This role assumes primary responsibility for credit and collections company wide. This will include analyzing and assessing customer creditworthiness, recommending credit limits, resolving billing issues and ensuring the collection of invoices in a timely manner. Overall objective is to minimize accounts receivables.
Daily review and release of orders on credit hold upon confirming appropriate account status.
Ensure all accounts receivable (A/R) are current. Research and resolve all discrepancies and past due items in a timely manner.
Proactive contact with customer via phone & email to resolve disputes in a professional manner that maintains or improves customer relationship
Ensure proper support for all credit memos, adjustments, write-offs, etc.
Perform credit evaluations on new & existing customers as necessary to ensure credit files include current financial information and risk profiles are understood.
Oversee daily cash application process in SAP to ensure accuracy
Prepare monthly bad debt reserve calculation
Leverage SAP credit module to improve credit monitoring & reporting
Forecast cash receipts in support of monthly cashflow forecast
Respond to various customer inquiries, credit references, etc.
Maintain a helpful and friendly working relationship with fellow employees.
Comply with all applicable customer and ISO/TS16949 requirements.
Perform other duties as assigned.
Education: Bachelor’s Degree in Finance or Accounting. MBA is preferred.
Experience: 5-7+ years in a Finance role within a manufacturing environment.
Experience: 2 plus years with credit and collections.
Prior management experience preferred
Excellent problem-solving and analytical abilities
Strong organizational, verbal, written and critical thinking skills.
Strong technology skills: Excel, SAP, credit systems, etc.
Excellent attention to detail.
Initiative and ability to research and resolve issues
Ability to articulate complex matters in a succinct manner
Ability to interact in a personable, professional, and courteous manner to all.
Maintenance of Mytex information in a confidential manner.