Senior Credit and Collection Specialist

Company: TRUMPF
Location: Farmington
Posted on: May 3, 2024

Job Description:

How brave are you? We are a high-tech company providing machine tools and laser technology, and are looking for people who can face new challenges with a fresh mind. As an independent family company, we offer you the freedom and trust to put your brave ideas into practice. With you on board, we would like to power ahead with the digital networking of the manufacturing industry. Our passion and creative drive ensure that we are an innovative force - across the globe at over 80 TRUMPF locations.

An experienced Senior Credit and Collections Specialist, reporting to the Head of Credit and Collections. Performs Credit Management, Collection, and Risk Mitigation tasks for TRUMPF, Inc. Assists with improving departmental performance and efficiency as well as reporting tasks.

Senior Credit & Collections Specialist Responsibilities

Work closely with the Head of Credit and Collections to meet target requirements, improve departmental efficiency, and make suggestions for inter-departmental improvements.
Manage and mitigate risk through timely identification and escalation of problems, and propose resolutions, to the Head of Credit and Collections.
Actively manage and perform collection responsibilities for high value customer accounts, driving improvement in the Accounts Receivable condition and mitigating risks.
Effectively communicate, engage, and collaborate closely with all TRUMPF Inc. for problem resolution and customer support.
Monitor the company Aged Trial Balance (ATB) for TRUMPF Inc, focusing on driving improvement and quality of AR.
Perform credit and risk analysis of new and existing customers.
Work with all TRUMPF Inc. internal and external customers on accounts receivable balances in a proper and timely manner.
Work with Contracts and Finance to mitigate risk, reduce overdue AR.
Provide leadership, guidance, and training for team members in the areas of collection, credit management, performance.
Assist with business performance report creation and tracking, improving Department performance and transparency within the organization.
Assist with reporting on a monthly and quarterly basis (e.g., Monthly AR, Quarterly Bad Debts, Productivity Management, Business Segment reviews, Internal Audit Tasks)
Review Dun & Bradstreet / Moody's credit reports; process UCC filings and terminations.
Collaborate with external debt collection agencies as needed.
Open new accounts, process trade and bank references, and signed credit applications.

Education

Bachelor's degree
MBA advantageous

Experience

Minimum 5 years B2B Credit Management and Collections experience, preferably in a diversified manufacturing company.
Proficient with Excel and Power BI
SAP Proficiency

TRUMPF is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, citizenship, disability, veteran status, or other protected class.

TRUMPF Inc. endeavors to make TRUMPF careers pages accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance in completing the applications process, please contact our HR department at 860.255.6000 or at HRgeneral@us.trumpf.com. This contact information is for accommodation requests only and can not be used to inquire about the status of application.

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Keywords: TRUMPF, New England , Senior Credit and Collection Specialist, Accounting, Auditing , Farmington, Northeast