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Xylem is a Fortune 500 global water solutions company dedicated to advancing sustainable impact and empowering the people who make water work every day. As a leading water technology company with 23,000 employeesoperating in over 150 countries, Xylem is at the forefront of addressing the world's most critical water challenges. We invite passionate individuals to join our team, dedicated to exceeding customer expectations through innovative and sustainable solutions.
Job Summary:
The Entry Accounts Payable and Receivable Analyst’s role is crucial for maintaining accurate financial records, efficient payment processing, and effective communication with vendors and customers. As an integral part of our organization, this role will contribute directly to our financial health with guidance and direction from others.
Responsibilities
Accounts Payable (AP):
Invoicing and Payment Processing:
• Process invoices from vendors, verifies their accuracy, and ensures timely payment.
• Enters invoice details into the accounting system, assign appropriate codes, and prepare for payment.
Check Runs and Electronic Transfers:
• Organize weekly check runs, electronic funds transfers, and ACH payments to ensure vendors receive payments promptly.
Reconciliation:
• Reconciles accounts payable transactions, identifying and resolving discrepancies promptly.
Accounts Receivable (AR):
Invoicing Customers:
• Generates and sends invoices to customers for goods or services provided by the company.
• Payment Follow Up:
• Closely monitor outstanding payments, follow up with customers, and ensure timely collections.
Discrepancy Resolution:
• If there are discrepancies or disputes related to payments, the analyst investigates and resolves them efficiently.
Data Analysis:
• Utilizes AP/AR data to identify trends, inefficiencies, and opportunities for process improvements or cost savings.
• Generate reports on collections, account ages, and other relevant metrics, providing valuable insights to management.
Credit Assessment:
• Assess customer credit history, determines credit risk, and recommends appropriate credit limits and payment terms.
Process Improvements:
• May recommend enhancements to accounts payable/receivable processes to streamline operations.
High Impact Behaviors:
• Continuous Professional Development: Professionals should be committed to lifelong learning, seeking out opportunities for self improvement, and staying abreast of industry trends and best practices.
• Collaboration and Teamwork: Effective professionals understand the value of collaboration. They work well with others, contribute to team goals, and understand that diverse perspectives can lead to better solutions.
• Results Driven Performance: High performing professionals focus on delivering results. They set high standards for their own performance and are committed to achieving objectives efficiently and effectively.
Qualifications:
• A bachelor’s degree in accounting, finance, business administration, or a related field or equivalent 2-3 years of work experience that provides exposure to fundamental theories, principles, and concepts..
• Practical experience in accounting or billing.
Preferred Qualifications
• Certifications such as the Certified Accounts Payable Professional (CAPP) or Certified Accounts Receivable Professional (CARP).
Skills:
• Strong mathematical skills and proficiency in accounting software.
• Attention to detail, strong problem solving, and analytical skills.
• Experience with ERP systems and Microsoft Office, especially Excel and Word.
Join the global Xylem team to be a part of innovative technology solutions transforming water usage, conservation, and re-use. Our products impact public utilities, industrial sectors, residential areas, and commercial buildings, with a commitment to providing smart metering, network technologies, and advanced analytics for water, electric, and gas utilities. Partner with us in creating a world where water challenges are met with ingenuity and dedication; where we recognize the power of inclusion and belonging in driving innovation and allowing us to compete more effectively around the world.
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