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AR Analyst

Location: Raleigh, North Carolina, United States
Job ID: R0028879
Date Posted: Sep 28, 2023
Segment: Green Energy & Mobility
Business Unit: Hitachi Energy
Company Name: HITACHI ENERGY USA INC
Profession (Job Category): Finance
Job Type (Experience Level): Experienced
Job Schedule: Full time
Remote: No

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Description

The AR Analyst, Collections is responsible for all collections on assigned customers which includes maintaining internal and external customer relationships, and identifying, investigating, and resolving collection issues. This role develops and recommends payment agreements, maintains customer account reconciliation, forecasts customer payments, and prepares status reports to be circulated to the impacted business divisions. This position requires the ability to operate independently, with a high degree of self-sufficiency.

Duties & Responsibilities

Collections

  • Ensure accurate and efficient reconciliation of Key customers with large projects allowing for timely collection of amounts owed.
  • Work with BU project managers to Identify, investigate and resolve collection issues in order to ensure collection in a timely manner.
  • Identify debit balance and other situations that will impact the cash forecast and communicate the status to the cash application team.
  • Lead meetings with internal and external customers to resolve AR issues.
  • Record and maintain all third-party collections and bankruptcy activity.
  • Partner with the credit analysts with respect to collection issues and credit holds to determine if changes to credit limits are needed.
  • Proactively engage and interact with the sales organizations regarding account status, orders, and payments in order to maximize revenue opportunities.
  • Identify customers to be considered for monthly bad debt reserve based upon aging, payment trends, and country risk.
  • Supply collections information for internal and external audits

Disputes

  • Ensure accurate and efficient reconciliations and reporting of all open and collectible disputes for assigned key customers.
  • Work with BU partner and Sales to Identify root causes for disputes and resolve all deductions in a timely manner with a clear understanding of the impact to the business.

Reporting

  • Generate reports to measure and prioritize AR team daily performance and align with team metrics.

Continuous Improvement

  • Seek opportunities for continued improvements in AR collection process, efficiencies, and best practices within the CSS team.
  • Work with various teams to implement identified solutions and reduce operational inefficiencies.

Education

  • Bachelor's Degree (or equivalent experience) in the field of Finance, Accounting, or Business Administration

Experience

  • Credit & Collections experience in a medium to large business
  • Cash Application
  • Invoicing
  • Reconciling

Software/Technical Skills

  • MS Office Suite (Outlook, Word, PowerPoint, & especially Excel)
  • SAP
  • Collection  

Other Skills, Knowledge, & Abilities

  • Ability to communicate clearly and effectively, verbally and written within different levels of management and customers.
  • Ability to identify and resolve problems in a timely manner.
  • Ability to present information in an effective and efficient manner.
  • Ability to pay attention to detail.
  • Able to use judgment to think through issues and present recommendations to management for appropriate action.
  • Ability to manage multiple work assignments at the same time efficiently and effectively; prioritize and plan work activities, using time efficiently.
  • Ability to be a team player; participate in cross-functional teams and place the success of team and company above individual accomplishments.

Qualifications & Education:

  • Bachelor's Degree (or equivalent experience) in the field of Finance, Accounting, or Business Administration
  • Candidate must already have work authorization that would permit them to work for Hitachi Energy in the United States.
    Candidate must already have work authorization that would permit them to work for Hitachi Energy in the United States.
     

Equal Opportunity Employer (EOE)-Females/Minorities/Protected Veterans/Individuals with Disabilities

Protected veterans and qualified individuals with a disability may request a reasonable accommodation if you are unable or limited in your ability to use or access Hitachi Energy career site as a result of your disability. You may request reasonable accommodations by calling a Hitachi Energy HR Representative at 1-888-504-2007 or by sending an email to: [email protected]. Resumes and applications will not be accepted in this manner.

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