Senior Cash Allocations Representative at Thermo Fisher Scientific

Quezon City, Metro Manila, Philippines

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Life SciencesIndustries

Requirements

High School Diploma required; Bachelor’s in finance, accounting, economics, or mathematics preferred
2-3 years of experience in a similar role
Previous work experience in Shared Service Centers
B2 English Level
Proficiency in MS Office and at least one ERP system (e.g., SAP, Oracle)
Additional Desirable: Experience with Cforia and/or Get Paid systems
Competences: Build customer dedication through trust; Embrace continuous improvement; Communicate openly with colleagues and leaders; Foster and stimulate personal and team growth; Leverage business efficiency and make data-driven decisions; Promote continuous learning and collaboration across the organization; Put the customer first and own your results; Explore innovative ways every day through intellectual curiosity and process refinements

Responsibilities

Manage customer portfolios, ensuring compliance with payment terms and credit limits using ERP systems
Perform risk assessments on new and existing accounts, recommending credit limits and risk categories
Support annual collections targets and assist in credit risk assessments
Track unapplied and unidentified payments
Conduct financial statement analysis and recommend credit line increases
Coordinate and detail the "Credit Hold" process
Release orders on hold based on credit analysis
Set credit terms for new clients and raise requests for extended payment terms
Negotiate payment plans and liaise with customers and the commercial department
Identify and analyze credit notes, debit notes, and cash applications
Facilitate credit card payments with the Cash Apps department
Manage web billing systems and collaborate with customers
Prepare statements and reports for the company accountant
Manage own email inbox with a sense of urgency and prioritization
Inform supervisors of uncollectible accounts for third-party collection or legal action
Participate in updating job aids or supporting documentation for processes
Find opportunities for process improvements and propose solutions

Skills

Key technologies and capabilities for this role

MS OfficeERPSAPOracleCforiaGet Paidfinancial statement analysiscredit risk assessment

Questions & Answers

Common questions about this position

What are the minimum education and experience requirements for this role?

A High School Diploma is required, with a Bachelor’s degree in finance, accounting, economics, or mathematics preferred. Candidates need 2-3 years of experience in a similar role and previous work in Shared Service Centers, along with B2 English level and proficiency in MS Office and at least one ERP system like SAP or Oracle.

What is the work schedule and location for this position?

This is a full-time role with a standard Monday-Friday schedule in an office environment.

What salary or compensation does this role offer?

This information is not specified in the job description.

What are the key competences valued for this position?

The role values building customer trust, embracing continuous improvement, open communication, fostering growth, data-driven decisions, putting the customer first, and exploring innovative process refinements.

What experience makes a candidate stand out for this Senior Cash Allocations Representative role?

Experience with Cforia and/or Get Paid systems is desirable, in addition to the minimum requirements of 2-3 years in a similar role and Shared Service Center experience.

Thermo Fisher Scientific

Provides life sciences products and services

About Thermo Fisher Scientific

Thermo Fisher Scientific offers a variety of products and services that support scientific research and healthcare, including laboratory equipment, reagents, and software solutions. Their products are used in applications like protein biology, real-time PCR, and sequencing, serving clients such as academic institutions and pharmaceutical companies. Unlike competitors, Thermo Fisher emphasizes customer support and education, helping clients optimize their experiments. The company's goal is to be a leading provider of life sciences solutions that contribute to a healthier and safer world.

Waltham, MassachusettsHeadquarters

1956Year Founded

$17MTotal Funding

IPOCompany Stage

Biotechnology, HealthcareIndustries

10,001+Employees

Risks

Increased competition in single-use bioprocessing may impact market share.

Sale of anatomical pathology business could create a temporary product gap.

Investment in miDiagnostics may face regulatory challenges affecting returns.

Differentiation

Thermo Fisher offers a comprehensive range of life sciences products and services.

Their well-known brands include Thermo Scientific, Applied Biosystems, and Invitrogen.

They provide strong customer support and educational resources to optimize client workflows.

Upsides

Expansion of biologics production facility enhances capacity for precision biologics monitoring.

Investment in miDiagnostics aligns with demand for rapid diagnostic solutions in BioPharma.

Collaboration with Mainz Biomed positions them in the growing cancer detection market.

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