Accounts Receivable Analyst (New Joint Venture)

Job Description:

Job Title – Accounts Receivable Analyst (New Joint Venture)

Collaborate with Innovative 3Mers Around the World

3M announced that it has entered into a definitive agreement with Bain Capital to form a new Joint Venture which will combine Scott Safety and Madison Fire and Rescue. 3M's deep expertise and track record in the safety industry combined with Bain Capital's capability to integrate businesses, accelerate growth and drive synergies make this an ideal partnership.

The transaction is expected to close in the second half of 2026, subject to customary closing conditions.

The successful candidate may be employed by 3M prior to closing and the position is expected to transition to the Joint Venture following completion of the transaction. Role scope and timing are subject to business needs and successful transaction close.

For more information, please refer to the press release: 3M to create a leading fire and safety business; acquires Madison Fire & Rescue and combines with Scott Safety - Mar 19, 2026

This position provides an opportunity to transition from other private, public, government or military experience to a 3M career.

The Impact You’ll Make in this Role
 

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, ensures timely invoicing and reliable financial reporting. 

What You’ll Do 

• Key Responsibilities 

  • 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 a