Title: Financial Analyst III
Location: Lake Forest, Illinois
Duration: 3 Month
100% Onsite
Job Overview
We are seeking a detail-oriented Accounts Receivable Research Analyst to join our finance team. The successful candidate will be responsible for analyzing and resolving outstanding receivables through in-depth investigation and collaboration with various departments. This role involves identifying root causes for open receivables, ensuring compliance with contract terms, and accelerating the processing of credit memos to support financial accuracy and efficiency.
Key Responsibilities
- Analyze sales reports, comparing invoiced prices to contracted terms and ensuring alignment of billed products with contracted products.
- Review accounts for accurate purchase orders (POs) and verify sufficient funds are available for contracted items.
- Investigate and resolve open receivables by working closely with Accounts Receivable, Contracts & Pricing, and Sales teams.
- Address duplicated inquiries and validate requests for credit memos to streamline processing and improve receivables management.
- Propose actionable steps for resolution, contributing to the timely and efficient collection of outstanding accounts.
Qualifications
- Bachelor’s degree in Finance, Accounting, Business, or a related field.
- Proven experience in accounts receivable analysis, financial analysis, or related areas.
- Strong analytical skills with the ability to interpret sales reports and contract terms.
- Excellent communication and interpersonal skills to effectively collaborate across departments.
- Proficiency in financial software and Excel.
Skills
- Detail-oriented with a strong ability to problem-solve and identify root causes.
- Understanding of contracts, pricing structures, and purchase order processes.
- Ability to work independently and manage multiple tasks in a deadline-driven environment.
This role offers an exciting opportunity to contribute to our financial operations by ensuring the accuracy and efficiency of receivables processes.
Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritional and branded generic medicines.
Working together, Abbott and Talent Solutions partner to deliver top talent for contingent roles at Abbott, building better and healthier lives. Abbott believes all employees are essential to creating life-changing breakthroughs, performing key duties to create life-changing breakthroughs.
