Sr. Credit & Collections Analyst

Danaher Corporation • Sunnyvale, CA

1d • $40 - $45 • Onsite

About The Position

Bring more to life. Are you ready to accelerate your potential and make a real difference within life sciences, diagnostics and biotechnology? At Cepheid, one of Danaher’s 15+ operating companies, our work saves lives—and we’re all united by a shared commitment to innovate for tangible impact. You’ll thrive in a culture of belonging where you and your unique viewpoint matter. And by harnessing Danaher’s system of continuous improvement, you help turn ideas into impact – innovating at the speed of life. At Cepheid, we are passionate about improving health care through fast, accurate, molecular diagnostic systems and tests. As a member of our team, you’ll get to make an immediate, measurable impact on a global scale, within an environment that fosters career growth and development. Our mission drives us to develop groundbreaking solutions for the world’s most complex health challenges. Together, we bring MORE change to the world. Learn about the Danaher Business System which makes everything possible. The Sr. Credit Analyst is responsible for evaluating the creditworthiness of businesses applying for credit by analyzing financial statements, credit reports, and industry data. They determine risk levels, recommend credit limits, and monitor existing accounts to manage company exposure. This role requires strong analytical skills to prepare, review, and report on credit applications. This position reports to the Credit and Cash Manager and is part of the Finance, Credit and Collection Team located in Sunnyvale, CA and will be an on-site role. In this role, you will have the opportunity to: Generate the daily pending order report. Review and approve pending orders daily following an assessment of the customer's account status and communication with the Collections and Sales teams. Oversee prepaid orders, ensuring payment has been received prior to releasing the order. Financial Analysis: Examine income, financial statements, and credit history to assess risk. Prepare detailed credit reports and recommendations for Management approval. Recommend credit limits and monitor existing credit limits for new and existing accounts. Ensure that payment terms are accurately maintained in SAP for both new and existing customers. Regularly review customer balances to confirm they do not exceed established credit limits, thereby mitigating potential financial risks Provide cross-functional support to the Collection Team on the Ad Hoc project to enhance cash collection efforts and reduce the number of invoices overdue by 60 days or more. Collaborate with the Customer, Sales, and Collection Teams to effectively manage credit risk associated with the release of pending orders.

Requirements

• High school degree (or equivalent experience) with 5+ years of related work experience
• Possess a solid understanding of Accounts Receivable processes, including reconciling customer balances and effectively communicating with clients regarding open issues.
• Demonstrate sound judgment in determining when to escalate concerns to upper management.
• Working experience with SAP ECC/SAP Hana 4, Workflow Accounts Receivable, Excel

Responsibilities

• Generate the daily pending order report.
• Review and approve pending orders daily following an assessment of the customer's account status and communication with the Collections and Sales teams.
• Oversee prepaid orders, ensuring payment has been received prior to releasing the order.
• Financial Analysis: Examine income, financial statements, and credit history to assess risk.
• Prepare detailed credit reports and recommendations for Management approval.
• Recommend credit limits and monitor existing credit limits for new and existing accounts.
• Ensure that payment terms are accurately maintained in SAP for both new and existing customers.
• Regularly review customer balances to confirm they do not exceed established credit limits, thereby mitigating potential financial risks
• Provide cross-functional support to the Collection Team on the Ad Hoc project to enhance cash collection efforts and reduce the number of invoices overdue by 60 days or more.
• Collaborate with the Customer, Sales, and Collection Teams to effectively manage credit risk associated with the release of pending orders.

Benefits

• Cepheid, a Danaher operating company, offers a broad array of comprehensive, competitive benefit programs that add value to our lives. Whether it’s a health care program or paid time off, our programs contribute to life beyond the job.
• Check out our benefits at Danaher Benefits Info.
• The hourly range for this role is $40.00 - $45.00.
• This is the range that we in good faith believe is the range of possible compensation for this role at the time of this posting. This range may be modified in the future.
• This job is also eligible for bonus/incentive pay.
• We offer comprehensive package of benefits including paid time off, medical/dental/vision insurance and 401(k) to eligible employees.
• Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED