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Junior Credit & Collections Analyst - Job Opportunity at Abbott Laboratories

Dublin, Ireland
Full-time
Entry-level
Posted: April 10, 2025
On-site
EUR 35,000 - 45,000 per year based on Dublin market rates for junior financial analysts in shared services centers

Benefits

Comprehensive private health insurance with family coverage - above market standard
Premium pension scheme with exceptional employer contribution rates
Performance-based bonus structure
Enhanced life assurance coverage
Extensive professional development programs
Global mobility opportunities within Abbott network

Key Responsibilities

Lead data-driven credit risk assessment and management processes for EMEA region
Develop and implement automated solutions for OTC process optimization
Execute strategic cash collection forecasting and reporting for quarterly business planning
Partner with senior stakeholders to drive financial control improvements
Manage third-party vendor relationships for cash application processes
Conduct in-depth financial analysis for bad debt reserves and accounts receivable

Requirements

Education

BS degree related Finance, Business, or Accounting

Experience

At least 1/2 years of experience in finance within a complex global organization

Required Skills

SAP and ERP systems expertise Advanced Microsoft Office Suite proficiency PowerBI knowledge Data analytics capabilities Data visualization skills Strong understanding of SAP Controlling organizational structure AI experience (desirable) English fluency

Certifications

Qualified Accountant (preferred)
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Sauge AI Market Intelligence

Industry Trends

Healthcare financial services are experiencing rapid digital transformation, with increasing focus on automation and AI-driven analytics for credit management Shared services centers are evolving from cost centers to value-adding strategic hubs, particularly in EMEA regions Growing emphasis on real-time financial data analytics and predictive modeling in credit risk assessment

Role Significance

Likely part of a 15-20 person OTC team within larger shared services organization of 100+ professionals
Entry-level position with significant exposure to senior stakeholders and strategic financial processes, indicating strong development potential

Key Projects

Implementation of automated credit assessment systems Development of predictive cash collection models Process standardization initiatives across EMEA region Integration of AI/ML tools in financial operations

Success Factors

Strong analytical capabilities combined with business acumen Ability to manage multiple stakeholders across different cultures and time zones Technical proficiency in financial systems and data analysis tools Proactive problem-solving mindset with focus on process improvement

Market Demand

High demand with strong growth trajectory due to expansion of shared services operations in Ireland and increasing complexity of healthcare financial operations

Important Skills

Critical Skills

Data analytics and visualization abilities essential for modern financial operations SAP/ERP system knowledge crucial for process efficiency Communication skills vital for stakeholder management across regions

Beneficial Skills

AI/ML knowledge becoming increasingly valuable for process automation Additional European languages beneficial for career growth Project management capabilities important for process improvement initiatives

Unique Aspects

Opportunity to work in EMEA financial hub of a global healthcare leader
Early exposure to advanced financial technologies and automation initiatives
Strong focus on professional development and internal mobility

Career Growth

2-3 years in current role before progression, with accelerated advancement possible based on performance and automation initiatives

Potential Next Roles

Senior Credit Analyst Team Lead - Order to Cash Financial Analytics Manager Business Process Improvement Specialist

Company Overview

Abbott Laboratories

Abbott Laboratories is a global healthcare leader with over 109,000 employees and significant presence in Ireland since 1946

Top-tier healthcare company with strong financial performance and continued growth in shared services operations
Strategic EMEA financial hub in Dublin supporting operations across multiple countries and divisions
Professional, innovation-focused environment with emphasis on continuous improvement and global collaboration
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