Accounting Professional

Siemens Healthineers

14d

About The Position

Join us in pioneering breakthroughs in healthcare. For everyone. Everywhere. Sustainably. Our inspiring and caring environment forms a global community that celebrates diversity and individuality. We encourage you to step beyond your comfort zone, offering resources and flexibility to foster your professional and personal growth, all while valuing your unique contributions. Investigates and analyzes credit risks, completes credit and collection reports. Job Description Summary The Federal Government Vendor Collector is responsible for managing and collecting high value accounts receivable from U.S. federal government agencies. This role requires advanced knowledge of federal contracting, invoicing, and payment systems, as well as the ability to resolve complex payment delays while maintaining compliant and professional relationships with contracting officers, DFAS, and other federal payment offices. The position serves as a subject matter expert and may provide guidance to junior collectors. Investigates and analyzes credit risks, completes credit and collection reports. Job Description Resolves credit problems at all levels and monitors the collection of past-due accounts. Makes customer visits with sales to resolve disputed balances and credit issues. Minimizes bad debts by using root cause analysis. Identifies reasons for non-payment and recommends actions to be taken. Recommends credit extensions and/or legal action where necessary; maintains relationships with credit agencies. Works closely with managers to ensure awareness of any actions and/or problems affecting their relationship with the customers. Familiarity with Bill Of collections process, contract closeouts May make credit approval decisions within prescribed limits. Initiates a collection system to provide for the prompt identification of past due accounts. Key Responsibilities Federal Collections & Receivables Management • Own and actively manage a portfolio of federal government accounts, ensuring timely collection in accordance with contract terms, and federal payment regulations. • Lead collection efforts for aged, disputed, or high dollar federal receivables. • Interpret and apply contract clauses related to invoicing, acceptance, retainage, and payment timing. • Work with billing and contracts teams to ensure compliance with federal systems such as: WAWF / iRAPT, CEP, IPP, ECAT, IPPS / Treasury payment systems • Identify and correct invoicing errors that may delay federal payments. Dispute Resolution & Stakeholder Coordination • Serve as the primary point of contact with federal contracting officers, payment offices, and auditors regarding payment status. • Research and resolve short payments, rejections, and delayed approvals. • Escalate issues appropriately while maintaining positive agency relationships. Leadership & Process Improvement • Act as a subject matter expert on federal collections and payment processes. • Assist with developing or improving standard operating procedures for federal receivables management. • Strong working knowledge of: Federal Acquisition Regulation (FAR) concepts Federal invoicing and acceptance workflows Government payment cycles and approval hierarchies • Proven ability to manage complex collections independently and meet cash flow targets.

Requirements

Strong working knowledge of: Federal Acquisition Regulation (FAR) concepts Federal invoicing and acceptance workflows Government payment cycles and approval hierarchies
Proven ability to manage complex collections independently and meet cash flow targets.
Strong negotiation and diplomatic communication skills
High attention to detail and regulatory compliance
Analytical and problem-solving mindset
Professional judgment and confidentiality

Responsibilities

Resolves credit problems at all levels and monitors the collection of past-due accounts.
Makes customer visits with sales to resolve disputed balances and credit issues.
Minimizes bad debts by using root cause analysis.
Identifies reasons for non-payment and recommends actions to be taken.
Recommends credit extensions and/or legal action where necessary; maintains relationships with credit agencies.
Works closely with managers to ensure awareness of any actions and/or problems affecting their relationship with the customers.
Familiarity with Bill Of collections process, contract closeouts
May make credit approval decisions within prescribed limits.
Initiates a collection system to provide for the prompt identification of past due accounts.
Own and actively manage a portfolio of federal government accounts, ensuring timely collection in accordance with contract terms, and federal payment regulations.
Lead collection efforts for aged, disputed, or high dollar federal receivables.
Interpret and apply contract clauses related to invoicing, acceptance, retainage, and payment timing.
Work with billing and contracts teams to ensure compliance with federal systems such as: WAWF / iRAPT, CEP, IPP, ECAT, IPPS / Treasury payment systems
Identify and correct invoicing errors that may delay federal payments.
Serve as the primary point of contact with federal contracting officers, payment offices, and auditors regarding payment status.
Research and resolve short payments, rejections, and delayed approvals.
Escalate issues appropriately while maintaining positive agency relationships.
Act as a subject matter expert on federal collections and payment processes.
Assist with developing or improving standard operating procedures for federal receivables management.