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Credit Management Team Lead

2 months ago

Cincinnati, Ohio, United States nVent Full time

At nVent, we are seeking individuals who leverage their creativity to contribute to our success and their own. Join a company dedicated to enhancing safety through innovative electrical solutions that connect and protect our customers.

KEY RESPONSIBILITIES:

  • Oversee daily and weekly task assignments, ensuring effective workload distribution among team members and making adjustments as necessary.
  • Conduct accounts receivable reconciliations and tie-outs.
  • Manage accounts receivable netting processes.
  • Act as the primary point of contact for internal and external auditors regarding accounts receivable SOX compliance.
  • Prepare and disseminate accounts receivable reports on a daily, monthly, and quarterly basis.
  • Serve as the first point of escalation for customer issues and challenging accounts.
  • Evaluate and establish appropriate credit limits for customers.
  • Assess and manage orders placed on credit hold.
  • Engage with customers to facilitate payment of overdue invoices.
  • Address customer requests for documentation related to invoices and payments.
  • Collaborate with business teams to resolve customer delinquency matters.
QUALIFICATIONS:
  • Preferred academic background in Accounting, Business Management, or Finance.
  • Minimum of 5 years of accounts receivable experience in a business-to-business context.
  • At least 2 years of prior experience in a leadership role within a department.
  • Strong analytical and critical thinking abilities.
  • Excellent communication skills, both written and verbal.
  • Proficient in balancing business opportunities with risk management and identifying potential risk scenarios.
  • Familiarity with Microsoft Office applications, particularly basic Excel skills.
  • Experience with ERP systems such as JDE, Oracle, Infor M3, or SAP is advantageous.
OUR OFFERINGS:
  • A global organization with diverse operations that will challenge your skills, provide numerous career opportunities, and enable you to make a meaningful impact every day.
    • At nVent, we believe that safer systems contribute to a more secure world. We connect and protect our customers with innovative electrical solutions, designing, manufacturing, marketing, installing, and servicing high-performance products for mission-critical applications.
    • We are a $3.3 billion company with a dedicated workforce of over 11,000 employees worldwide. Our extensive portfolio of solutions has evolved over more than a century and includes renowned brands such as nVent CADDY, ERICO, HOFFMAN, ILSCO, RAYCHEM, and SCHROFF.
  • A commitment to strengthening the communities where our employees live and work.
    • We actively encourage and support the philanthropic initiatives of our employees globally.
    • Through our nVent in Action matching program, we provide financial support to nonprofit and educational organizations where our employees volunteer or contribute.
  • Core values that shape our culture and drive us to deliver excellence for our employees and customers, characterized by:
    • Innovation and adaptability
    • Unwavering integrity
    • Customer-centric focus
    • Respect and teamwork
    • Optimism and energy
    • Accountability for results
  • Comprehensive benefits designed to support the well-being of our employees.
At nVent, we connect and protect our customers with innovative electrical solutions. Our people are our greatest asset, and we celebrate and promote diversity and inclusion, recognizing that our unique perspectives drive growth and innovation.