Prysmian Group

Credit/Collections Lead

Prysmian Group$75K — $95K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in accounting or finance preferred
  • 5-7 years experience in cash application and credit analysis
  • Supervisory experience is a plus
  • Proficient in SOx compliance and accounting software, preferably NetSuite
  • Strong organizational skills and task prioritization abilities

Responsibilities

  • Oversee billing, credit, collections, and commission processes
  • Act as a liaison for sales, IT, and customer credit issues
  • Manage a large collection portfolio and oversee return/refund processes
  • Evaluate credit worthiness and conduct reviews of customers and orders
  • Prepare credit memo analyses and maintain resale certificates
  • Collaborate with sales to manage credit holds effectively
  • Update credit limits and revise cash application policies as needed

Benefits

  • Flexible work schedule with potential for overtime
  • Connectivity outside of work hours for team collaboration
  • Opportunity to work closely with multiple departments
  • Potential for professional growth in a supervisory role
  • Engagement with advanced accounting software and practices
Full Job Description
Lead - Credit & Collections

Essential Job Functions:
  • Oversee processing of billing, credit and collections and commission deduction/payback processes
  • Act as a liaison between sales, IT, shipping and customer's on key credit issues
  • Maintain a large portfolio of collection accounts
  • Process returns / refunds as material is received and communicate the necessary offsets if applicable
  • Monitor sales quote holds

Key Responsibilities and Accountabilities:
  • Evaluate the credit worthiness of potential orders and potential customers periodically; conduct periodic reviews of existing customers
  • Prepare credit memo analysis
  • Maintain all resale certificates and updated as needed
  • Ensure adjustment packets are completed properly
  • Collaborate with the sales & management to facilitate necessary credit hold process
  • Updates and manages the credit limits as needed
  • Maintain and revise - when necessary - cash application policies and procedures to ensure changing business requirements and best practices are met
  • Research and resolve customer payment discrepancies and unidentified bank deposits
  • Perform customer payment/account reconciliations
  • Maintain master data for all customers
  • Review and approve refund requests received from the collections / customer service
  • Perform related duties as assigned

Minimum Requirements:
  • Proven work experience as an Accounts Receivable & Collection professional
  • Able to work a full time schedule; able to work overtime as needed & have connectivity outside of work
  • Accurate and professional written and verbal communication skills
  • A team player willing to assist when needed to improve existing and over-all performance within and outside of our department


Skills and Abilities:
  • Bachelor's degree, preferably in accounting or finance
  • Minimum of 5-7 years with cash application, credit analysis & comprehension of credit reports
  • Supervisory experience preferred
  • Strong organizational skills required, specifically task prioritization and effective time management
  • Experience with SOx compliance's
  • Advanced mathematical and excel skills
  • Excellent analytical, problem solving, organizational, people, and multi-tasking skills
  • Focused attention to detail to perform timely and accurate reporting
  • Advanced knowledge of accounting software (NetSuite experience preferred)

About Prysmian Group

Prysmian Group is a world leader in the energy and telecom cable systems industry. With almost 140 years of experience, sales of over €11 billion, and about 29,000 employees in over 50 countries and 112 plants, the Group is strongly positioned in high-tech markets and offers the widest possible range of products, services, technologies and know-how. It operates in the businesses of underground and submarine cables and systems for power transmission and distribution, of special cables for applications in many different industries and of medium and low voltage cables for the construction and infrastructure sectors.
Learn more about Prysmian Group
Size
29,000 employees
Industry
Founded
1905

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