Senior Associate - Accounts Receivable Collections

Sr Associate - AR Collections

The Opportunity:

Avantor is looking for a dynamic, forward-thinking, and experienced Sr. Collections Associate

This role will be a full-time position based out of our Coimbatore office.

Sr. Collections Associate is responsible for collections & finding payment solutions for outstanding accounts receivable dollars from the existing client base and all other aspects of collections, resolving customer billing problems and reducing accounts receivable delinquency. Will have to expand opportunities to work thro’ different entities and adopt sharing of best practices and understanding of business. Will have to strike a balance between maintaining trustful relationships with customer segments and global strategic portfolios, and ensuring timely payment there by reducing past due and influencing DSO numbers positively.

What we’re looking for 

• Education: Any bachelor’s or master’s degree & finance background will be an added advantage.

• Experience: 4+ years of overall experience

• Should be Flexible to work in night shifts and working from the office.

How you will thrive and create an impact 

• Collect customer payments in accordance with payment due dates.

• Reviews and prioritizes open accounts for collection efforts.

• Role of mentor and backup for the associates in charge of and bringing them up the learning curve

• Solves cash applications and Evaluated Receipt Settlement mode of ordering and payment

• Making outbound collection calls in a professional manner while keeping and improving customer relations.

• Initiate contact, via phone and/or e-mail, with a large portfolio of customer accounts using to determine the reason for past due accounts receivable.  Customer communication will require critical thinking skills to probe into the reasons for non-payment to ensure the proper resolution can be implemented.

• Based on customer responses, recommend, and implement action plans for resolving delinquent transactions.  Action plans may require the credit analyst to engage Avantor associates from other departments, e.g., sales reps, pricing, etc. or outside parties, e.g., vendors, freight carriers, etc.

• Reconciliation of assigned accounts to ensure that payments and credit memos are properly applied.

• When necessary, escalate collection problems to CFS Management and/or the Sales Team to assist in the collection/resolution process

• Approve and authorize the release of orders according to a credit line and payment history within established guidelines.

• Communicate the status of the assigned portfolio and/or specific accounts to CFS Management and/or Sales Team.

• Work on special projects, e.g., account clean up, as needed

• Identify issues attributing to account delinquency and discuss them with management.

• Review and monitor assigned accounts and all applicable collection reports.

• Provide timely follow-up on payment arrangements

• Process Payments & Refunds as applicable

• Resolve billing and customer credit issues

• Update account status records and collections effort

• Report on collection activity and accounts receivable status.

Disclaimer:
The above statements are intended to describe the general nature and level of work being performed by employees assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of employees assigned to this position. Avantor is proud to be an equal opportunity employer.

Why Avantor?

Dare to go further in your career. Join our global team of 14,000+ associates whose passion for discovery and determination to overcome challenges relentlessly advances life-changing science.
 
The work we do changes people's lives for the better. It brings new patient treatments and therapies to market, giving a cancer survivor the chance to walk his daughter down the aisle. It enables medical devices that help a little boy hear his mom's voice for the first time. Outcomes such as these create unlimited opportunities for you to contribute your talents, learn new skills and grow your career at Avantor.
 
We are committed to helping you on this journey through our diverse, equitable and inclusive culture which includes learning experiences to support your career growth and success. At Avantor, dare to go further and see how the impact of your contributions set science in motion to create a better world. Apply today!

EEO Statement:

We are an Equal Employment/Affirmative Action employer and VEVRAA Federal Contractor. We do not discriminate in hiring on the basis of sex, gender identity, sexual orientation, race, color, religious creed, national origin, physical or mental disability, protected Veteran status, or any other characteristic protected by federal, state/province, or local law.

If you need a reasonable accommodation for any part of the employment process, please contact us by email at recruiting@avantorsciences.com and let us know the nature of your request and your contact information. Requests for accommodation will be considered on a case-by-case basis. Please note that only inquiries concerning a request for reasonable accommodation will be responded to from this email address.

3rd party non-solicitation policy:

By submitting candidates without having been formally assigned on and contracted for a specific job requisition by Avantor, or by failing to comply with the Avantor recruitment process, you forfeit any fee on the submitted candidates, regardless of your usual terms and conditions. Avantor works with a preferred supplier list and will take the initiative to engage with recruitment agencies based on its needs and will not be accepting any form of solicitation

Experience Level

Mid Level