Credit and Collections Analyst

ACCA Careers; Taguig; On-site; PHP 300,000 - 520,000; Full time

Job summary

Abbott Rapid Diagnostics seeks a Credit & Collections Analyst to manage a complex aged AR portfolio, focusing on credit memos, reconciliations, and legacy balance cleanup in a low-automation environment.

You will collaborate with Billing, Operations, and Cash Application to resolve root causes, apply memos to invoices, and ensure accuracy of customer balances while upholding HIPAA and data integrity.

Qualifications

• Bachelor’s/Associate degree in Business, Finance or Accounting.
• 3–5+ years of experience in aged or legacy AR portfolios, account reconciliation or cleanup initiatives.
• Experience in manual or low-automation environments.

Responsibilities

• Manage a portfolio of aged AR balances and complex accounts.
• Analyze and apply credit memos to reduce aging and clear balances.
• Perform account-level reconciliations to validate true customer balances.
• Investigate legacy balances and decide actions: offset, collect, escalate or write-off.
• Develop segmented resolution strategies for AR cleanup.
• Collaborate with Billing, Operations and Cash Application to resolve root causes.
• Ensure alignment between account status and financial balances; document findings clearly.

Skills

Analytical skills

Account reconciliation

Advanced Excel

Independent work

Problem solving

Discrepancy resolution

Cross-functional collaboration

Attention to detail

Communication

Ownership mindset

Time management

Education

College degree in Business/Finance/Accounting

Tools

Excel

Job description

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, escalat 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-Cash processes.
• Knowledge of credit memo and invoice lifecycle
• Experience in healthcare or diagnostics environment (preferred)
• Familiarity with HIPAA, data integrity and financial controls.