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Work Schedule
Standard (Mon-Fri)Environmental Conditions
OfficeJob Description
Business Job Title: Senior Manager Credit & Collections
Career Band: 08
Career Track: Management
Position Location: Budapest, Hungary
Number of Direct Reports: max. 5
Thermo Fisher Scientific Inc. (NYSE: TMO) is the world leader in serving science, with annual revenue of approximately $40 billion. Our Mission is to enable our customers to make the world healthier, cleaner and safer. Whether our customers are accelerating life sciences research, solving complex analytical challenges, growing efficiency in their laboratories, improving patient health through diagnostics or the development and manufacture of life-changing therapies, we are here to support them. Our distributed team delivers an outstanding combination of innovative technologies, purchasing convenience and pharmaceutical services through our industry-leading brands. For more information, please visit www.thermofisher.com.
Position Summary:
As a Senior Manager of the Credit and Collections team, your role will involve leading a large group of the Order to Cash (OtC) function in EMEA, with an annual performance of $4B+. The primary objective is to achieve all Accounts Receivable (AR) targets, including cash collected, minimizing bad debt, and reducing overdue debt while ensuring adherence to Service level agreements (SLAs) on credit risk management. Additionally, you will be expected to meet the company's targets for effective team management and engagement.
The role would suit a candidate with excellent rapport building ability, strong leadership and people management skills. Previous background in a similar senior position in the OtC department and passion to achieve critical metrics are crucial to fully grasp the complexity of the role.
Responsibilities:
Skills & Qualifications Required:
Exceptional leadership skills, ability to inspire and motivate team members, develop and mentor teams set clear expectations, and provide guidance and support.
Proficient communication skills at a senior leadership level.
Strong problem-solving and analytical skills.
Superior organizational skills to prioritize tasks and projects and adhere to set timelines.
Flexibility and adaptability to changing business needs and priorities.
Excellent attention to detail to ensure accuracy in credit assessments, documentation, and reporting.
Content master in the field of credit and/or collection with a strong systematic knowledge of accounting principles and internal processes and standards.
Superior negotiation and relationship building skills.
Proven track record of excellent judgment and decision-making ability.
Demonstrated diplomacy, integrity and ethical standards.
Fluent in English
University or College degree in credit management/accounting, or equivalent professional qualification is an advantage
SME system knowledge in multiple ERPs (example: Oracle E1, SAP) and collection software (CForia) is essential to perform this role effectively and efficiently
Typically 10+ years of experience in a credit or collection function and 2+ years of management experience.
Excellent digital literacy and knowledge of the Microsoft Office software is required (Outlook, Excel, PowerPoint, etc.)
At Thermo Fisher Scientific, each one of our 100,000 extraordinary minds has a unique story to tell. Join us and contribute to our singular mission - enabling our customers to make the world healthier, cleaner and safer.
Thermo Fisher Scientific is an EEO/Affirmative Action Employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability or any other legally protected status.
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