Come join Analog Devices (ADI) – a place where Innovation meets Impact. For more than 55 years, Analog Devices has been inventing new breakthrough technologies that transform lives. At ADI you will work alongside the brightest minds to collaborate on solving complex problems that matter from autonomous vehicles, drones and factories to augmented reality and remote healthcare.

ADI fosters a culture that focuses on employees through beneficial programs, aligned goals, continuous learning opportunities, and practices that create a more sustainable future.

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:

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.

Educational Background:

Bachelor's degree, preferably Accounting or any business related course

Experience:

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

Knowledge, skill and abilities:

Knowledgeable in SAP S/4 HANA preferred (FICO & SD module)
Chinese, 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
Ability to translate financial statements from other language is desirable but not required
Fluent in English both oral and written is a must. Additional Language skills like Mandarin, Japan, 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:

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: Graduate Job

Required Travel: No

Associate Accountant, Credit & Collections