Accounts Receivable Administrator - Vactor Manufacturing
Accounts Receivable Administrator - Vactor Manufacturing
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Job Description
JOB RESPONSIBILITIES:
- Manage the DSO and Delinquency to meet corporate guidelines (FS Solutions & Vactor).
- Process all Cash Applications (Checks ACH & Wires) for Elgin FS Depot FS Solutions & Vactor.
- Process all credit card transactions (FS Solutions & Vactor).
- Administer all Customer Payment Portals and ensure that our invoices are entered for payment.
- Review AR Aging Reports and Interact with Direct Customers to resolve issues that delay payment.
- Establish and Maintain Credit Limits on Direct Customer Accounts (FS Solutions & Vactor).
- Process Credit Applications verify Bank & Trade References and review D&B Reports on potential accounts.
- Recommend Increase / Decrease to Customers Existing Credit Limits based upon parts purchase & pay history.
- Maintain and update account information on P&A contractors. (FS Solutions & Vactor).
- Collection Calls on Direct Channel Accounts (FS Solutions and Vactor).
- Develop and Administer Repayment Programs on Delinquent Accounts.
- Issue Credit Holds & Demand Letters on Delinquent Accounts and forward to Collection Agency if not resolved.
- Review Bad Debt Reserves (All ESG Divisions).
- Complete ESG Management Reports (ESG Divisions)
- Complete all End of Period Balancing & SOX Reports.
- Send out monthly statements for All Accounts (Elgin FSD FSS Jetstream & Vactor).
- Work with the Sales Team on getting credits (pricing errors & returned items) issued on a timely basis.
- Work with the FSS Director of Sales to resolve sales orders submitted w/o PO or Correct Payment Terms.
- Review a request for credit and decide within a timely manner whether orders will be accepted or declined.
- Review Hold or Review Status on Part Orders over their credit limit and decide if the order will be accepted and shipment will be allowed. (FS Solutions & Vactor).
- Provide credit references on direct channel accounts.
EXPERIENCE AND SKILLS REQUIRED:
- Must have excellent communication and organizational skills and be able to manage multiple tasks.
- Must be able to work as a team and build constructive relationships with internal and external customers.
- Must have the ability to solve problems and resolve issues in a timely manner.
- Cash Applications AR Collections & Bookkeeping experience is preferred.
- JD Edwards Payment Portal Power BI Tool experience are preferred.
- Titling experience preferred.
EDUCATION REQUIRED: High school diploma. Bachelors degree in finance accounting or business preferred.
Salary Range $2428/hr
Benefits of Employment:
In addition to excellent career growth opportunities Federal Signal Corporation offers a wide array of benefits including: annual bonus potential insurance (life medical dental vision) paid holidays paid vacation 401(k) with matching contributions and tuition reimbursement. We provide our employees with a smokefree drugfree workplace.
About Us:
Federal Signal Corporation (NYSE: FSS) provides products and services to protect people and our plant. Founded in 1901 Federal Signal is a leading global designer and manufacturer of products and total solutions that serve municipal governmental industrial and commercial customers. Headquartered in Oak Brook IL with manufacturing facilities worldwide the Company operates two groups: Environmental Solutions and Safety and Security Systems.
Vactor Mfg. Inc. is a leading manufacturer of municipal combination catch basin/sewer cleaning vacuum trucks and industrial vacuum loaders that clean up industrial waste or recover and recycle valuable raw materials. Vactor is located in Streator IL and is a subsidiary of Federal Signal Corporation.
Required Experience:
Unclear Seniority
Employment Type
Full-Time
