Credit and Collection Analyst Jr (Temporary-Madrid)

Abbott Laboratories

12d ago

Job
Full-time
Junior & Mid Level
Accounting & Tax
Business, Operations & Strategy
Madrid

AI generated summary

You need a bachelor's in business, fluent in Spanish and English, 2-3+ years in Accounts Receivable, advanced Excel skills, and strong analytical, communication, and interpersonal abilities.
You will manage credit control, handle AR queries, drive cash collections, allocate payments, prepare reports, support audits, and maintain relationships with stakeholders while ensuring process integrity.

Requirements

Bachelor’s degree in business administration or Professional credit management qualification highly preferred. Relevant work experience advantageous or equivalent combination of education and work experience.
Fluent in Spanish and English B2 - C1.
Knowledge and understanding of overall OTC processes.
Experience with 3rd party outsource providers preferred.
Microsoft Excel - Advanced.
Additional SAP ERP /As400 experience is a plus.
Strong analytics with advanced Excel and knowledge of Power Bi Desirable.
2-3+ years experience in Accounts Receivable within large company.
Problem-solving attitude;
Attention to Detail - Focuses on the thoroughness and accuracy of work, including but not limited to ability to review information and follow appropriate guidelines;
Service Orientation - Understands and anticipates the internal and external customer business needs and acts accordingly;
Effective Communication - Expresses ideas effectively through multiple channels; clearly conveys an understanding of the needs of different audiences;
Interpersonal Skills - Ability to build relationships with internal and external customers, and colleagues;
Achievement/Motivation - Drives for success; shows persistence and perseverance to achieve concrete and tangible results; takes action and displays tenacity when faced with resistance;
Composure - Performs well when faced with pressure due to adversity, opposition, conflict or emotional situations;
Quantity/Quality of Work - Consistently produces accurate, thorough and complete work within defined timelines; volume of work completed meets expectations.

Responsibilities

Managing the credit control function for assign portfolio and oversee delivery of activities from 3rd party service provider (collection, credit, cash application and master data).
Act as a 1st point of contact for all Accounts Receivable queries for assigned markets.
Develop and maintain strong relationship with customers (Internal and External).
Prepare and distribute key reporting to all stakeholder across multiple levels in the organization (incl. Aged debtor, bad debt, Payment analysis, Forecast…).
Ensure correct allocation of payment, monitor unapplied and AR related journal entries throughout the month and take part in month end activities.
Participate in Team’s strategy setting, Continuous Improvement planning and ERP project.
Perform day to day credit and collections functions within the defined process standards working across captive and outsourced teams,
Drive cash collections for the portfolio under management, review analyst’s performance,
Meet the agreed performance measures, KPIs, and goal setting processes,
Prepare and review monthly performance reports,
Ensure that the customer payments are adequately allocated,
Assist management in performing, facilitating, and reviewing day to day credit and collections activity within the centre and the 3rd party provider,
Have a high level of understanding of the commercial operation,
Manage the Administrative task required for the job
Assist management in developing and reviewing performance results for credit and accounts receivable processes in the region,
Ensure integrity of internal controls, in partnership with the compliance team,
Support internal and external audit queries,
Provide oversight and support for responses to and remediation of audit findings, across internal and 3rd party outsource service providers, as required.

FAQs

What is the duration of the job position?

The position is temporary.

Is this position remote or onsite?

This position is based in Madrid and does not specify remote work; it is likely onsite.

What are the main responsibilities of the Credit and Collection Analyst Jr?

The main responsibilities include managing credit control for an assigned portfolio, handling Accounts Receivable queries, maintaining customer relationships, preparing reports, and ensuring correct payment allocation.

What kind of educational background is preferred for this role?

A Bachelor's degree in business administration or a professional credit management qualification is highly preferred.

What language skills are required for this position?

Fluency in Spanish and English (B2 - C1) is required.

How many years of experience in Accounts Receivable are preferred?

2-3+ years of experience in Accounts Receivable within a large company is preferred.

What software skills are necessary for this role?

Advanced Microsoft Excel skills are required, and knowledge of SAP ERP or As400 is a plus.

What personal attributes are important for success in this role?

Important attributes include attention to detail, service orientation, effective communication skills, interpersonal skills, achievement motivation, composure under pressure, and the ability to produce quality work consistently.

Is experience with 3rd party service providers preferred?

Yes, experience with 3rd party outsource providers is preferred.

What opportunities does this position offer for career development?

The position provides career development opportunities within an international company recognized for diversity and employee satisfaction.

Abbott Laboratories

Science & Healthcare

Industry

10,001+

Employees

Mission & Purpose

At Abbott, we’re dedicated to helping people live more fully, in everything we do. We’re creating the future of healthcare through life-changing technologies that make you healthier and stronger, quickly identify when you have a medical need, and treat conditions to help you get back to doing what you love. With headquarters in north suburban Chicago, Abbott serves people in more than 160 countries with leading medical devices, diagnostics, nutrition products and branded generic medicines. More than 115,000 of us are helping millions of people to live better and healthier, every day around the world. Our employees do work that matters as part of a global community that supports them with career development opportunities and locally competitive benefits. Mission: We help people live better and healthier with our life-changing technologies. We're revolutionizing health with the most personal technologies, empowering people with the data and knowledge they need to help them live longer and better.