Accounting Manager - Transactional Services
Job Posting Location: Racine, WI
Posting Start Date: 8/21/26
Req Id: 9746
Required Travel: 0 - 10%
Remote, Onsite or Hybrid?: Hybrid
Position DescriptionThis leadership position oversees all accounting related to Accounts Payable and Credit & Collections for Performance Technologies' North American business. Responsibilities include staff supervision, process oversight and improvement, credit risk analysis and accounting control compliance. Our transactional environment is housed in SAP and features multiple ancillary software applications. This role interacts with many internal and external customers, and requires effective communication across multiple levels of the organization.
Key Responsibilities- Lead and mentor transactional staff of roughly seven people (four of which are direct reports)
- Drive continuous improvement of A/R and A/P processes and tools
- Ensure compliance with documented accounting controls
- Oversee new and existing customer credit limits and payment terms:
- Analyze creditworthiness through use of credit rating reports, credit applications, purchase order reviews, and company financial statement analysis
- Minimize bad debt losses through effective credit limit and payment term management
- Collaborate with commercial teams to facilitate sales growth while mitigating credit risk
- Initiate credit holds, letters of credit and cash-in-advance credit terms when appropriate
- Coordinate customer aging reviews and corrective action plans. Lead root cause analysis and remediation of any process deficiencies driving aged receivables.
- Drive resolution of customer payment discrepancies through collaboration with Sales, Warranty, MP&L and others as appropriate
- Oversee the bad debt reserve and write-off processes
- Maintain A/R sub-ledger system in SAP, including testing and approval of software upgrades in cooperation with Information Technology
- Coordinate monthly closure of A/R and A/P modules in SAP
- Ensure proper ledger activity and month-end balances relating to A/R and A/P
- Prepare accurate and timely customer collection forecasts and analysis
- Monitor Accounts Payable transaction flows and troubleshoot constraints
- Oversee SAP invoicing process for intercompany sale transactions
- Monitor and control vendor master data changes
Required Education & Qualifications- Bachelor's Degree in accounting or finance or equivalent experience.
- 7+ years of relevant experience in a transactional environment
- Management experience preferred
- SAP experience preferred
- Outstanding verbal and written communications skills
- Excellent interpersonal and facilitation skills; high level of professionalism
- Disciplined self-starter with solid organizational skills and ability to multi-task
- Proficient in Microsoft applications (Word, Excel, PowerPoint, Outlook)
Why Choose Modine? Health & Well-being:- Day One
- Competitive health, dental & vision insurance coverage
- Employee Assistance Program
- After 90 days of continuous employment
- Maternity Leave (12 weeks at 100% pay)
- 8 weeks of short term disability leave paid at 100%
- 4 weeks of paid parental leave paid at 100%
- Paternity Leave (4 weeks at 100% pay)
Financial Benefits:- 401k Retirement plan and company paid match
- Life Insurance
- Health Savings Account (HSA) with employer contribution
- Flexible Spending Accounts (FSA)
- Short Term Disability (company paid)
- Long Term Disability
Work-Life Balance:- Competitive time-off policies
- Tuition Reimbursement
To view full benefits information: MyModine Benefits
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This position is not eligible for any form of sponsorship (e.g. OPT or H1B visa status) now or in the future. Only individuals authorized to work in the United States now and for the foreseeable future will be considered for this position.
