JOB DESCRIPTION At Zimmer Biomet, we believe in pushing the boundaries of innovation and driving our mission forward.
As a global medical technology leader for nearly 100 years, a patient's mobility is enhanced by a Zimmer Biomet product or technology every 8 seconds.As a Zimmer Biomet team member, you will share in our commitment to providing mobility and renewed life to people around the world.
To support our talent team, we focus on development opportunities, robust employee resource groups (ERGs), a flexible working environment, location specific competitive total rewards, wellness incentives and a culture of recognition and performance awards.
We are committed to creating an environment where every team member feels included, respected, empowered, and recognized.ITC Specialist Job SummaryResponsible and accountable to provide finance analytics, reporting and issue resolution for GBS supporting Accounts Receivables.
The position has responsibility for the timely and accurate reporting of metrics, various calculation of accruals and reserves (ie bad debt) and support the resolution of discrepancies and issues, preparation of account reconciliations and resolutions of differences.
Participate in process improvement projects.Principal Duties and Responsibilities:Accounts Receivables:Prepare monthly calculations of Bad debt for various business units and provide analysisCalculate monthly DSO performance by customerPrepare various Accounts Receivables standard and Metrics reports on a timely basisSupport month end closing activitiesPrepare monthly Accounts Receivables Account Reconciliations on a timely basis.
Investigate and resolve any reconciling discrepancies.
Provide recommendations to management.Provide operational and management support on Cash Application, Collection Management, Credit Management including debt and dispute issue resolution.
Month-end reporting and reconciliation including open AR clearing, and bad debt and provision analysis.General:Prepare and analyze monthly metrics and SLAs for Accounts Receivables, perform root cause analysis to remediate any process delivery issuesSupport internal and external audits and provide documentation as requiredWorking closely with Management to support SOX Controls, Risk assessments and remediationsPerform Productivity AnalysisMaintain Customer Master Data according to ZB policies and guidelines incl.
annual scrubbing processPerform ad-hoc reporting and provide analysis to managementWork closely with IT department highlighting and resolving issues impacting GBS ITCPartner with Sourcing, Treasury, Sales, Marketing, Operations and other groups to provide financial details and coordinate the resolution of open issues and other particularities.
Support GBS Management with the implementation of process enhancements and performance improvements.
Includes improving the quality and timing of recording transactions, leveraging systems to provide greater visibility of financial information and automating processes to reduce manual effort.
Support Management with various projects, identification, development and implementation of continuous process and service improvement initiatives.This is not an exhaustive list of duties or functions and might not necessarily comprise all of the essential functions for purposes of the Americans with Disabilities Act.Expected Areas of Competence (i.e., knowledge, skills and abilities)Very strong analytical skills and strong understanding of accounting principles, Solid understanding Accounts Receivables and Compliance risk processes an advantageStrong forward and process thinking skills and good understanding of system functionalities Strong Communication skills (oral and written)Exhibits a high level of attention to details.Highly motivated, self-starter willing to deliver results and meet strict deadlines Positive attitude, proactive and flexible.
Good organization skills and problem solving skills.Good interpersonal and collaboration skillsAbility to deal with competing priorities and projects and work under time pressureVery strong skills with Microsoft products (Excel, Word, Powerpoint), particularly Excel requiredKnowledge of information systems and their application to Accounts Receivable (Esker, SAP, etc.
)Education/Experience RequirementsBachelor degree in accounting, finance or related field.
Minimum of 3-5 years of experience required in finance or accounting.Previous experience working in a Shared Services/GBS environment an advantageAdvanced English Language skills is a must, additional language skills in the APAC region is preferred (Thailand or Mandarin)Travel RequirementsUp to 10%
