Segment Accounts Receivable Manager
Segment Accounts Receivable Manager
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$ 100000 - 145000
1 Vacancy
Job Description
Nature and Scope of Role:
The Segment Accounts Receivable Manager will report to the Global Director of Credit and Accounts Receivable and will be a key role within the Shared Services organization in helping to support the transformation of collections processes for one of our three global segments. The individual in this role will be responsible for leading a team of 610 collections analysts and will own the collections process assigned to one of our business segments. The individual in this role will be tasked with executing our Shared Services strategy plan by evolving and optimizing the collections process directly partnering with key stakeholders within the organization and will support executive level key performance indicator reporting with a focus on achieving bestinclass results.
Specific Responsibilities Include:
- Manage a team of 610 collections analysts responsible for the collection of accounts receivable activity for one of Regal Rexnords $2 billion business segments.
- Develop and implement effective collections strategies to improve teams effectiveness resulting in reduction of past due customer balances.
- Support executive level reporting on collections performance and drive accountability through owning the reporting tracking and delivery of action items for direct and indirect reports resulting in impactful business outcomes.
- Coach develop mentor and lead team of collections analysts to ensure continuous improvement and accomplishment of collections goals and company initiatives. Foster team environment that recognizes strong performance and effective collaboration.
- Support implementation and transition to Esker collections and deduction toolset. Develop and execute best practices standard operating procedures reporting and collections management using the tool.
- Partner with internal stakeholders to escalate and drive accountability of performance of collections issues. Work closely with the segment CFO Finance Directors Sales Leadership and other internal stakeholders to escalate customer behavior or process deficiencies.
- Establish goals and monitor key performance metrics to measure the quality and efficiency of the collection processes. Use data to manage work prioritization and ensure work done is impactful to business results.
- Identify quantify and implement process improvement resolutions to address root cause issues impacting customer payment behavior. Demonstrate a Change Agent mentality in developing and executing our Shared Services strategy.
- Collaborate with internal AR teams to ensure effective bestinclass end to end OTC processes.
- Develop strong partnership with key stakeholders of external customers.
- Support shared service roadmap for continued evolution of the AR organization.
Minimum Requirements:
- Bachelors degree in Business Administration Finance or similar
- Minimum 5 years of relevant work experience including 2 years of managing a collections team.
- Continuous improvement mindset & can embrace Regal Rexnords 80/20 principle.
- Experience with large ERPs (Oracle SAP etc) preferred. Must have strong experience with Microsoft Excel PowerPoint and Word.
- Ability to identify track and manage key performance metrics as required.
- Strong organizational skills and ability to work and thrive in a highvolume fastpaced and evolving environment.
- Driven selfstarter with strong selfresponsibility 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 preferred.
- Excellent verbal and written communication skills.
- Schedule flexibility due to global communications
- Ability to travel up to 20
Compensation Details:
- The salary range for this role is $100000$145000 per year
The salary range provided is intended to display the value of the companys base pay compensation forall statewide locations across the United States. Salary is dependent on a multitude of factorsincluding but not limited to the physical worksite location candidates skill set level of experienceeducation and internal peer compensation comparisons.
Candidates must be eligible to work in the United States without requiring company sponsorship to obtain or keep U.S. work authorization
Benefits
Medical Dental Vision and Prescription Drug Coverage
Spending accounts (HSA Health Care FSA and Dependent Care FSA)
Paid Time Off and Holidays
401k Retirement Plan with Matching Employer Contributions
Life and Accidental Death & Dismemberment (AD&D) Insurance
Paid Leaves
Tuition Assistance
About Regal Rexnord
Regal Rexnord is a $6.5B publicly held global industrial manufacturer with 30000 associates around the world who help create a better tomorrow by providing sustainable solutions that power transmit and control motion. The Companys electric motors and air moving subsystems provide the power to create motion. A portfolio of highly engineered power transmission components and subsystems efficiently transmits motion to power industrial applications. The Companys automation offering comprised of controls actuators drives and precision motors controls motion in applications ranging from factory automation to precision control in surgical tools.
The Companys end markets benefit from meaningful secular demand tailwinds and include factory automation food & beverage aerospace medical data center warehouse alternative energy residential and commercial buildings general industrial construction metals and mining and agriculture.
Regal Rexnord is comprised of three operating segments: Industrial Powertrain Solutions Power Efficiency Solutions and Automation & Motion Control. Regal Rexnord has offices and manufacturing sales and service facilities worldwide. For more information including a copy of our Sustainability Report visit RegalRexnord.
Equal Employment Opportunity Statement
Regal Rexnord is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race color religion sex/gender sexual orientation gender identity age ancestry national origin marital status citizenship status (unless required by the applicable law or government contract) disability or protected veteran status or any other status or characteristic protected by law. Regal Rexnord is committed to a diverse and inclusive workforce. We are committed to building a team that represents diverse and inclusive backgrounds perspectives and skills. If youd like to view a copy of the companys affirmative action plan or policy statement please email . If you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application please email .
Equal Employment Opportunity Posters
Notification to Agencies: Please note that Regal Rexnord Corporation and its affiliates and subsidiaries (Regal Rexnord) do not accept unsolicited resumes or calls from thirdparty recruiters or employment agencies. In the absence of a signed Master Service Agreement or similar contract and approval from HR to submit resumes for a specific requisition Regal Rexnord will not consider or approve payment to any thirdparties for hires made.
Required Experience:
Manager
Employment Type
Full-Time
