Accounts Receivable Analyst (New Joint Venture)
$74.64k - $91.23k3M Co
Job Title – Accounts Receivable Analyst (New Joint Venture) Company Overview: 3M announced a definitive agreement with Bain Capital to form a new joint venture combining Scott Safety and Madison Fire and Rescue. The transaction is expected to close in the second half of 2026, after which the role may transition to the joint venture. The position may be employed by 3M prior to closing and the timing is subject to business needs and successful transaction close. Position Summary The Accounts Receivable Analyst is responsible for accurate billing, cash application, and monitoring of customer receivables to support strong cash flow and financial controls. This role plays a key part in the Order-to-Cash process, ensuring timely invoicing and reliable financial reporting. What You’ll Do Generate and review customer invoices to ensure accuracy, timeliness, and compliance with company policies and contractual terms. Apply customer payments (ACH, wire, check, lockbox) accurately in the ERP system; investigate and resolve unapplied cash and discrepancies. Maintain the receivable subledger accounts and ensure alignment with the general ledger through regular reconciliations. Monitor AR aging and proactively manage collections activities, following up on past-due balances to drive timely resolution and improved cash flow. Work with customer service to resolve overdue accounts, short payments, and disputes while building strong relationships to support effective collection outcomes. Reconcile customer accounts by verifying invoices, payments, credits, and adjustments; investigate and resolve discrepancies between customer and internal records. Partner cross-functionally with Sales, Customer Operations, and Finance to resolve billing issues, disputes, and improve Order-to-Cash performance. Prepare and analyze AR aging, collections, and cash flow reports; identify trends, risks, and accounts requiring escalation. Support month-end close activities, including reconciliations, bad debt analysis, and documentation for audit and compliance requirements. Identify opportunities to improve AR processes, systems, and controls while maintaining accurate records of collections activity and supporting audit requirements. Responsibilities of this position include complying with corporate policies, procedures and security standards while performing assigned duties. Your Skills And Expertise To set you up for success in this role from day one, 3M requires (at a minimum) the following qualifications: Bachelor’s degree or higher in Finance, Accounting or Business (completed and verified prior to start) Minimum of two years of experience in accounts receivable or general accounting in a private, public, government or military environment Additional qualifications that could help you succeed include: Understanding of Order-to-Cash processes Experience working with ERP systems (e.g., SAP, Oracle, Workday, or similar) Experience in a manufacturing, industrial, or B2B environment Exposure to credit, collections, or revenue-related accounting Strong Excel skills Experience supporting audits or internal controls Strong attention to detail and organizational skills Location, Travel and Work Conditions This role follows an on-site working model at the Monroe (Charlotte), North Carolina 3M location. Travel may include up to 10% domestic/international. Relocation Assistance: Is Not Authorized. Must be legally authorized to work in the country of employment without sponsorship for employment visa status (e.g., H1B status). Benefits 3M offers a competitive compensation package. The expected compensation range is $74,644 - $91,231, which includes base pay plus variable incentive pay. Additional benefits may include Medical, Dental & Vision, Health Savings Accounts, Health Care & Dependent Care Flexible Spending Accounts, Disability Benefits, Life Insurance, Voluntary Benefits, Paid Absences and Retirement Benefits. More information: EEO Statement 3M does not discriminate in hiring or employment on the basis of race, color, sex, national origin, religion, age, disability, veteran status, or any other characteristic protected by applicable law. #J-18808-Ljbffr 3M
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