AR Analyst (US)
LyondellBasell
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- AR Analyst (US)
- Location:
Poznań, PL, 61-569
- Req ID: 91183
- Facility: POZNAN-6731
- Department: AR & Invoicing North America POZ
- Division: Finance
LyondellBasell is a leader in the global chemical industry creating solutions for everyday sustainable living. With a nearly 70-year legacy that includes a Nobel Prize in Chemistry and our proprietary MoReTec recycling technology, LYB is enabling a more sustainable future for generations to come. LYB develops high-quality and innovative products for applications ranging from sustainable transportation and food safety to clean water and quality healthcare. LYB places high priority on diversity, equity and inclusion and is Advancing Good with an emphasis on our planet, the communities where we operate and our future workforce. We're addressing the global challenges of ending plastic waste, taking climate action, and supporting a thriving society, while generating value for our customers, investors, and society.
Come Join an Inclusive Team
- The AR Analyst position will report directly to the AR Team Lead/ Supervisor in Poznań SSC structure.
- Accounts Receivable Analyst will be responsible for maintaining a company’s financial accounts with incoming cash related to customer payments, duties include billing activities, rebates and commission calculations, resolving customer payment discrepancies and follow up/researching internal stakeholders requests.
- The AR Analyst will be responsible for timely and accurate preparation of AR related Account Reconciliations and support to Internal and External Audit as required, as well as analyze AR performance indicators, identify operational trends, and support implementation of corrective actions to improve performance.
- The AR Analyst should develop the relationship with business partners such as the Global Credit, Supply Chain, Sales, Tax and propose improvements to AR KPI’s, discuss issues at internal meetings to ensure alignment and manage expectations of internal customers.
- A Day in the Life
- Analyze daily items that remain unposted or uncleared during the automated cash application process and propose solutions to improve accuracy, performance, and automation.
- Ensure timely application of auto bank transactions, identify chargebacks and discount allowances, and post necessary A/R adjustments.
- Monitor billing invoice due lists, proactively address issues, and ensure resolution of customer queries prior to month end close.
- Run control reports related to billing and cash receipts, ensuring data accuracy and completeness.
- Issue invoices, perform cancellations and rebills, and process credit/debit notes upon request from Customer Service.
- Record journal entries for miscellaneous third party invoices and ensure appropriate documentation is maintained.
- Prepare global AR account reconciliations, analyze open and aged items, report reconciling items per policy, and follow up with responsible parties to resolve discrepancies.
- Review rebate agreements, prepare rebate proposals, post manual accruals, and issue approved credit notes.
- Collaborate with Sales and Business/Marketing to align on complex rebate arrangements.
- Monitor commission balance sheet accounts, analyze variances between accruals and payouts, and initiate commission payment proposals in accordance with contractual terms.
- Provide quarterly support to external auditors, including SOX and revenue recognition audits.
- Maintain strong knowledge of AR systems and processes to ensure effective execution of daily activities.
- Support automation tools and propose improvements to existing automation processes to drive efficiency and best AR outcomes.
- Support user acceptance testing and implementation of process or system enhancements impacting AR operations.
- Coordinate with team members to ensure adherence to AR process documentation, work instructions, and activity lists, and review monthly AR KPI dashboards to identify low automation rates or billing timeliness issues, partnering with SMEs on root cause analysis and action plans.
- You Bring This Value
- Bachelor’s degree is preferred, or 2–3 years of relevant experience and/or training, or an equivalent combination of education and experience.
- Background in Finance, Accounting, or related fields is considered an asset.
- Experience working in a global, fast paced, dynamic, and deadline driven environment.
- Ability to multitask effectively and meet aggressive deadlines.
- Working knowledge of GAAP frameworks (US GAAP, IFRS, and local accounting standards), and ability to apply accounting guidance in operational scenarios.
- Experience with internal controls and SOX / 404 requirements is considered an asset.
- Prior experience with SAP is preferred but not required.
- Strong English communication skills, both verbal and written, additional language will be an asset.
- Strong computer skills with proficiency in MS Office Suite, including Word, Excel, Visio, PowerPoint.
- Strong interpersonal and communication skills, essential for working in a diverse and multicultural environment.
- Demonstrated passion for continuous improvement and process optimization.
- Working hours may vary depending on the supported business region. Employees assigned to North American Accounts Receivable activities are required to work service hours between 2:00 p.m. and 10:00 p.m.
- Competencies
- Drive Innovation
- Technical Skills
- Grow Capabilities
- Promote Inclusion
- Motivational Fit
- Build Partnerships
- Deliver Results
- What We Offer
We offer an environment where we encourage personal and professional growth and where you will be rewarded for your performance and results. You will have the possibility to work with specialist on all fields to develop innovative solutions and to extend your national and international network. In addition, we offer you a competitive salary and benefits p