Accounts Receivable Analyst

Nestle Operational Services Worldwide SA•Solon, OH

2d•$53,000 - $76,000•Hybrid

About The Position

The purpose of the Accounts Receivable Analyst is to support the administrative functions of the Credit and AR Administration Department including management of the Direct-to-Consumer reconciliations. Other responsibilities include credit card processing, misdirected receivables, deduction purge processing, incoming and outgoing escheatment activities, doubtful receivable portfolio, and various other Accounts Receivable functions. Ongoing interaction with Credit Management, Finance Management, Customer Service, and customers.

Requirements

Bachelor’s degree in business, Accounting, or Finance required
Minimum of three years in Accounts Receivable required
Well-organized, methodical thinker, who can prioritize workload and responsibilities with excellent decision-making skills
Excellent written and verbal communication skills
Excellent analytical aptitude with a proven ability to analyze/interpret data
Strong and creative problem-solving skills and results-based orientation
Ability to work in a fast-paced environment and handle multiple priorities
Capable of working independently with minimal supervision
Ability to work well in a team-based environment and interact cooperatively with internal and external customers
Experienced in Microsoft office applications (e.g., Word, Excel, Access, and PowerPoint)

Nice To Haves

bankruptcy experience preferred
Experience in the CPG industry preferred
SAP accounts receivable system experience preferred

Responsibilities

Managing payment reconciliation for Direct-to-Consumer business and resolving any variations between the DTC order/invoice postings and the funds received in settlements
Execution of various clearings from AR to other balance sheet accounts to ensure the integrity of the Trade Receivable balance and other balance sheet accounts. Dispute management error monitoring, cash application of NQAC receivables and various other administrative functions.
Analyze and approve misdirected cash and deduction transfers between Operating Companies (NHS UUS LLC, Nestlé Purina PetCare Company, and Nestlé BGS) and divested businesses to ensure proper accounting of trade receivable balances. Monitor system and ledger for policy compliance and ensure supporting documentation is provided.
B2B Credit card processing, including customer registration, resolution of authorization blocks, interfacing with third party payment processors and reconciliation of customer chargebacks and other reconciliation issues.
Support doubtful account management including transfers from Trade receivables to doubtful receivables and bad debt expense, agency placements, bankruptcy reclamation defense and reconciliation; proof of claim filing, reconciliation and defense; preference defense and analysis. Reconcile account balances and negotiate settlements as appropriate.
Ongoing interaction with Credit Management, Customer Service personnel, Outside Legal Counsel, and Nestlé customers
Assist on department projects and perform other duties and special assignments as required
Reconcile account balance and open items of all document types with the customer