Collections Analyst - Associate Accountant

About Analog Devices

Analog Devices, Inc. (NASDAQ: ADI ) is a global semiconductor leader that bridges the physical and digital worlds to enable breakthroughs at the Intelligent Edge. ADI combines analog, digital, and software technologies into solutions that help drive advancements in digitized factories, mobility, and digital healthcare, combat climate change, and reliably connect humans and the world. With revenue of more than $9 billion in FY24 and approximately 24,000 people globally, ADI ensures today's innovators stay Ahead of What's Possible. Learn more at www.analog.com and on LinkedIn and Twitter (X).

Primary Function: (Give a general description of this position.)

Under general supervision, performs collections functions in order to support departmental goals and revenue growth for Maxim. Tasks include collecting Account Receivables, coordinates remittance details to ensure accurate and on-time cash posting and allocation under customer portfolio assigned, sending of Statement of Accounts (SOA), collection letters and other supporting documents necessary. Investigate and coordinate with respective Stakeholders for any billing dispute to facilitate resolution and on-time collections.

The position reports directly to the Accounting Manager – Credit & Collections.

Competency Level:

Educational Background:

(List minimum education and required discipline, e.g. Bachelor’s Degree, Master’s Degree, etc.)

• Bachelor’s degree, preferably Accounting or any business related course
  
  

Experience: (List minimum number of years and field of exposure, licensure, registration, and/ or certification required).

• New College Hire with excellent scholastic record
• 1-3 years of Credit and Collections work experience at global level preferred
  
  

Knowledge, skill and abilities: (List the competencies the employees must have to be successful in the position)

• Knowledgeable in SAP S/4 HANA preferred (FICO & SD module)
• Chinese, Korean, Japanese language skills preferred but not required
• Proficient in MS Office products especially Excel Excellent communication and negotiation skills
• Financial Analysis Aptitude
• Business / Credit Analytics
• Fluent in English both oral and written is a must. Additional Language skills like Mandarin, Korean, etc. preferred but not required
• Team player, fast learner, focused on achieving targets, self-motivated, resourceful
• Takes ownership of assignments and/or projects
• Analytical, works systematically with high quality
  
  

Major Duties & Responsibilities: (List the major responsibilities of the position. Most jobs have 5-7 major job responsibilities that represent the essential function of the position.)

Manage assigned portfolio’s Accounts Receivables through collections of past due and will be due invoices in adherence to contractual payment terms Daily Review and release of blocked orders based on status of customer's account Daily Review of Bank Statement Report and coordinate with customer and/or Cash Applications team regarding remittance details to ensure timely posting and allocation of all customer payments. Researches and identifies any unapplied cash payments and secure respective remittance details and endorse for cash application. Do investigation in SAP and facilitates resolution of disputed invoices with respective BUs i.e. Customer Operations, Sales, Billing, Shipping/SCM, QA, etc. Research all debits and credits on a customer’s Accounts Receivable statement of account and ensure resolution through payment or internal adjustments via Debit Memo, Credit Memo, Customer Refund Document payment, financial and overall pertinent information in SAP S/4 HANA and shared file on assigned customer accounts Meet assigned global and individual targets – DSO, % / $ overdue, aging buckets Update Collections Worklist, Dispute Management, weekly Aging Report for assigned A/R customer base for management review Support back-up system at all times including holidays and personal time-off Ad-hoc Collections tasks that may be required of the job from time to time

For positions requiring access to technical data, Analog Devices, Inc. may have to obtain export licensing approval from the U.S. Department of Commerce - Bureau of Industry and Security and/or the U.S. Department of State - Directorate of Defense Trade Controls. As such, applicants for this position – except US Citizens, US Permanent Residents, and protected individuals as defined by 8 U.S.C. 1324b(a)(3) – may have to go through an export licensing review process.

Analog Devices is an equal opportunity employer. We foster a culture where everyone has an opportunity to succeed regardless of their race, color, religion, age, ancestry, national origin, social or ethnic origin, sex, sexual orientation, gender, gender identity, gender expression, marital status, pregnancy, parental status, disability, medical condition, genetic information, military or veteran status, union membership, and political affiliation, or any other legally protected group.

Job Req Type: Experienced

Required Travel: No

Shift Type: Normal Time (Philippines)