Account Receivables Analyst

Job Description

Eaton’s Corporate division is currently seeking an Account Receivables Analyst to join our team. This position is based at our Querétaro Office.

The Account Receivables Analyst is responsible for ensuring timely invoicing and collection of accounts receivables from customers in Mexico and intercompany trading partners. In addition, he/she will foster a good customer relationship by providing timely billing, customer support and problem resolution. At the same time, maximizing cash flows and ensuring proper accounting and achieving or exceeding established metrics.

Making what matters work at Eaton takes the passion of every employee around the world. We create an environment where creativity, invention and discovery become reality, each and every day. It’s where bold, bright professionals like you can reach your full potential—and where you can help us reach ours.

Some activities related with the position will be:

  • Ensure timely collection of accounts receivables, as well as correct application of customer payments, credit memo’s, debit memo’s, etc.

  • Participate and support financial close, forecast and Profit Plan activities with accuracy, and in accordance with corporate timing and reporting requirements.

  • Responsible for issuing and sending invoices, credit memo’s and aging statements to customers on a daily basis or as required. Includes manual invoicing and credit memo’s.

  • Build a strong relationship with customer AR (internal / external) in order to maximize collection efficiency, minimize past due and resolve issues.

  • Investigate, address and resolve customer payment issues. Work with customers (internal and external) to implement corrective actions to minimize or eliminate re-occurrence in the future.

  • Proactively analyze and prepare customers payments activities; ensure clear communication of customer issues and elevate problems in a timely manner. Inform management of the monthly AR cash flows.

  • Responsible for reconciliation of all sales, billing, shipping and invoicing transactions between shipping module, Oracle GL, Oracle AR and millennium. Ensure all AR interfaces are working correctly. Work with appropriate people to implement corrective actions as required.

  • Support VG NA Credit & Collections team, as well as other facility in the collection of invoices (current or past due).

  • Work with intercompany trading partners to ensure timely payment and collection of intercompany receivables. Ensure proper transaction/transmittal of interplant unit transfers, primarily with Galesburg / Eaton Logistics Center.

  • Drive/Implement continuous improvement of key financial metrics as they relate to the accounts of receivable function.

  • Responsible to report Close comments of Account Receivable, DSO, BSC, Red Flags and other Divisional or Plant reports. In charge of forecast AR accounts and  DSO  each month and for Profit Plan. Responsible to drive/implement action items to improve metrics.

  • Establish and monitor compliance with internal accounting controls deemed necessary to ensure integrity of financial transactions, reporting and activities; and safeguarding of plant assets in adherence with corporate policies and procedures.  Ensure compliance of statutory requirements as applicable to the plant.

  • Assist and participate in internal / external audits as required.

  • Support implementation of improvements to monthly closing procedures ensuring accuracy and timeliness, as well as continuous develop and improvement of financial modeling and tools.

  • Ensure accurate and timely submission of data to the various Eaton systems (Encore, DFT, RSD, E-room, Cognos, EPM, BSC, etc.)

  • Maintain an atmosphere of teamwork and continuous improvement in order to achieve departmental and plant goals. Support plant, functional or corporate initiatives.

  • Support and/or lead department activities related to process improvements and standard work.  Assists in maintaining an atmosphere of continuous improvement and team efforts for accomplishing department and plant goals. Deploy & sustain lean tools and initiatives in order to reduce waste and improve efficiency of the finance function.

 

When we embrace the different ideas, perspectives and backgrounds that make each of us unique, we — as individuals and as a company — are stronger.

 

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Qualifications

Required (Basic) Qualifications:

Preferred Qualifications:
  • Technical capability to prepare, analyze and interpret financial and operational data/reports.                                                             

  • Knowledge of Microsoft Office, specially spreadsheet software packages Excel.                                                                                                   

  • Sound working knowledge of GAAP, Sarbanes Oxley and local statutory requirements.                                                 

  • Understanding of global business issues, including foreign currency impacts, effective hedging protocols and local customs and duty requirements.                                                                                            

  • Oracle manufacturing knowledge a plus.

Position Success Criteria:

  • Superior analytical and thinking skills; Intellectual rigor and curiosity; problem-solving capability.                                                                                                

  • Strong Interpersonal Skills in order to communicate with customer as well as Eaton Management.


We make what matters work. Everywhere you look—from the technology and machinery that surrounds us, to the critical services and infrastructure that we depend on every day—you’ll find one thing in common. It all relies on power. That’s why Eaton is dedicated to improving people’s lives and the environment with power management technologies that are more reliable, efficient, safe and sustainable. Because this is what matters. We are confident we can deliver on this promise because of the attributes that our employees embody. We’re ethical, passionate, accountable, efficient, transparent and we’re committed to learning. These values enable us to tackle some of the toughest challenges on the planet, never losing sight of what matters.

Job: Finance/Accounting

Region: Latin America
Organization: Corporate Sector

Job Level: Individual Contributor
Schedule: Full-time
Is remote work (i.e. working from home or another Eaton facility) allowed for this position?: No
Does this position offer relocation?: No
Travel: Yes, 10 % of the Time