Accounts Receivable Associate

Title: Accounts Receivable Associate

Location: Abbott Park, Illinois

Duration: 3+ Months

Responsibilities:

• Contact external customers on delinquent A/R balances.
• Monitor receivables daily; resolve remittance exceptions.
• Review explanations for customer payment differences.
• Work with division sales and contract personnel and work with our Genpact collections team.
• Perform accounts receivable functions within the defined process standards.
•  Manage accounts receivable utilizing multiple systems.
• Review and investigate customer receipt variances.
• Communicate with internal and external parties regarding accounts receivable questions, error correction and discrepancy resolution.
• Identify Root Cause for customer deductions and variances.
• Review monthly performance reports.
• Perform and coordinate the Accounts Receivable activities for shared services.
• Assist the AR Lead and Supervisor in performing, facilitating, and reviewing day to day AR activity within the center.
• Assure processing is performed within standards and allows for the achievement of targeted aging metrics.
• Continuously improve process design focusing on simplification, standardization, quality improvement and cost minimization
• 2 - 4 plus years of accounts receivable experience inclusive of all aspects of AR management
• Knowledge and understanding of overall Order to Cash processes.
• Strong ability to interact with internal and external parties at various levels.
• Attention to detail with a propensity for continuous improvement.
• SAP ERP experience a plus
• Strong Excel skills is a must.

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, nutritional and branded generic medicines.

Working together, Abbott and Talent Solutions partner to deliver top talent for contingent roles at Abbott, building better and healthier lives. Abbott believes all employees are essential to creating life-changing breakthroughs, performing key duties to create life-changing breakthroughs.