Credit Control Manager
Apply NowCompany: Atlas Copco
Location: Washington, DC 20510
Description:
Quincy is everywhere
Did you know Quincy systems play an important role in our everyday lives? Compressed air is known as the fourth utility for good reason. It's essential for applications from aerospace exploration, food processing and packaging, to oil and gas production and refinement, and everywhere in between. Quincy is everywhere! Quincy Compressor dares to be the leader in the compressed air industry, always breaking boundaries to offer more to our customers across the world.
We are looking for a Credit Control Manager to join our team on our journey for a better tomorrow.
Your role
Your mission as Credit Control Manager is to control and manage all aspects of the credit team. This includes develop and improving operational goals and results of the team while supporting operation teams in maximizing our revenues and minimizing risk. You will report directly to the Vice President of Business Control.
You will direct the formulation, development and implementation of constructive, pro-active and progressive credit policies and procedures.
You will Interpret policies and ensures adherence both in practice and spirit.
You will work closely with the regional and operational teams to ensure maximum sales with minimum credit risk
You will establish the Credit Department's short and long range objectives, goals and plans to maximize cash flow and working capital.
You will review all proposed marketing programs and initiatives that involve non-standard terms of sale, terms discounts or that otherwise impact the quality or collectability / risk factor of our accounts receivable.
You will be responsible for In-house financing coordination, including but not limited to: review, administration, and conduit between Financing house, customer, and our overall risk portfolio.
You will be responsible for determining terms of payment for new accounts.
You will assist in establishing any new payment policy.
You will conduct yearly reviews and analyze all customers requiring credit limits, and make recommendations to the Controller, or higher, for approval following the AR/Credit Policies and Procedures.
You will ensure all audits are passed without any internal issues relating to collections
You will develop and prepare comprehensive weekly, monthly, quarterly and annual reports for management on the status and viability of our accounts receivable portfolio including commentary on trends, concerns and recommendations for future actions.
You will calculate and recommend adequate reserves against potentially uncollectible receivables. Monthly review, report and propose any necessary changes in reserves to the business for delinquent accounts based on Quincy's policy.
You will motivate and retain quality personnel by providing clear expectations and goals, ensuring department members have sufficient training to perform responsibilities, and providing morale feedback and recognition. You will complete all appraisals within The Quincy time scope and guidelines.
You will consult with in-house Legal Department, outside attorneys, and 3rd party collection services in developing legal steps required to minimize credit risk and effect successful collections. You will continually monitor 3rd party vendors to maintain maximum benefits with minimal expense.
You will represent Quincy, maintain contact and participate with credit trade associations, banks and credit reporting services. You will remain current on industry trends, credit and cash policies and portfolios, in addition to changes in law and technology related to the credit profession.
You will continually seek out, evaluate and recommend for development and implementation, any new procedures, systems or technology that can improve productivity and enhance and improve our processes and customer satisfaction. Work with IT to continually tweak and improve both SAP and peripheral software/applications processes.
You will manage staff to include cash application, customer master, credit, and collections. Develop and report on metrics for effectiveness of collection team and cash application accuracy.
You will help with any escalated items that may occur within the department. Counsel and provide training on credit related matters such as financial analysis, cost control and collection techniques to immediate staff, other departments, including sales and marketing, within Quincy.
To succeed, you need
You have a Bachelor's degree in Finance, Accounting, or related Business Field required. Graduate degree preferred.
You have three years experience in Credit Management, Finance, or related operation for sales & service in a business to Business relationship.
You have a good knowledge of commercial law, bankruptcy code and financing instruments.
You have a good understanding of accounting principles, practices and financial statement analysis.
You have supervisory or leadership experience (required).
You have strong financial knowledge and business know-how.
You have tact, common sense and ability to make and stick to sound business decisions
You have excellent people skills for building strong relationships with internal & external customers and colleagues.
You have professional traits: trust, integrity and consistent behavior
In return, we offer
We believe there is always a better way. Open for change and feedback is what defines our culture.
We support you on your journey: individual learning opportunities, world-wide job opportunities, and training.
You will be equipped with a company vehicle, work clothes, and specialty tools.
The safety and well-being of our employees is important to us, which is why we set high standards for your workplace safety.
We offer a fair compensation package.
We offer health insurance, paid leave, and retirement benefits.
We offer a diverse working environment that is collaborative and aims to create a workplace where you will be valued, proud, empowered, respected, developed and rewarded.
Location
You will be on-site and report into our Bay Minette, Alabama location. #LI-Onsite
UTH
If you are looking for an organization where you can be challenged and even have a bit of fun while doing it, Quincy Compressor might be the place for you.
We offer reasonable accommodation for any part of the employment process due to a physical or mental disability. Please call [redacted] on a case-by-case basis.
Quincy Compressor provides equal employment opportunities to all employees and applicants for employment and prohibit discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
Did you know Quincy systems play an important role in our everyday lives? Compressed air is known as the fourth utility for good reason. It's essential for applications from aerospace exploration, food processing and packaging, to oil and gas production and refinement, and everywhere in between. Quincy is everywhere! Quincy Compressor dares to be the leader in the compressed air industry, always breaking boundaries to offer more to our customers across the world.
We are looking for a Credit Control Manager to join our team on our journey for a better tomorrow.
Your role
Your mission as Credit Control Manager is to control and manage all aspects of the credit team. This includes develop and improving operational goals and results of the team while supporting operation teams in maximizing our revenues and minimizing risk. You will report directly to the Vice President of Business Control.
You will direct the formulation, development and implementation of constructive, pro-active and progressive credit policies and procedures.
You will Interpret policies and ensures adherence both in practice and spirit.
You will work closely with the regional and operational teams to ensure maximum sales with minimum credit risk
You will establish the Credit Department's short and long range objectives, goals and plans to maximize cash flow and working capital.
You will review all proposed marketing programs and initiatives that involve non-standard terms of sale, terms discounts or that otherwise impact the quality or collectability / risk factor of our accounts receivable.
You will be responsible for In-house financing coordination, including but not limited to: review, administration, and conduit between Financing house, customer, and our overall risk portfolio.
You will be responsible for determining terms of payment for new accounts.
You will assist in establishing any new payment policy.
You will conduct yearly reviews and analyze all customers requiring credit limits, and make recommendations to the Controller, or higher, for approval following the AR/Credit Policies and Procedures.
You will ensure all audits are passed without any internal issues relating to collections
You will develop and prepare comprehensive weekly, monthly, quarterly and annual reports for management on the status and viability of our accounts receivable portfolio including commentary on trends, concerns and recommendations for future actions.
You will calculate and recommend adequate reserves against potentially uncollectible receivables. Monthly review, report and propose any necessary changes in reserves to the business for delinquent accounts based on Quincy's policy.
You will motivate and retain quality personnel by providing clear expectations and goals, ensuring department members have sufficient training to perform responsibilities, and providing morale feedback and recognition. You will complete all appraisals within The Quincy time scope and guidelines.
You will consult with in-house Legal Department, outside attorneys, and 3rd party collection services in developing legal steps required to minimize credit risk and effect successful collections. You will continually monitor 3rd party vendors to maintain maximum benefits with minimal expense.
You will represent Quincy, maintain contact and participate with credit trade associations, banks and credit reporting services. You will remain current on industry trends, credit and cash policies and portfolios, in addition to changes in law and technology related to the credit profession.
You will continually seek out, evaluate and recommend for development and implementation, any new procedures, systems or technology that can improve productivity and enhance and improve our processes and customer satisfaction. Work with IT to continually tweak and improve both SAP and peripheral software/applications processes.
You will manage staff to include cash application, customer master, credit, and collections. Develop and report on metrics for effectiveness of collection team and cash application accuracy.
You will help with any escalated items that may occur within the department. Counsel and provide training on credit related matters such as financial analysis, cost control and collection techniques to immediate staff, other departments, including sales and marketing, within Quincy.
To succeed, you need
You have a Bachelor's degree in Finance, Accounting, or related Business Field required. Graduate degree preferred.
You have three years experience in Credit Management, Finance, or related operation for sales & service in a business to Business relationship.
You have a good knowledge of commercial law, bankruptcy code and financing instruments.
You have a good understanding of accounting principles, practices and financial statement analysis.
You have supervisory or leadership experience (required).
You have strong financial knowledge and business know-how.
You have tact, common sense and ability to make and stick to sound business decisions
You have excellent people skills for building strong relationships with internal & external customers and colleagues.
You have professional traits: trust, integrity and consistent behavior
In return, we offer
We believe there is always a better way. Open for change and feedback is what defines our culture.
We support you on your journey: individual learning opportunities, world-wide job opportunities, and training.
You will be equipped with a company vehicle, work clothes, and specialty tools.
The safety and well-being of our employees is important to us, which is why we set high standards for your workplace safety.
We offer a fair compensation package.
We offer health insurance, paid leave, and retirement benefits.
We offer a diverse working environment that is collaborative and aims to create a workplace where you will be valued, proud, empowered, respected, developed and rewarded.
Location
You will be on-site and report into our Bay Minette, Alabama location. #LI-Onsite
UTH
If you are looking for an organization where you can be challenged and even have a bit of fun while doing it, Quincy Compressor might be the place for you.
We offer reasonable accommodation for any part of the employment process due to a physical or mental disability. Please call [redacted] on a case-by-case basis.
Quincy Compressor provides equal employment opportunities to all employees and applicants for employment and prohibit discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.