Waters Corporation is currently leading a search for a Principal Credit and Collections Analyst to join our organization. The focus areas of this position will be to evaluate customer credit lines, drive collections activities on a portfolio, identify/resolve customer disputes and provide regular updates to management regarding the portfolio. The position will also be responsible for identifying potential bad debts and making recommendations to address them. 

• Gather and analyze financial information to make decisions about credit lines for customers in the portfolio (using sources like Dun & Bradstreet, bank references, trade references, public financial information, relevant news articles); stay up to date on external best practices and share with team members.
• Manage collections process for assigned demanding portfolio: ensure customers have received their invoice(s), seek to resolve problems, and confirm payment timing.
• Identify and resolve customer disputes leveraging the appropriate cross-functional stakeholders; maintain active, cross-functional relationships.
• Proactively collaborate with Waters’ Sales and Service teams to evaluate extended payment term requests for potential orders; suggest opportunities to expand business through the use of credit terms to management.
• Train new hires on relevant systems and processes.
• Provide excellent customer service to Waters’ customers.
• Ensure daily invoices required to be uploaded in a customer portal are completed each day, handle all rejections, and provide feedback to the Digital Commerce team to improve the process.
• Identify potential bad debts within the portfolio, assist less experienced peers and summarize for management.

Other duties as required by management.

Education:

Bachelor’s degree in Finance, Accounting, or a Business-related specialty a plus

Experience:

10+ years of relevant experience in a comparable industry with emphasis on all facets of Accounts Receivable including a general understanding of the Order-to-Cash cycle, cash applications, dispute management, invoicing, collections, and commercial credit management.

Complexity:

Personal Contacts:

N/A

Mental/

Physical

Requirements:

N/A

Employee Success Model Requirements:

·       Demonstrated end-to-end process thinking and creative problem-solving skills.

·       Strong oral and written communication skills.

·       Formal credit certifications or professional collections certifications a plus.

·       Experience operating in SAP and project management experience are a plus.

Waters Corporation (NYSE:WAT) is a global leader in analytical instruments, separations technologies, and software, serving the life, materials, food, and environmental sciences for over 65 years. Our Company helps ensure the efficacy of medicines, the safety of food and the purity of water, and the quality and sustainability of products used every day. In over 100 countries, our 7,600+ passionate employees collaborate with customers in laboratories, manufacturing sites, and hospitals to accelerate the benefits of pioneering science. 

Diversity and inclusion are fundamental to our core values at Waters Corporation. It benefits our employees, our products, our customers and our community. Waters complies with all applicable federal, state, and local laws. Qualified applicants are considered without regard to sex, race, color, ancestry, national origin, citizenship status, religion, age, marital status (including civil unions), military service, veteran status, pregnancy (including childbirth and related medical conditions), genetic information, sexual orientation, gender identity, legally recognized disability, domestic violence victim status, or any other characteristic protected by law. Waters is proud to be an equal opportunity workplace and is an affirmative action employer. All hiring decisions are based solely on qualifications, merit, and business needs at the time.