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Thermo Fisher Scientific

Makes lab instruments, reagents and supplies

Order to Cash Senior Manager - Credit and Collections

Accounts Payable/ReceivablePosted on Nov 11
Full-timeBudapest, HungaryNo salary listedHybrid

About the Job

Requirements

  • An Advanced Degree plus 6 years of experience, or a Bachelor's Degree plus 8 years of experience in credit and collections, including 2 or more years in management.
  • Expert knowledge of enterprise resource planning systems, including Oracle E1 and SAP, and collection software such as CForia.
  • A proven track record of leading and developing teams up to Manager level.
  • Advanced financial analysis skills and a deep understanding of accounting principles.
  • Strong expertise in credit risk assessment and collections strategy development.
  • Strong stakeholder management and communication skills at senior leadership level.
  • Demonstrated ability to implement process standardization and improvement initiatives.
  • Experience managing relationships with collection agencies and attorneys.
  • Proficiency in Microsoft Office, with advanced Excel skills.
  • Written and verbal English language skills.
  • Experience with Sarbanes-Oxley compliance and internal control frameworks.
  • Proven ability to forecast and manage key performance indicators effectively.
  • Strong strategic planning and budget management skills.

Responsibilities

  • Oversee the Order to Cash function for operations and guide a successful team.
  • Achieve Accounts Receivable targets, optimize cash collection, minimize bad debt exposure, and maintain adherence to credit risk management service-level agreements.
  • Develop strategic initiatives, implement process improvements, and build partnerships across the organization.
  • Collaborate with stakeholders from Sales, Customer Care, Commercial, and Accounting teams to ensure optimal business outcomes.

Desired Qualifications

  • Professional certifications in Credit Management or Accounting.
  • Preferred fields of study include Finance, Accounting, Business Administration, or a related field.

About the Company

Thermo Fisher Scientific

Makes lab instruments, reagents and supplies

Thermo Fisher Scientific makes and sells the instruments, chemicals, consumables and lab services that drug companies, hospitals, universities and industrial labs use for research, testing and production. Its products cover work from gene sequencing and protein analysis to diagnostic tests and lab freezers, and its distribution arm ships supplies to labs worldwide. Drug developers also hire it to run clinical trials and to manufacture medicines under contract. It earns money from consumables that labs buy again and again, along with instrument sales, service contracts and outsourcing fees. The company traces its roots to Thermo Electron, founded in 1956, which merged with Fisher Scientific in 2006, and it is based in Waltham, Massachusetts.

Company size
10,001+
Company stage
IPO
Headquarters
Waltham, MA
Founded
1956

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