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Sr. Manager, Finance, Corp Credit
3 months ago
Sr. Manager, Finance, Corp Credit
Work Mode: Hybrid
Location: Hybrid - Kohler, WI
Opportunity
Reporting to the Director-Corporate Credit, the role is responsible for the credit management and collections activity for the Kohler Businesses in North America. The North America Sr Mgr Finance, Corp Credit is responsible for maintaining and enhancing the financial controls, providing support for decision-making, and building relationships across the region’s businesses. A key to the success in this position is to provide the various managed businesses with full credit support within the parameters of prudent risk exposure, profitability, and acceptable accounts receivable turnover rates.
The role must maintain the highest level of integrity and candor to all key management levels of our external customers and Kohler Co businesses. In addition, assist in overseeing policy, procedure, people, and process development.
Specific Responsibilities
- Manage credit risk review and collections of accounts receivable of the assigned business portfolio within established policies and procedures. Provide credit support concerning the customer base within these groups. Serve as the main contact point for inquiries from the groups concerning credit issues.
- Monitor customer base to ensure appropriate credit risk is maintained.
- Ensure full compliance to global corporate credit policies for all sales activities and credit risk coverage.
- Ensure that security and collateral are obtained, maintained, and properly filed with agencies, banks, or other institutions. All security instruments are reviewed for completeness and to ensure they meet all legal requirements to guarantee any payment due under the security instrument will be paid.
- Consult with the Director-Corporate Credit on all larger magnitude high-risk clients to ensure adequate control is maintained.
- Develop and maintain a strong knowledge of the business units supported and industries, as well as worldwide conditions that may affect our regional credit and collections.
- Maintain state-of-the-art credit and collections knowledge and expertise.
- Monitor, consolidate, analyze, and report monthly credit and collection performance; monitor and approve bad debt provision and ensure that all credit losses are provided for.
- Prepare and execute cross functional / business governance meetings; assist in the review of credit exposure, credit limits, insured limits, and uncovered limits.
- Build and develop relationships across the business as well as different functional areas.• Responsible for maintaining and enhancing the system of internal controls for the Order to Cash process for the region’s businesses. Use feedback from internal and external auditors to identify internal control weaknesses. Consult with internal customers and external customers to ensure any issues are resolved in a timely basis and service delivery targets are met.
- Manage the transition of new business into the Regional Credit COE, with an adherence to company policy and a focus on standardization of processes.
- Responsible for continuously improving the businesses financial processes from a quality and productivity perspective. Use benchmarking and best practice information to gain perspective. Recommend, develop, and implement innovative technology and systems to drive forward continuous improvement.
- Develop, mentor, and provide direction to associates reporting to this role.
- Travel to support businesses and customers is expected of this role whenever necessary to ensure corporate expectations are met.
Skills/Requirements
- Domestic and International Credit experience is essential.
- A strong proven management background within a multinational/global organization is preferred.
- Shared Services experience beneficial
- Language skills such as Spanish highly desirable
- Proven supervisory skills and demonstrated ability to work with Senior Leadership
- Depth of Management of Credit function is essential.
- Bachelor’s degree is preferred.
- Recognized Credit Management or Accountancy Qualification is desirable.
- CCE Qualification preferred.
- Exposure to other finance areas (General Accounting, Treasury and Payroll) is a plus.
The salary range for this position is $131,450 - $169,000. The specific salary offered to a candidate may be influenced by a variety of factors including the candidate’s experience, their education, and the work location. Available benefits include medical, dental, vision & 401k.
Why Choose Kohler?
We empower each associate to #BecomeMoreAtKohler with a competitive total rewards package to support your health and wellbeing, access to career growth and development opportunities, a diverse and inclusive workplace, and a strong culture of innovation. With more than 30,000 bold leaders across the globe, we’re driving meaningful change in our mission to help people live gracious, healthy, and sustainable lives.
About Us
It is Kohler’s policy to recruit, hire, and promote qualified applicants without regard to race, creed, religion, age, sex, sexual orientation, gender identity or expression, marital status, national origin, disability or status as a protected veteran. If, as an individual with a disability, you need reasonable accommodation during the recruitment process, please contact kohlerjobs@kohler.com. Kohler Co. is an equal opportunity/affirmative action employer.