Accounts Receivable Analyst
Accounts Receivable Analyst
Foods you love. Brands you trust. And a career that empowers you to grow.
At Nestlé USA, we’re all working towards the same goal – to delight and deliver for our consumers. With a rich portfolio of beloved brands, including DiGiorno, Toll House, and Coffee mate, in 97% of U.S. households, we have a unique opportunity – and responsibility – to be there for every moment in our consumers’ lives.
Joining Nestlé means becoming part of an inclusive workplace that inspires innovation, encourages strategic thinking and creativity, and celebrates your achievements. No matter where you work within the organization, you are empowered to challenge the status quo, embrace risk-taking, and pioneer new ideas. Our supportive and collaborative environment encourages bold ambitions and continuous learning so that everyone can grow and thrive.
This position is not eligible for Visa Sponsorship.
Job Summary
The purpose of the Accounts Receivable Analyst is to support the administrative functions of the Credit and AR Administration Department including management of the Direct-to-Consumer reconciliations. Other responsibilities include credit card processing, misdirected receivables, deduction purge processing, incoming and outgoing escheatment activities, doubtful receivable portfolio, and various other Accounts Receivable functions. Ongoing interaction with Credit Management, Finance Management, Customer Service, and customers.
Primary Responsibilities
Support administrative functions of the Credit Department including:
- Managing payment reconciliation for Direct-to-Consumer business and resolving any variations between the DTC order/invoice postings and the funds received in settlements
- Execution of various clearings from AR to other balance sheet accounts to ensure the integrity of the Trade Receivable balance and other balance sheet accounts. Dispute management error monitoring, cash application of NQAC receivables and various other administrative functions.
- Analyze and approve misdirected cash and deduction transfers between Operating Companies (NHS UUS LLC, Nestlé Purina PetCare Company, and Nestlé BGS) and divested businesses to ensure proper accounting of trade receivable balances. Monitor system and ledger for policy compliance and ensure supporting documentation is provided.
- B2B Credit card processing, including customer registration, resolution of authorization blocks, interfacing with third party payment processors and reconciliation of customer chargebacks and other reconciliation issues.
- Support doubtful account management including transfers from Trade receivables to doubtful receivables and bad debt expense, agency placements, bankruptcy reclamation defense and reconciliation; proof of claim filing, reconciliation and defense; preference defense and analysis. Reconcile account balances and negotiate settlements as appropriate.
- Ongoing interaction with Credit Management, Customer Service personnel, Outside Legal Counsel, and Nestlé customers
- Assist on department projects and perform other duties and special assignments as required Reconcile account balance and open items of all document types with the customer
Requirements and Minimum Education Level
- Bachelor’s degree in business, Accounting, or Finance required
- Minimum of three years in Accounts Receivable required and bankruptcy experience preferred
Experience
- Experience in the CPG industry preferred
- SAP accounts receivable system experience preferred
Required Skills
- Well-organized, methodical thinker, who can prioritize workload and responsibilities with excellent decision-making skills
- Excellent written and verbal communication skills
- Excellent analytical aptitude with a proven ability to analyze/interpret data
- Strong and creative problem-solving skills and results-based orientation
- Ability to work in a fast-paced environment and handle multiple priorities
- Capable of working independently with minimal supervision
- Ability to work well in a team-based environment and interact cooperatively with internal and external customers
- Experienced in Microsoft office applications (e.g., Word, Excel, Access, and PowerPoint)
#LI-hybrid
#LI-BB1
Salary: $53,000.00 to $76,000.00 per year
Bonus Eligibility: Yes
The pay range provided is a good faith estimate for the position at the time of posting. Final compensation may vary based on factors including but not limited to knowledge, skills and abilities as well as geographic location. It is not typical for an individual to be hired at top of range.
Nestlé offers performance-based incentives and a competitive total rewards package, which includes a 401k with company match, healthcare coverage and a broad range of other benefits. Incentives and/or benefit packages may vary depending on the position. Learn more at https://www.nestlejobs.com/nestle-in-the-us-benefits
It is our business imperative to remain a very inclusive workplace.
To our veterans and separated service members, you're at the forefront of our minds as we recruit top talent to join Nestlé. The skills you've gained while serving our country, such as flexibility, agility, and leadership, are much like the skills that will make you successful in this role. In addition, with our commitment to an inclusive work environment, we recognize the exceptional engagement and innovation displayed by individuals with disabilities. Nestlé seeks such skilled and qualified individuals to share our mission where you’ll join a cohort of others who have chosen to call Nestlé home.
The Nestlé Companies are equal employment opportunity employers. All applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status or any other characteristic protected by applicable law. Prior to the next step in the recruiting process, we welcome you to inform us confidentially if you may require any special accommodations in order to participate fully in our recruitment experience. Contact us at accommodations@nestle.com or please dial 711 and provide this number to the operator: 1-800-321-6467.
This position is not eligible for Visa Sponsorship.
Review our applicant privacy notice before applying at https://www.nestlejobs.com/privacy.
Job Requisition: 416489
Foods you love. Brands you trust. And a career that empowers you to grow.
At Nestlé USA, we’re all working towards the same goal – to delight and deliver for our consumers. With a rich portfolio of beloved brands, including DiGiorno, Toll House, and Coffee mate, in 97% of U.S. households, we have a unique opportunity – and responsibility – to be there for every moment in our consumers’ lives.
Joining Nestlé means becoming part of an inclusive workplace that inspires innovation, encourages strategic thinking and creativity, and celebrates your achievements. No matter where you work within the organization, you are empowered to challenge the status quo, embrace risk-taking, and pioneer new ideas. Our supportive and collaborative environment encourages bold ambitions and continuous learning so that everyone can grow and thrive.
This position is not eligible for Visa Sponsorship.
Job Summary
The purpose of the Accounts Receivable Analyst is to support the administrative functions of the Credit and AR Administration Department including management of the Direct-to-Consumer reconciliations. Other responsibilities include credit card processing, misdirected receivables, deduction purge processing, incoming and outgoing escheatment activities, doubtful receivable portfolio, and various other Accounts Receivable functions. Ongoing interaction with Credit Management, Finance Management, Customer Service, and customers.
Primary Responsibilities
Support administrative functions of the Credit Department including:
- Managing payment reconciliation for Direct-to-Consumer business and resolving any variations between the DTC order/invoice postings and the funds received in settlements
- Execution of various clearings from AR to other balance sheet accounts to ensure the integrity of the Trade Receivable balance and other balance sheet accounts. Dispute management error monitoring, cash application of NQAC receivables and various other administrative functions.
- Analyze and approve misdirected cash and deduction transfers between Operating Companies (NHS UUS LLC, Nestlé Purina PetCare Company, and Nestlé BGS) and divested businesses to ensure proper accounting of trade receivable balances. Monitor system and ledger for policy compliance and ensure supporting documentation is provided.
- B2B Credit card processing, including customer registration, resolution of authorization blocks, interfacing with third party payment processors and reconciliation of customer chargebacks and other reconciliation issues.
- Support doubtful account management including transfers from Trade receivables to doubtful receivables and bad debt expense, agency placements, bankruptcy reclamation defense and reconciliation; proof of claim filing, reconciliation and defense; preference defense and analysis. Reconcile account balances and negotiate settlements as appropriate.
- Ongoing interaction with Credit Management, Customer Service personnel, Outside Legal Counsel, and Nestlé customers
- Assist on department projects and perform other duties and special assignments as required Reconcile account balance and open items of all document types with the customer
Requirements and Minimum Education Level
- Bachelor’s degree in business, Accounting, or Finance required
- Minimum of three years in Accounts Receivable required and bankruptcy experience preferred
Experience
- Experience in the CPG industry preferred
- SAP accounts receivable system experience preferred
Required Skills
- Well-organized, methodical thinker, who can prioritize workload and responsibilities with excellent decision-making skills
- Excellent written and verbal communication skills
- Excellent analytical aptitude with a proven ability to analyze/interpret data
- Strong and creative problem-solving skills and results-based orientation
- Ability to work in a fast-paced environment and handle multiple priorities
- Capable of working independently with minimal supervision
- Ability to work well in a team-based environment and interact cooperatively with internal and external customers
- Experienced in Microsoft office applications (e.g., Word, Excel, Access, and PowerPoint)
#LI-hybrid
#LI-BB1
Salary: $53,000.00 to $76,000.00 per year
Bonus Eligibility: Yes
The pay range provided is a good faith estimate for the position at the time of posting. Final compensation may vary based on factors including but not limited to knowledge, skills and abilities as well as geographic location. It is not typical for an individual to be hired at top of range.
Nestlé offers performance-based incentives and a competitive total rewards package, which includes a 401k with company match, healthcare coverage and a broad range of other benefits. Incentives and/or benefit packages may vary depending on the position. Learn more at https://www.nestlejobs.com/nestle-in-the-us-benefits
It is our business imperative to remain a very inclusive workplace.
To our veterans and separated service members, you're at the forefront of our minds as we recruit top talent to join Nestlé. The skills you've gained while serving our country, such as flexibility, agility, and leadership, are much like the skills that will make you successful in this role. In addition, with our commitment to an inclusive work environment, we recognize the exceptional engagement and innovation displayed by individuals with disabilities. Nestlé seeks such skilled and qualified individuals to share our mission where you’ll join a cohort of others who have chosen to call Nestlé home.
The Nestlé Companies are equal employment opportunity employers. All applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status or any other characteristic protected by applicable law. Prior to the next step in the recruiting process, we welcome you to inform us confidentially if you may require any special accommodations in order to participate fully in our recruitment experience. Contact us at accommodations@nestle.com or please dial 711 and provide this number to the operator: 1-800-321-6467.
This position is not eligible for Visa Sponsorship.
Review our applicant privacy notice before applying at https://www.nestlejobs.com/privacy.
Job Requisition: 416489
Solon, OH, US, 44139
Solon, OH, US, 44139
Nearest Major Market: Cleveland