What are the responsibilities and job description for the Finance lead position at Hexagon AB?
Hexagon’s Manufacturing Intelligence division is seeking a Collections Team Lead.
At Hexagon , we strive to help industrial manufacturers develop the disruptive technologies of today and the life-changing products of tomorrow.
Our strength comes from our global footprint and enormous portfolio of advanced industrial sensors, measurement technologies, factory automation, simulation, and analytics tools.
Description :
The Collections Team Lead is responsible for managing all aspects of the credit and collections activities across Hexagon’s entire portfolio in North America.
Manages the processes for evaluating new customers, establishing credit limits, monitoring credit limits, researching account activity and resolving past due accounts through extensive contact with customers.
Manages a credit and collections team with the goal of supporting incremental revenue growth across the function while improving cash flow, managing our risk profile, and minimizing write-offs and delinquency.
Job Responsibilities
Apply credit approval policy and procedures and standardize written policy / procedural documentation related to all phases of the credit and collection activities.
Recommend opportunities and propose resolutions for improved efficiency, effectiveness, and / or risk reduction for the department.
- Interfaces with various intercompany departments including sales and customer service to communicate credit decisions and resolve credit issues and disputes regarding shipments, products, or purchase order discrepancies.
- Plan and organize activities of credit and collections team to ensure order approvals and collection communications are completed in a timely and accurate manner.
- Make credit decisions within assigned authority; seek next level management approval as appropriate.
- Interprets and applies credit and risk procedures, ensures analysis is documented and that appropriate records are maintained for auditing purposes.
- Responsibility for customer dispute mitigation and resolutions; including payment workouts.
- Determines collectability of past due accounts and ensures that delinquencies are addressed timely, payment plans are adhered to and legal / repossession activity occurs in an appropriate manner.
Partner with outside legal counsel and 3rd party collection agency when lease defaults occur.
- Manages key accounts and more complex customers.
- Produce and analyze month-end receivable aging reports.
- Develop and maintain measurables and management reporting protocols for the department.
- Performs other assigned duties as related to the credit function.
- Initiate process improvement to simplify and improve productivity on a continuous basis.
- Supports and participates in continuous improvement activities that positively affect safety, the environment, quality, reliability, and productivity or improve the overall suitability and effectiveness of the management system, its processes, and products.
Qualifications
- Bachelor’s Degree in Business or other related fields.
- Five or more years commercial credit management experience.
- Comprehensive understanding of credit reporting and business information resources (D&B, Manta and internet search engines).
- Manufacturing B2B collections experience preferred.
- Ability to demonstrate initiative and manage multiple priorities.
- Strong written / email etiquette along with strong verbal / phone / communication and interpersonal skills.
- Successful in dealing with customer and company personnel at all levels.
- Team player with ability to integrate across functions (Sales, Marketing, Finance, Customer Service) and build / foster internal relationships.
- Ability to think creatively and to understand the bigger picture from an overall company perspective.
- Ability to stay abreast of industry best practices, procedures, and techniques.
- Ability to work effectively in a fast paced, high volume department.
- Working knowledge in Microsoft Office products.
- Background in SalesForce.com desirable.
Physical Demands
Employee must be able to perform each essential job function satisfactorily and, if requested, reasonable accommodations may be made to enable employee with disabilities to perform essential job functions, absent undue hardship.
- Manual dexterity required for keyboard use.
- Regularly move around the office and occasionally the factory floor.
- Frequently communicates with other employees and customers.
- May require travel up to 10%.
Employee will encounter work environment characteristics described below while performing the essential job functions and, if requested, reasonable accommodations may be made to enable employee with disabilities to perform the essential job functions, absent undue hardship.
Job Environment : This role is in an office setting with standard equipment usage, including a computer, printer, copier and phone.
Regular communication and frequent standing, walking, and utilizing office equipment are part of the job.
- Vision : Necessary for document review and computer use, including close, distance, color, peripheral vision, depth perception, and focus adjustment.
- Speech / Hearing : Sufficient for in-person and telephone communication.
- Manual Dexterity : Frequent use of hands for typing and writing is required, along with reaching.
- Mobility : Adequate for medium to large office navigation.
- Lifting : Occasional lifting / moving up to 10 pounds may be needed.
At Hexagon Manufacturing Intelligence , our spirited energy and engagement are evident in our commitment to our work, passion for what we do and the speed at which we achieve it.
Here you will find the opportunity to build your career, develop professionally, and explore opportunities across a large, diversified company that prides itself on its innovative spirit and commitment to integrity.
We strive to attract the most talented and dynamic individuals in their fields because our success is in our people! Our culture encourages independent thinking and a team mentality.
And we offer a competitive benefits package that is second to none!
Any additional information you require for this job can be found in the below text Make sure to read thoroughly, then apply.
Benefits :
Exceptional Medical, Dental, and Vision insurance
Health Savings Accounts with employer contribution (HSA)
Flexible Spending Accounts (FSA)
401k Plan with generous employer match
Generous Paid Time Off (PTO)
Employee Assistance Program
Paid Parental Leave
Tuition Reimbursement
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or disability.
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Last updated : 2024-09-28