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Credit and Collections Manager - King of Prussia, United States - Timken
Description
What Timken makes possible begins with you.Those who came before us helped land a man on the moon, create the world's infrastructure, and introduce renewable energy alternatives.
Now you can join the Timken team to write your own unique story and help drive what's next.
A career at Timken means you can have an immediate impact doing Work That Matters to the world- improving the efficiency of today's industrial equipment and preparing for the future of motion on our planet and beyond.
New employees can start contributing right away, and there are many opportunities to advance your career at your own pace.
Join our global team of 20,000 people in 46 countries, and start helping our customers push the limits of what's possible in their world of motion.
Timken's Philadelphia Gear brand has a current opening at their headquarters in King of Prussia, PA for a Credit and Collections Manager .
This position is responsible for leading and overseeing the credit and collections function for the reporting entities under the Timken Power Systems reporting group.
Essential Responsibilities:
Oversee business account receivable segment collections and credit management/ analysis
Establish and maintain policies and procedures regarding billing, collections, credit cards, inquiries, and check cashing
Approve and extend lines of credit to both domestic and international customers
Work to reduce account delinquency and improve DSO
Perform daily risk management assessment
Keep up to date with industry trends and recommend strategic changes for internal processes and 3rd party products
Review invoicing to make sure consistent with customer PO/contracts
Authorize special payment terms of sale to minimize risk and maximize cash flow
Participate in frequent contact with international and domestic customers, sales, and operations to resolve collection issues
Maintain bank relationships for international transactions
Provide international customers with necessary information to facilitate payment
Maintain compliance with government export regulations
Maintain and reconcile government billings
Provide functional expertise
Manage 2accounts receivable direct reports
Lead and develop team's communication skills, productivity, and overall accounts receivable knowledge.
Key Attributes:
Anticipates internal customers' needs and delivers services or products to meet customers' requirements
Understands the complexity of the global business environment
High level oral and written communication skills
Accomplishes objectives and delivers planned results; is able to get results when unplanned needs or problems occur
Proactive leader that is able to guide and coach direct reports
Ability to analyze/ resolve complex issues
Strong attention to detail
Effective and timely communication
Basic Qualifications:
Bachelor's degree in accounting or business-related field with a Minimum of 10years of collections and billing experience, 12years preferred
Experience with letters of credit and other tools to mitigate risk with international credit
Proficient at multitasking and prioritization for both self and direct reports
Strong internal customer service skills
Strong user of Microsoft Office suite, particularly Excel
Experience working in an ERP system required, knowledge and understanding of EPICOR preferred
All qualified applicants shall be treated equally according to their individual qualifications, abilities, experiences and other employment standards.
There will be no discrimination due to gender or gender identity, race, religion, color, national origin, ancestry, age, disability, sexual orientation, veteran/military status or any other basis protected by applicable law.
The Timken Company designs a growing portfolio of engineered bearings and industrial motion products that improve the reliability and efficiency of global machinery and equipment to move the world forward.
Why Choose Timken?
Over a century of knowledge and innovation
A culture of top performance
A global, diverse environment
Products that contribute to a sustainable world
A conviction to improve communities around us
Competitive salary and benefits
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Nearest Major Market:
Philadelphia
Job Segment:
Accounts Receivable, Bank, Banking, ERP, Collections, Finance, Technology
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