover meaningful work that makes a positive impact on a global scale. Join our colleagues in bringing our Mission to life - enabling our customers to make the world healthier, cleaner and safer. We provide our teams with the resources needed to achieve individual career goals while taking science a step beyond through research, development and delivery of life-changing therapies. With clinical trials conducted in 100+ countries and ongoing development of novel frameworks for clinical research through our PPD clinical research portfolio, our work spans laboratory, digital and decentralized clinical trial services. Your determination to deliver quality and accuracy will improve health outcomes that people and communities depend on – now and in the future.

Discover Impactful Work:

Our colleagues in shared services strive for excellence in every task, at every moment. We are game changers seeking improvements to processes and more efficient ways of working or adapting to changing financial and industry environments.

We are seeking a Sr Credit Control Analyst to oversee a small group of employees to support them in the Credit & Collections processes. They will partner with a broad number of external and internal business partners, such as Clients, Commercial & Commercial Finance Team, Project Management, Accounting, and Depots. The focus is on driving day to day collections activities to achieve collection efficiency, percent past due, DSO and bad debt goals. This position has supervisory/administrative responsibility for development of staff members, including hiring, performance development and annual review, disciplinary actions, mentor and counseling, personal development and career advancement & succession planning

What you will do:

• Issues statements to sponsors and proactively chases debt to ensure payments are received within agreed payment terms.
• Liaises with external clients as well as cross-departmental colleagues to ensure swift resolution of any client issues or queries raised.
• Produces and presents regular executive-level reporting on dates sales outstanding deliverables, invoicing metrics, accounts receivable and payment analysis. Provides additional ad-hoc reporting when required.
• Provides accurate forecasting of third party accounts' receivable cash inflow and facilitates cross-departmental cash movements in order to achieve days sales outstanding.
• Reconciles accounts receivables, third party balances and statements with payments received to determine cash flow risks and opportunities.
• Executes sponsor financial analysis reports to determine creditability.
• Facilitates credit check function and performs ad hoc projects relating to bad debt provision, bad debt write off, etc.

This description is intended to describe the general nature and level of work being performed by this job. This description is not intended to be construed as an exhaustive list of all responsibilities, duties and skills required. Individual responsibilities will vary based on business needs.

Who we are looking for: experience, skills and abilities:

• Strong time management and organizational skills
• Ability to provide quick and succinct data analysis utilizing various financial systems
• Ability to lead effective meetings
• Excellent attention to detail and ability to produce well presented, clear and accurate documentation
• Ability to work proactively with minimal supervision and use initiative as appropriate.
• Ability to communicate clearly and concisely (written and oral communication) and in a professional manner
• Strong Microsoft Office skills · Knowledge of credit control policies and practices

Education:

Bachelor's degree or equivalent and relevant formal academic / vocational qualification

In some cases an equivalency, consisting of a combination of appropriate education, training and/or directly related experience, will be considered sufficient for an individual to meet the requirements of the role.

Years of Experience:

Previous experience that provides the knowledge, skills, and abilities to perform the job (comparable to 5+ years).