Implement the Credit and Collection Policy of the Steel Group. Establishes credit limits for all customers and ensures that these are reviewed and updated at least every 12 months. Interacts with the Sales function to ensure that customer sales orders are entered and released in compliance with approved terms and conditions. Contacts customers regarding past due receivables to enlist their commitment on when payment will be made and to reinforce our terms and conditions of sale.
-Collection of past due receivable balances
-Credit Approval: new and existing customer credit limits
-Resolution of Customer short-pay and quality claims issues
-Assisting the Cash Application group in identifying and applying unapplied cash
-Customer Service Issues: invoice and bill of lading copies, proof of delivery, etc..
-Process Improvements: including system enhancements, to become more efficient
-Customer credit limits current and maintained within company guidelines
-Accurate and timely resolution of customer short-pays and quality claims
-Timely communication of customer non-compliance issues (Payment terms, cash flow and financial difficulties, risk, etc.)
-Timely review and release of customer sales orders.
-Solid organization, analytical, and communication skills (verbal and written)
-Financial Statement analysis
-Basic understanding of GAAP
-Proficiency with Microsoft Office products (primarily Excel)
-Bachelors degree in Accounting or Finance (preferred), or equivalent related experience
-Telephone collection and negotiation skills
-Continuing education units to remain current in the field