Accounts Receivable Analyst en Harvest Hill Beverage Company

About Harvest Hill:

Harvest Hill Beverage Company is one of the nation’s largest branded beverage producers, delivering consistent annual revenue growth, with sales of just over $1 billion. Our portfolio of iconic brands includes SunnyD®, Juicy Juice®, Veryfine®, Fruit2O®, Little HUG®, Daily’s Cocktails®, and Nutrament®.  We manufacture, market, and distribute across multi-channels including Grocery, Mass Merchandisers, Warehouse Clubs, Convenience, Foodservice, and Liquor Distributors.     

Harvest Hill is headquartered in Stamford, CT with a nationwide network of manufacturing and distribution facilities and over 1,000 employees in the United States.  Harvest Hill is owned by Castillo Hermanos, a family-owned international beverage and food manufacturer based in Guatemala.  Castillo Hermanos has a presence in more than 35 countries and a portfolio of upwards of 75 brands, including Cerveza Gallo® (marketed as Famosa® Beer in the United States), Raptor®, and Del Frutal®.  For more information, visit harvesthill.com and castillohermanos.global.

Position Summary:  

The Accounts Receivable Analyst role provides analytical expertise in managing customer portfolios to ensure receivables are paid within terms of sale. The role also ensures that deductions are identified and resolved within established timeframes and corporate guidelines. The Accounts Receivable Analyst works to prevent future deductions by performing root cause analysis and identifying process improvements and other solutions. This role is responsible for developing, supporting, and reporting key performance indicators as well as supporting the development and execution of cash operations strategies, projects, and initiatives. 

Primary Position Responsibilities: 

Portfolio Reporting and Analysis: 30%

• Analyze and communicate Customer and HHBC driven behaviors causing accounts receivable issues to include deduction activity and past due payment trends.
• Develop effective working partnership with customers, brokers and internal HHBC counterparts to identify and resolve noncompliant behavior/issues.
• Conduct business reviews on a periodic basis. May be customer facing or through teleconference.
• Utilize statistical methods to analyze customer payment behaviors and deduction trends, identifying patterns affecting accounts receivable.
• Utilize quantitative methods to analyze customer payment patterns and deduction trends, focusing on numerical metrics such as aging analysis and cash flow forecasting.
• Actively participate on project teams as a part of the Customer Operations and Cash Operations organization to drive continuous improvements throughout the business. 
   
   

Accounts Receivable & Deduction Management: 70% 

• Manage payment performance of customer(s) within HHBC terms of sale, policies, and procedural guidelines.
• Perform prompt collection of past due receivables.
• Accurately identify, validate, and clear customer deductions according to established business processes and timelines, and within corporate guidelines.
• Perform prompt identification and collection of invalid deductions.
• Reduce incoming deductions by identifying process improvement opportunities. Initiate/Drive the reduction by engaging and utilizing support of appropriate internal and external stakeholders.
• Quantify and analyze payment performance metrics against HHBC terms of sale, identifying trends in past due receivables and developing numerical benchmarks for timely collections.
• Utilize statistical analysis to validate and clear customer deductions promptly, ensuring an efficient collection of invalid deductions

Required Qualifications:

• BS/BA degree (or equivalent work experience)
• Demonstrated analytical and problem-solving skills
• Ability to work independently, creatively, and efficiently with minimal direction in an unstructured environment
• Strong planning and organization skills: ability to establish work plans, multi-task, and prioritize simultaneous projects
• Thorough and detail oriented
• Strong listening, verbal and written communication skills
• Advanced experience using Microsoft Windows, Excel and Word

Desired Qualifications:

• High proficiency with computer systems and enterprise software
• Experience in identifying, initiating and driving improvements to processes and work streams
• Energy, enthusiasm, commitment, courage, and entrepreneurial excitement