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Factoring Analyst

Job Requisition ID:  43749

 

Eastman’s current hiring policy encourages and prefers new hires be fully vaccinated before reporting to work in this role when possible. 

 

Founded in 1920, Eastman is a global specialty materials company that produces a broad range of products found in items people use every day. With the purpose of enhancing the quality of life in a material way, Eastman works with customers to deliver innovative products and solutions while maintaining a commitment to safety and sustainability. The company’s innovation-driven growth model takes advantage of world-class technology platforms, deep customer engagement, and differentiated application development to grow its leading positions in attractive end markets such as transportation, building and construction, and consumables. As a globally inclusive and diverse company, Eastman employs approximately 14,000 people around the world and serves customers in more than 100 countries. The company had 2021 revenues of approximately $10.5 billion and is headquartered in Kingsport, Tennessee, USA. For more information, visit www.eastman.com.

 

This is a wonderful opportunity to grow your career in a collaborative and fast paced team environment!

 

Responsibilities

This role can be performed either remotely or at the Kingsport Corporate Office.

 

The Factoring Analyst is assigned to Treasury/Global Credit and reports directly to the Global Process Excellence Manager. The role serves as a global resource on Financial Instruments programs (Accounts Receivable Factoring, Supply Chain Financing, etc.) to internal and external partners (Director Global Credit, Commercial Team, Third Party Service Providers, etc.). Key deliverables include manage the execution of assigned programs to ensure compliance with accounting and legal requirements. Provide decision support to Treasury Leadership to achieve Corporate Working Capital goals.  

 

Responsibilities:

 

  • Manage Global Accounts Receivable Factoring and Supply Chain Finance programs to support Corporate Working Capital goals.
  • Execute day to day activities such as preparing offer files, reconciliations, and other reports as needed.  
  • Interface and manage third party service provider relationships and provide expected deliverables for assigned programs.
  • Assess program portfolio and advise on available capacity based on outstanding A/R and payment terms.
  • Analyze Supply Chain Finance programs and offer recommendations.
  • Prepare forecasts based on customer payments, receipts, balances and program capacity.
  • Read and interpret legal agreements from an operational perspective.
  • Support special projects, including systems enhancements, as needed.    

Qualifications

 

Functional Skills and Capabilities:

 

  • Understanding of Accounting Principles, Credit, Accounts Receivable and Cash Application.
  • Extremely detailed oriented, curiosity, strong critical thinking, and problem-solving skills.
  • Proficient in Excel and financial analysis.
  • Effective verbal and written communication skills. Able to explain complex information clearly and concisely.  
  • Strong project management and technical skills.
  • High level of initiative and good judgement.
  • Ability to work with different personalities, cultures, and levels of management.

 

 

 Required Education and/or Experience: 

 

  • Bachelor's degree (required), preferably in Accounting or Finance.
  • Experience with SAP (or similar ERP system).
  • Experience with Credit or Cash Application.
  • Experience participating in software program development projects (preferred).
  • Experience with Accounts Receivable Factoring, Supply Chain Financing, or other financial instruments (preferred).
  •  

Eastman Chemical Company is an equal opportunity employer.  All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other characteristics protected by law.

Eastman is committed to creating a powerfully diverse workforce and a broadly inclusive workplace, where everyone can contribute to their fullest potential each day.


Nearest Major Market: Asheville
Nearest Secondary Market: Knoxville

Job Segment: Accounts Receivable, Supply Chain, Compliance, Project Manager, Supply, Finance, Operations, Legal, Technology