Lead and develop a team of 6 Accounts Receivable professionals.
Lead the credit team to achieve key AR metrics (% current, DSO, non-standard AR resolution and maximizing profitable sales) at best in class levels for North America.
Conduct thorough and timely credit line reviews. Seek sufficient level of financial data direct from customers together with data to be collected from the credit community and Armstrong Flooring’s experience to determine appropriate credit positions. Obtain authorized approvals on proposed credit lines.
Evaluate customer financial profiles to identify deficiencies and take corrective actions to minimize and avoid exposure in high risk situations.
Conduct customer visits to engage and understand the business of our customer base. Build relationships with customers and improve credit awareness.
Ensure appropriate knowledge and processing of secured transactions exists within AR team relevant to customer type.
Perform monthly aging reviews and engage with AR team to ensure timely collections and resolution of payment disputes. Keep management informed in all high-risk matters, making proposals as appropriate.
Engage and lead order-to-cash customer focused teams to improve efficiencies and the customer’s experience via benchmarking industry best practices. Create a team environment to ensure support of business strategies and influence process improvements.
Provide monthly and quarterly reporting on bad debt accruals, cash discount accruals, non-standards, and contra receivable accounts. Provide monthly summaries and analysis on AR portfolio and major accounts.
Evaluate and adjust team structure as appropriate to ensure team collectively operates efficiently, continuously achieves expected performance levels, and remains compliant. Lead hiring, training and continuous development of team.
Bachelor’s degree in Finance or Accounting PLUS 5+ years' experience at a manager level OR MBA PLUS 3+ years' experience at a manager level
Experience with international credit, construction credit (liens/bonds)
Additional Salary Information: full benefits, bonus opportunity
About Armstrong Flooring Inc.
You’ll see it in the vibrant colors of your school hallway, doctors and nurses will walk it while caring for your loved ones, your family will gather on it while creating everlasting memories. We are North America’s #1 producer of resilient flooring products and our mission is to inspire great spaces.
That’s us. That’s Armstrong Flooring.
As the advocate for business credit and financial management professionals NACM and its network of Partners take great pride in being the primary learning, knowledge, networking and information resource for commercial creditors nationwide.