Abbott

AR specialist

North Chicago, Illinois, United States

Not SpecifiedCompensation
Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial ServicesIndustries

Requirements

Candidates should possess a minimum of 3-5 years of accounts receivable experience, encompassing all aspects of AR management, and a bachelor's degree is required. Strong knowledge of overall Order to Cash processes, coupled with experience utilizing SAP ERP and proficient Excel skills, is preferred.

Responsibilities

The AR Analyst will perform accounts receivable functions within established standards, review and investigate customer receipt variances, communicate with internal and external parties regarding accounts receivable inquiries and discrepancies, identify root causes for customer deductions and variances, and provide internal and external audit support as needed. They will also manage accounts receivable utilizing multiple systems, monitor receivables daily, resolve remittance exceptions, work with division sales and contract personnel, and assist the AR Lead and Supervisor in performing and coordinating AR activities within the shared services center.

Skills

SAP ERP
Excel
Accounts Receivable
Order to Cash
Customer Deduction Investigation
Remittance Exception Resolution

Abbott

Healthcare solutions in diagnostics and devices

About Abbott

Abbott Laboratories focuses on improving health through various medical technologies and health solutions. The company operates in areas such as cardiovascular health, diabetes management, diagnostic testing, nutrition, and neuromodulation for chronic pain and movement disorders. Abbott's products include advanced medical devices and diagnostic tests that help healthcare professionals and patients manage health conditions effectively. For example, their cardiovascular technologies assist in heart health management, while diabetes care products enable accurate glucose monitoring without painful fingersticks. Unlike many competitors, Abbott emphasizes accessibility and affordability in its offerings, aiming to make life-changing technologies available to a broader audience. The company's goal is to positively impact global health and well-being, supported by a commitment to sustainability and a 2030 Sustainability Plan.

Lake Bluff, IllinoisHeadquarters
1888Year Founded
IPOCompany Stage
HealthcareIndustries
10,001+Employees

Risks

Departure of key leader Dr. Adamson may affect Abbott's Heart Failure division.
Integration challenges with Medtronic could impact glucose monitor-insulin pump rollout.
Thermo Fisher's microfluidics expansion may increase competition for Abbott.

Differentiation

Abbott integrates continuous glucose monitoring with automated insulin delivery systems.
Abbott's microfluidic devices streamline diagnostic processes efficiently.
Abbott's neuromodulation products target specific nervous system areas for chronic pain relief.

Upsides

Microfluidic technology offers cost-effective solutions in diagnostics.
Strategic partnerships like Abbott-Medtronic enhance product offerings and market reach.
Significant investments indicate strong market confidence in Abbott's healthcare solutions.

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