Job Information
ALBEMARLE AR Analyst in Dalian, China
REQ-25974
Be an essential element to a brighter future.
We work together to transform essential resources into critical ingredients for mobility, energy, connectivity and health. Join our values-led organization committed to building a more resilient world with people and planet in mind. Our core values (https://www.albemarle.com/about/our-values) are the foundation that make us successful for ourselves, our customers and the planet.
Job Description
Accountabilities
Manage customer past dues for ongoing reduction of regional % past dues performance
Reduction of customer accounts with balances in excess of 90 days
Prepare, analyze, develop and maintain Weekly and Month-End reports for Management
Collaboration with internal and external auditors for data, reports, and follow-up on questions and issues
Special projects with select customers to resolve issues & define solutions
Recommend and implement process improvements to address chronic payable problems
Process monthly reconciliation for Journal entry for inter-company trade receivables
Management recommendations on write down of account balances when deemed un-collectable
Quarterly review of customers with contractual payment discounts to verify those earned versus taken
Responsibilities
Generate and manage aging reports for daily follow-up on customer accounts to identify issues, working with appropriate internal (Customer Service, Pricing, and Sales) and external (Customers) resources to resolve and facilitate customer payment
Follow-up with customers for payment status information, working with the customer to provide documentation to resolve outstanding payments.
Document and resolve payment discrepancies as incidents in the Feedback system
Ongoing documentation of account status in Albemarle’s Enterprise Software system (SAP)
Clear offsets to balance customer accounts
Stage credit memos when short payments have been made by the customer
Communicate relevant information and concerns to Treasury on financial status based on contact with the customer
Collaborate with Cash Applications for correct application of payments received
Escalation of chronic payment issues to Management
Work with customers to convert from manual to electronic payments
We are partners to one another in pioneering new ways to be better for ourselves, our teams, and our communities. When you join Albemarle, you become our most essential element and you can anticipate competitive compensation, a comprehensive benefits package, and resources that foster your well-being and fuel your personal growth. Help us shape the future, build with purpose and grow together.
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