Account Receivable Specialist

Molecular Devices

Molecular Devices

Accounting & Finance
Dubai - United Arab Emirates
Posted on Friday, July 5, 2024

Wondering what’s within Beckman Coulter Diagnostics? Take a closer look.

At first glance, you’ll see that for more than 80 years we’ve been dedicated to advancing and optimizing the laboratory to move science and healthcare forward. Join a team where you can be heard, be supported, and always be yourself. We’re building a culture that celebrates backgrounds, experiences, and perspectives of all our associates. Look again and you’ll see we are invested in you, providing the opportunity to build a meaningful career, be creative, and try new things with the support you need to be successful.

Beckman Coulter Diagnostics is proud to work alongside a community of six fellow Diagnostics Companies at Danaher. Together, we’re working at the pace of change to improve patient lives with diagnostic tools that address the world’s biggest health challenges.

The Account Receivable Specialist for Beckman Coulter Diagnostics is responsible for collections of delinquent accounts and resolves issues with incorrect billing amounts and purchase orders. The role is critical for minimizing financial risk to the organization by assessing and advising on creditworthiness of prospective and existing customers. (Also called Accounts Receivable.)

You will report to the Senior Finance Manager, responsible for MEA region. If you thrive in a fast paced role and want to work to build a world-class organization—read on.

In this role, you will have the opportunity to:

Collection :

  • Review and reconcile customer accounts for collection efforts

  • Chase overdue debtors using telephone/email and define the root causes for non-payment

  • Plan and execute collection activities to maximize cash receipts

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

  • Create and update customer profile class on a weekly basis

  • Cooperate well with sales team members and any the team members

  • Prepare the monthly cash collection forecast and ensure accuracy of the forecast

  • Review and release customer orders on credit check hold releases

  • Calculate quarterly bad debts reserves

  • Keep good record and follow up of KPIs (on account payments, DSO, 1+ aging report)

  • Ensure that adequate internal controls are monitored, including Anti-corruption policy & compliance and ensure support during Auditing

Cash Application :

  • Enter manually the cash application

  • Prepare the bank file

  • Sort and file the customers' remittances advices

  • Run the Netting on a weekly basis

  • Complete all the adjustments: applies & write off's

  • Complete the cash book on a daily basis

  • Make customers' phone calls to enquiry payment details and payment queries

  • Run the sales journal and the unposted items report

  • Perform the month end closing activities and payment queries

The essential requirements of the job include:

  • 5 years of professional experience within an accounting, ideally in the multi-geographic, complex business environment

  • Fluent in English; French or Arabic is a plus

  • Excellent computer skills

  • Good communication skills with internal and external stakeholders

It would be a plus if you also possess previous experience in:

  • ERP Oracle

At Beckman Coulter Diagnostics we believe in designing a better, more sustainable workforce. We recognize the benefits of flexible, hybrid working arrangements for eligible roles and are committed to providing enriching careers, no matter the work arrangement. This position is eligible for a hybrid work arrangement in which you can work part-time at the Company location identified above and part-time remotely from your home. Additional information about this hybrid work arrangement will be provided by your interview team. Explore the flexibility and challenge that working for Beckman Coulter Diagnostics can provide.

At Danaher we bring together science, technology and operational capabilities to accelerate the real-life impact of tomorrow’s science and technology. We partner with customers across the globe to help them solve their most complex challenges, architecting solutions that bring the power of science to life. Our global teams are pioneering what’s next across Life Sciences, Diagnostics, Biotechnology and beyond. For more information, visit www.danaher.com.

At Danaher, we value diversity and the existence of similarities and differences, both visible and not, found in our workforce, workplace and throughout the markets we serve. Our associates, customers and shareholders contribute unique and different perspectives as a result of these diverse attributes.