Credit and Collections Manager
2 months ago
We're looking for people who put their innovation to work to advance our success - and their own. Join an organization that ensures a more secure world through connecting and protecting our customers with inventive electrical solutions.
As the Credit Collections Manager at nVent, you will play a crucial role in ensuring credit and collections operations across our regional offices. With your expertise in credit management and collections, you will lead a team of dedicated professionals and drive outstanding results. Your experience in credit risk assessment and collections strategies will be key to our continued success.
In this position, you will get to:
* Lead the people, processes, systems and controls related to extending credit to nVent's customers.
* Implement and maintain regional strategies that balance the need to support sales opportunities with sound risk and collection practices.
* Participate in finance and business reviews of portfolio performance with insights to risks and risk mitigation planning.
* Provide technical analysis and guidance for complex credit and collections issues and recommend appropriate solutions.
* Provide timely forecasts and analyses of collections and portfolio risks and reserve requirements.
* Regularly interact with and report to segment CFOs regarding current risks/opportunities, analysis of the monthly results and communication of future month forecasts.
* Interpret performance measures to ensure operations are within scope of organizational expectations and objectives.
* Assist sales and finance teams with customer negotiations for terms and conditions of sales.
You have:
* Bachelor's degree in Business, Finance or Management preferred
* 5+ years leading credit and collections teams in a business-to-business, preferably in manufacturing and/or distribution environment
* Ideally 6+ years of B2B credit risk analysis and collections experience.
* ERP Systems experience such as: Get Paid, SAP, JDE, and/or Infor M3 preferred
WE HAVE:
* A dynamic global reach with diverse operations around the world that will stretch your abilities, provide plentiful career opportunities, and allow you to make an impact every day
* At nVent, we connect and protect a more sustainable and electrified world with inventive electrical solutions. We're a nearly $3 billion high-performance electrical company with a dedicated team of 10,000+ people at more than 130 sites around the world. Our solutions deliver value to industrial, commercial, residential, energy and infrastructure customers, providing mission critical solutions that improve performance, lower costs and reduce downtime.
* We design, manufacture, market, install and service high-performance products and solutions that connect and protect mission critical equipment, buildings and essential processes. Our robust portfolio of leading electrical product brands dates back more than 100 years and includes nVent CADDY, ERICO, HOFFMAN, RAYCHEM, SCHROFF and TRACER.
* Commitment to strengthen communities where our employees live and work
* We encourage and support the philanthropic activities of our employees worldwide
* Through our nVent in Action matching program, we provide funds to nonprofit and educational organizations where our employees volunteer or donate money
* Core values that shape our culture and drive us to deliver the best for our employees and our customers. We're known for being:
* Innovative & adaptable
* Dedicated to absolute integrity
* Focused on the customer first
* Respectful and team oriented
* Optimistic and energizing
* Accountable for performance
* Benefits to support the lives of our employees
At nVent, we connect and protect our customers with inventive electrical solutions. People are our most valuable asset. Inclusion and diversity means that we celebrate and encourage each other's authenticity because we understand that uniqueness sparks growth.
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