Credit and Collections Analyst
2181 alere philippines
📍 philippines - taguig city philippines🕐 28d ago🔗 workday
Job Description
**JOB DESCRIPTION:**
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Abbott Rapid Diagnostics is part of Abbott’s Diagnostics family of businesses, bringing together exceptional teams of experts and industry-leading technologies to support diagnostic testing, which provides important information for the treatment and management of diseases and other conditions.
The Credit & Collections Analyst – Alere Toxicology Services is responsible for managing a complex, aged, and manually maintained accounts receivable portfolio, with a primary focus on credit memo utilization, account reconciliation, and legacy balance cleanup.
This role requires a high level of ownership, analytical judgment, and independent problem-solving, operating in an environment with limited automation and requiring reconstruction of accurate account positions.
**ESSENTIAL DUTIES AND RESPONSIBILITIES – (KEY ACTIVITIES)**
* Manage a portfolio of accounts with a focus on aged and complex AR balances
* Analyze and apply credit memos against outstanding invoices to reduce aging and clear balances
* Perform account-level reconciliations to validate true customer balance positions
* Investigate legacy balances and determine appropriate action: offset (credit vs invoice), collect, escalate or recommend write-off
* Develop segmented resolution strategies (not one-size-fits-all collections)
* Own reduction of historical AR backlog through structured cleanup approaches
* Execute targeted collections on valid and supported balances only
* Identify and resolve discrepancies such as: unmatched credits, invalid invoices, misaligned account balances
* Partner with Billing, Operations, and Cash Application to resolve root cause issues
* Ensure alignment between account status (open, closed, inactive) and financial balances
* Use Excel and available data to track progress and identify aging drivers and trends
* Document findings, actions taken, and resolution status clearly
* Escalate systemic issues impacting AR accuracy and financial reporting
* Observes legal and ethical guidelines for safeguarding patient and company confidentiality (HIPAA)
* Other duties as assigned.
**EDUCATION/EXPERIENCE**
**EDUCATION:**
* Completed at least 4 years in College or with an associate's or Bachelor’s Degree related in Business, Finance or accounting courses.
* 3–5+ years of experience, with demonstrated exposure to:
* aged or legacy AR portfolios
* account reconciliation or cleanup initiatives
* manual or low-automation environments
**SKILLS AND ABILITIES:**
* Strong analytical and account reconciliation skills
* Advanced Excel proficiency (pivot tables, lookups, data analysis)
* Ability to work independently in unstructured environments
* Strong problem-solving and critical thinking capability
* Ability to distinguish between collectible vs non-collectible balances
* Results-driven with strong ownership mindset
* Confident communicator, able to challenge discrepancies and drive resolution
* High attention to detail with ability to manage high-volume workloads
* Strong cross-functional collaboration skills
* Persistent and accountable — drives issues through full resolution
**KNOWLEDGE:**
* Understanding of end‑to‑end Order‑to‑Cash processes.
* Knowledge of credit memo and invoice lifecycle
* Experience in healthcare or diagnostics environment (preferred)
* Familiarity with HIPAA , data integrity and financial controls.
**The base pay for this position is**
N/A
In specific locations, the pay range may vary from the range posted.
**JOB FAMILY:**
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Accounts Payable & Receivables, Credit & Collection, & Payroll
**DIVISION:**
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TOX ARDx Toxicology
**LOCATION:**
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Philippines > Taguig City : Five/Neo Building
**ADDITIONAL LOCATIONS:**
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**WORK SHIFT:**
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Standard
**TRAVEL:**
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Not specified
**MEDICAL SURVEILLANCE:**
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Not Applicable
**SIGNIFICANT WORK ACTIVITIES:**
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Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day)