Credit and Collections Specialist

Company: TriMas Company LLC

Primary Location: 3423 S Garfield Avenue, Commerce, CA 90040 USA

Employment Type: Salaried | Full-Time

Function: Finance

Equal Opportunity Employer Minorities/Women/Veterans/Disabled

Main Duties & Responsibilities

The Credit & Collections Specialist plays an important role in the Finance Department by ensuring the timely collection of payments from our customers and accurate accounts receivable reporting for multiple sites. This position requires a person who performs at a high level of accuracy and efficiency, is well organized and demonstrates ownership and initiative to accomplish goals. The applicant will be measured by key performance metrics, which include Days Sales Outstanding, levels of overdue debt, levels of disputes and levels of unallocated cash. The position will be based out of City of Industry or Commerce but will be required to go to other Southern California facilities periodically.

Responsibilities of the position:

• Establish accounts for new customers by reviewing credit application materials and obtaining further information as needed and to determine credit viability.

• Perform yearly and ad hoc credit reviews of existing customers and maintain up to date resale certificates.
• Accountable for reducing delinquency for assigned accounts.
• Makes collection calls and/or correspondence so that collection efforts result in maximum benefits.
• Watch for key indicators that a customer account is falling behind, becoming delinquent.
• Coordinate activity with Sales department regarding disputes on outstanding invoices.
• Drives continuous improvements and/or changes to processing methods to improve accuracy and efficiency.
• Enlist the efforts of senior management when necessary to escalate the collection process.
• Establish and maintain effective and cooperative working relationships with customers, general managers, outside and inside sales.
• These relationships can be critical with collections efforts.
• Prepare for and attend regular receivable meetings.
• Providing customer service regarding collection issues, process and review account adjustments, misapplied payments, resolve client discrepancies and short payments.
• Required to produce a full monthly reporting suite that will include overdue debtors, disputes lists and cash projections.
• Ability to work extended hours, including evenings and weekends, may be required at times.
• This job description is not all inclusive of all duties. Other duties or projects may be assigned.

Salary Range: $83,200.00 - $98,900.00

Qualifications

• Education: Bachelor's Degree in Accounting, Finance. Relevant work experience may be considered in lieu of degree.
• At least 5 years collections, payment and crediting processing application and/or understanding of same.
• Experience working for a large, multi-site manufacturing firm is not a must but desirable.
• Required experience/knowledge with ERP business systems and proficiency with MS Excel skills using Pivot tables, lookups, data mining and other advanced formulas. Syteline ERP experience is not a must but desirable.
• Strong interpersonal communication skills with both internal and external clients.
• Works collaboratively with fellow employees and others to achieve identified goals and objectives.
• Excellent attention to detail, organizational skills, and the ability to prioritize with changing situations.
• Motivated self-starter who thrives in a fast-paced environment.