Accounting Manager - Transactional Services

Gentherm•Racine, WI

2d•Onsite

About The Position

This leadership position oversees all accounting related to Accounts Payable and Credit & Collections for Performance Technologies’ North American business. Responsibilities include staff supervision, process oversight and improvement, credit risk analysis and accounting control compliance. Our transactional environment is housed in SAP and features multiple ancillary software applications. This role interacts with many internal and external customers, and requires effective communication across multiple levels of the organization.

Requirements

Bachelor’s Degree in accounting or finance or equivalent experience.
7+ years of relevant experience in a transactional environment
Management experience preferred
SAP experience preferred
Outstanding verbal and written communications skills
Excellent interpersonal and facilitation skills; high level of professionalism
Disciplined self-starter with solid organizational skills and ability to multi-task
Proficient in Microsoft applications (Word, Excel, PowerPoint, Outlook)
Only individuals authorized to work in the United States now and for the foreseeable future will be considered for this position.

Responsibilities

Lead and mentor transactional staff of roughly seven people (four of which are direct reports)
Drive continuous improvement of A/R and A/P processes and tools
Ensure compliance with documented accounting controls
Oversee new and existing customer credit limits and payment terms: Analyze creditworthiness through use of credit rating reports, credit applications, purchase order reviews, and company financial statement analysis
Minimize bad debt losses through effective credit limit and payment term management
Collaborate with commercial teams to facilitate sales growth while mitigating credit risk
Initiate credit holds, letters of credit and cash-in-advance credit terms when appropriate
Coordinate customer aging reviews and corrective action plans.
Lead root cause analysis and remediation of any process deficiencies driving aged receivables.
Drive resolution of customer payment discrepancies through collaboration with Sales, Warranty, MP&L and others as appropriate
Oversee the bad debt reserve and write-off processes
Maintain A/R sub-ledger system in SAP, including testing and approval of software upgrades in cooperation with Information Technology
Coordinate monthly closure of A/R and A/P modules in SAP
Ensure proper ledger activity and month-end balances relating to A/R and A/P
Prepare accurate and timely customer collection forecasts and analysis
Monitor Accounts Payable transaction flows and troubleshoot constraints
Oversee SAP invoicing process for intercompany sale transactions
Monitor and control vendor master data changes