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Credit & Collections Representative II (Multilingual)

AT Thermo Fisher Scientific
Thermo Fisher Scientific

Credit & Collections Representative II (Multilingual)

Budapest, Hungary

Work Schedule
Standard (Mon-Fri)

Environmental Conditions
Office

Job Description

The Credit & Collections Representative will be responsible for the collection of debt on an allocated portfolio of customers alongside the end-to-end credit management tasks, including the calculation, approval and maintenance of credit limits for new and established customer accounts, and where required, performing regular 'order hold' review and decision making.

The role would suit a candidate with excellent rapport building ability, strong verbal and written communication skills and the ability and passion to achieve critical metrics.

Responsibilities:

  • Perform checks and evaluate credit limits on new and existing customer accounts within the designated portfolio in line with company policy.
  • Carry out necessary procedures to place accounts on hold assigned accounts, and closely monitor them to ensure timely release of orders upon receipt of payment or appropriate evidence.
  • Liaise with other departments and communicate credit hold or block decisions to all relevant parties.
  • Proactively contact customers, primarily by telephone, to ensure invoice processing and timely payments have been scheduled.
  • Review customer accounts on a regular basis and make recommendations to the Team Leader to resolve complex accounts.
  • Engage with Sales, Customer Services and Team Leader to resolve problem accounts and determine when accounts should be placed on hold.
  • Log, review and monitor customer complaints by liaising with the relevant functions to ensure prompt resolution.
  • Allocate credits in consultation with Cash allocation team, Customer Services and customers.
  • Consistently meet assigned targets and fulfil Service Level Agreements (SLAs).
  • Ensure collection software is updated at all times with regards to actions taken, follow-ups needed, dispute reporting and most recent customer contact details.
  • Ensure the performance of all tasks is carried out in accordance with company policies, internal controls and Sarbanes-Oxley requirements.

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  • Additional tasks may include:
    • Assist the cash application team where required (remittance request etc.).
    • Assist with the company's e-invoicing process, if relevant.
    • Other additional duties or tasks may be assigned periodically by the Line Manager.

Skills & Qualifications Required:

  • Skills:

This position interacts with various levels of internal and external customers, and therefore effective and confident communication skills are required to effectively address issues, provide updates and lead successful customer negotiations.

Proven attention to detail and accuracy.

Comfortable in a fast-paced environment.

Strong organizational and time management skills to ensure prioritization and timely completion of tasks and efficiency in handling multiple responsibilities simultaneously.

Problem-solving and analytical ability.

  • Qualifications and experience

Fluency in English and another European language is required (German and/or Spanish is preferred).

University or College degree / degree in accounting or finance is an advantage.

Proficiency in Microsoft Office software is required (Outlook, Excel, etc.).

Relevant software application proficiency is a plus (e.g., Oracle E1, SAP, CForia, etc.).

General credit control account administration experience is an advantage.

Previous experience in troubleshooting and resolving transactional issues.

Client-provided location(s): Budapest, Hungary
Job ID: ThermoFisher-R-01283733-1
Employment Type: Full Time

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • FSA
    • HSA
    • HSA With Employer Contribution
    • Mental Health Benefits
    • Fitness Subsidies
  • Parental Benefits

    • Adoption Leave
    • Birth Parent or Maternity Leave
    • Non-Birth Parent or Paternity Leave
    • Fertility Benefits
    • Adoption Assistance Program
    • Family Support Resources
  • Work Flexibility

    • Flexible Work Hours
    • Hybrid Work Opportunities
    • Remote Work Opportunities
  • Office Life and Perks

    • Commuter Benefits Program
    • On-Site Cafeteria
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Volunteer Time Off
  • Financial and Retirement

    • 401(K) With Company Matching
    • Stock Purchase Program
    • Financial Counseling
    • Performance Bonus
  • Professional Development

    • Tuition Reimbursement
    • Access to Online Courses
    • Internship Program
    • Mentor Program
  • Diversity and Inclusion

    • Employee Resource Groups (ERG)
    • Diversity, Equity, and Inclusion Program