Senior Accounts Receivable Specialist required for our global manufacturing client based in Wolverhampton. The successful Senior Receivable Specialist will report into the VP & Corporate Treasurer ane will be responsible for delivering world class performance in credit, collections and cash applications.

The role drives collection activities to ensure timely collection of customer receivables, resolves billing issues, ensures that cash is posted and reconciled on a timely basis, and supports credit analysis for new and existing customers.

Key Functional

Responsibilities:


* Drives AR activities for the Americas and European legal entities, as well as other legal entities as needed

* Ensures compliance with the Company's credit and collection policy

* Review timely review of orders on credit hold to ensure appropriate release of orders when necessary

* Review customer credit limit inquiries by analyzing credit reports, customer payment history, requesting additional information from customers as necessary, and proposing credit lines for approval by management

* Perform credit reviews on existing customers at as needed, but not less than annually

* Maintains reporting on metrics, SLAs and KPI's, and provide monthly reporting to management

* Coordinates collection activities with Company's external collections and cash application agency or shared service centres

* Capture, analyze and report on root causes for delinquencies, and initiate corrective action internally and externally

* Examine Letters of Credit to ensure compliance and reduce the risk of non-payment, request amendments as needed; work with banks, agents and customers to decrease fees and discrepancies

* Resolve collection-related banking issues

* Administers customers' supply chain finance programs as required (reporting, processing changes, etc.)

* Oversee cash posting and application to ensure accuracy on customer accounts, act as back-up for cash posting as needed

* Coordinate with the Accounting Department to resolve and ensure system integrity

* Support validation activities/research for rebate, commission and refund requests

* Assist in annual audit and control testing

Education and Experience

* 3+ years of experience managing an A/R portfolio with domestic and international accounts'

* Experience in account reconciliation and cash application.

* Demonstrated experience in leveraging ERPs to create actionable reporting to management, sales leasers and customers

* Proven experience analyzing financial statements and utilizing credit tools to make sound credit and risk recommendations

* SAP ERM experience a strong plus

* Undergraduate degree in Accounting or Finance, or equivalent experience

* Initiative is required to identify, resolve and prevent repetition of customer billing issues

* Ability to deal with ambiguity, manage conflict, and effectively communicate across multiple groups across the organization, including the Commercial leaders, Customer Service, Legal and Logistics

* Strong commitment to meeting Service Level Agreements with internal customers

* Ability to manage difficult and sensitive credit issues with customers and negotiate satisfactory outcomes

Working Hours: 36.5 Hours per week

Salary guide: 35k to 50k per year depending on experience level