Financial Services Manager

Manufacturer and wholesale distributor of agricultural and light construction equipment (www.leonsmfg.com and www.ramrodequip.com) requires a Financial Services Manager at its head office in Yorkton, Saskatchewan.

 

This individual will manage the Credit Department and make decisions regarding credit limits, acceptable levels of risk, and terms of payments. Responsibilities include controlling bad debt exposure and expenses, maintaining strong cash flows through efficient collections and maintenance of Days Sales Outstanding (DSO), ensuring an adequate allowance for doubtful accounts is kept by the Company, monitoring the Accounts Receivable portfolio for trends and warning signs, enforcing the Stop Shipment List, and ensuring compliance with the Company credit policy, obtaining security interests against credit extended, and initiating legal or other recovery actions against non-payers.

 

The Financial Services Manager will take action to facilitate Order Review and on-time payment of invoices and to recover delinquent receivables including:

 

--- Customer contact (via phone, email, fax, and mail) regarding delinquent invoices, invalid deductions, Customer disputes, and terms discrepancies.

--- Document all Customer collection contacts, specifically promises to pay, agreements, and information requests.

--- Consistent follow-up to ensure Customer information requests have been satisfied and commitments have been met.

--- Researches and resolves Customer disputes and issues. 

--- Identifies and follows up on Customer payment issues regarding terms of payment.

--- Communicates with sales personnel regarding issues that cannot be resolved through normal payables contacts.

--- Informs General Manager of any issues impacting the Company DSO and receivable delinquency of objectives.

--- Ensures Customer billing details and terms are accurately reflected in the Customer Master file.

--- Prepares reports to reflect status of collection activity, key delinquency issues, and other accounting reports required.

--- Assigns responsibility for assistance and for collecting on delinquent accounts to specific staff associates when required.

--- Ensures adequate and current credit information, security documents, etc are reviewed and in place to justify credit lines set for Customers.

--- Initiates appropriate credit action on those orders that have failed the credit checking review.

--- Communicates negative payment trends with management and sales personnel.

--- Performs all credit and collection duties required and as assigned.

 

Responsible for any and all matters concerning credit and collections.

--- Makes ultimate determination on credit releases, past due accounts and credit holds.

--- Establishes and implements procedures to achieve monthly collection goals.

 

Proficient verbal and written English language skills are mandatory for this position. Qualification requirements also include demonstrated management, communication, and negotiation skills in credit and collections, and an ability to both think strategically and act tactically as necessary. AR/AP experience is preferred along with fundamental accounting skills.  The successful candidate must have versatility, flexibility, and a willingness to work within constantly changing priorities with enthusiasm.  The ability to multi-task and prioritize workload through excellent organizational and time management skills is necessary.  A Bachelors degree or equivalent work experience is required.  Computer proficiency and knowledge of Order Management and Invoicing Processes is also beneficial.

 

This is a permanent Senior position within the Company, and a competitive salary and complete benefits package is offered along with moving expenses to Yorkton SK if required.  Send complete resume of education, work history, references, salary history, and related comments regarding capabilities and qualifications to:

 

Leon's Mfg Company Inc.

135 York Road East

Yorkton, Saskatchewan

S3N 3Z4

Email: rsm@leonsmfg.com

Fax:    (306) 782-1884

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