We're looking for people who put their innovation to work to advance our success - and their own. Join an organization that ensures a more secure world through connecting and protecting our customers with inventive electrical solutions.
WHAT YOU WILL EXPERIENCE IN THIS POSITION:
Oversee the Regional Credit & Collection and AR Leaders, leading organizational talent through mentorship, development, and succession planning.
Manage the Global Accounts Receivable lifecycle applying advanced strategies and providing performance transparency through reporting (KPIs, Metrics, and SLAs).
Regularly interact with and report to the Segment CFOs regarding current risks/opportunities, analysis of the monthly results, and communication of future month forecasts as well as stay engaged with the business to understand changes that may impact the Credit & Collection teams.
Drive method and strategy to help achieve sales initiatives, while minimizing loss for the organization, based on buyer's credit worthiness and country risk associated with specific buyers.
Ensure collateral documents are compliant and liens perfected in accordance with local laws and regulations. Actively participate in high visibility collection issues such as bankruptcy credit committees, workouts, etc. and participate in customer visits as required.
Act as a change agent and process innovator. Demonstrate project management proficiency in all aspects of the order-to-cash process. Work cross functionally to drive process improvements and customer satisfaction.
Actively represent AR in acquisitions, integrations and/or ERP system changes.
REPORTING AND ANALYSIS:
Provide sound credit and financial analysis and recommendations.
Timely review, analysis, and submission of month-end AR reports for close process and for local and corporate reporting purposes including bad debt reserve analyses.
Accurate and timely cash forecasts and final results variance analysis at the Collector, Segment and Regional levels.
Update and publish performance measures (KPI, Metrics, SLAs). Interpret performance measures to ensure operations are within scope of organizational expectations and objectives.
Provide input to cash management, cash projection, and receivables turnover (DSO) analysis.
Provide analysis and assist Sales and Finance with customer negotiations for terms and conditions of sales.
YOU HAVE:
Bachelor's degree required.
12+ years of relevant Commercial Credit and Accounts Receivable experience.
10+ years experience in leading and managing teams.
Certified Credit designation preferred.
Global experience an asset.
Experience working at a publicly traded company strongly preferred.
Experience in the manufacturing industry is a plus.
Experience with GETPAID, SAP, or JDE financial systems is a plus
WE HAVE:
- A dynamic global reach with diverse operations around the world that will stretch your abilities, provide plentiful career opportunities, and allow you to make an impact every day
- At nVent, we believe safer systems ensure a more secure world. We connect and protect our customers with inventive electrical solutions. We design, manufacture, market, install and service high-performance products and solutions for mission-critical equipment, buildings and essential processes. Our solutions are helping build a more sustainable and electrified world.
- We are a $3.3B company with a dedicated team of more than 11,000 employees around the globe. Our comprehensive portfolio of enclosures, electrical and fastening, and thermal management solutions dates back more than 100 years and includes nVent CADDY, ERICO, HOFFMAN, ILSCO, RAYCHEM and SCHROFF.
- Commitment to strengthen communities where our employees live and work
- We encourage and support the philanthropic activities of our employees worldwide
- Through our nVent in Action matching program, we provide funds to nonprofit and educational organizations where our employees volunteer or donate money
- Core values that shape our culture and drive us to deliver the best for our employees and our customers. We're known for being:
- Innovative & adaptable
- Dedicated to absolute integrity
- Focused on the customer first
- Respectful and team oriented
- Optimistic and energizing
- Accountable for performance
- Benefits to support the lives of our employees
At nVent, we connect and protect our customers with inventive electrical solutions. People are our most valuable asset. Inclusion and diversity means that we celebrate and encourage each other's authenticity because we understand that uniqueness sparks growth.
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