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Global Director, Credit & Accounts Receivable
1 year ago
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Individual in this role will be responsible for leading the Global Credit & Accounts Receivable for the Shared Services organization. Reporting to the Sr Director, Global Finance Shared Services, this position will lead teams, both directly and indirectly, supporting critical processes within the order-to-cash cycle.
- Oversee Accounts Receivable within Shared Services. This includes managing and standardizing processes for assessment and extension of credit, collection of receivables, application of cash received, and AR/DSO forecasting along with other Finance responsibilities.
- Collaborate with leadership across the complete order-to-cash cycle and cross functional organizations to achieve the company’s goals including bringing insights and ideas to improve efficiency and effectiveness of the business.
- Global process owner for areas of responsibility as we continue to evolve the migration to a global centralized function.
- Provide outstanding customer service while maintaining financial systems of high integrity, ethical conduct and compliance with Company policies, procedures and internal controls.
- Lead teams to effectively drive and manage change within the organization.
- Lead strategic projects, through analytical, fact-based decision making, interfacing with key personnel and identifying automation and enhancement opportunities that drive efficiencies.
- Maintain all process and procedure documentation in response to changing business conditions, ERP implementation and internal control requirements.
- Establish goals and monitor key performance metrics to measure the quality and efficiency of the credit and collection related processes.
- Ensure that effective internal controls, policies and practices are in place and that teams are properly trained.
- Execute SOX compliance related to accounting and reporting for role related processes
- Maintain an effective and motivated organization through appropriate selection, training, feedback, coaching, compensation and recognition of staff.
- Bachelor’s degree in Business Administration, Finance or similar
- Minimum 10 years of relevant work experience, including 5+ years of managing a Shared Services Team.
- Continuous improvement mindset & can embrace Regal Rexnord’s 80/20 principle.
- Proven experience in standardizing and documenting financial processes and procedures, building out controls and applying best practices to ensure effective department workflows.
- Experience with large ERP’s (Oracle, SAP, etc) preferred. Must have strong experience with Microsoft Excel, PowerPoint and Word.
- Project management experience with ability and willingness to take ownership of projects and assignments with minimal direction from leadership.
- Ability to identify, track and manage key performance metrics as required.
- Strong organizational skills and ability to work and thrive in a high-volume, fast-paced and evolving environment.
- Driven self-starter with strong self-responsibility and ability to operate autonomously.
- Experience working with transformation management and organizational change.
- Possesses strong character and integrity, as well as strong executive presence.
- Manufacturing experience is a plus.
- Excellent verbal and written communication skills.
- Schedule flexibility due to global communications
- Ability to travel up to 10%
- Strong preference for candidate located in the Chicago or Milwaukee areas, but may be open to other CST/EST locations with travel as needed