AR Coordinator

Jetstream of Houston•Streator, IL

9d•$24 - $28•Onsite

About The Position

Vactor Mfg. 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. 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 Downers Grove, IL, with manufacturing facilities worldwide, the Company operates two groups: Environmental Solutions and Safety and Security Systems.

Requirements

Must have background in finance or accounting with ability to read and interpret a financial statement
Must be able to build constructive and effective relationships with internal and external customers.
Must have the ability to solve problems and resolve issues in a timely manner.
Must have strong communication and organization skills and be able to manage multiple tasks
Must have AR, Collections experience.

Nice To Haves

Experience working with Equipment or Auto Dealer Networks preferred.
JD Edwards, Big Machines, CPQ, Power BI Tool Experience is preferred.
Banking, lending and underwriting experience preferred .
Titling experience and Notary preferred. (Have Notary or pass IL Notary Certification Process within year).

Responsibilities

Manage the DSO and Delinquency to meet corporate guidelines (ESG Divisions)
Maintain and update Customer Master Records in JDE (ESG Divisions).
Monitor ESG Mailbox with Account Set up Team Members regarding Account Maintenance
Coordinate Communication with ESG Dealers and RSM’s regarding Finance & Credit Decisions.
Interact with Dealers, RSM, Sales & Service Departments to resolve issues that delay payment.
Maintain and update Centralized Dealer Files (Dealer Agreements, UCC-1 Certificates, Financial Statements, Resale Certificates, FET Certificates, Insurance Certificates, and Annual Certification of Ownership and Management).
Interact with Dealership to ensure that Dealer Agreements are executed & enforced and that required documentation is being submitted on a timely basis.
Maintain Tax Exemption Certificates on all Non-Taxable Customers and update on CM Record & Vertex.
Secure/review financial statements on Dealers / Customers on a regular basis & input into ESG Software.
Administer & Notarize MSO’s to dealers (Elgin & Vactor).
Authorize Payment of Commissions and Demo Rebates to Dealers.
Follow up on ESG Dealer Audit Action Items.
Review Annual Dealer Sales, Payment History & Financial Ratios and provide guidance on Overall Dealer Risk Rating.
Assist Finance / Credit Manager on review of Sales Contracts that are received by customers.
Establish and Maintain Credit Limits on ESG Dealer & Customer Accounts (ESG Divisions)
Review Bad Debt Reserves (All ESG Divisions).
Compile ESG Management Reports (ESG Divisions)
Review a request for credit and make a decision within a timely manner.
Collection calls on all delinquent accounts (All ESG)
Maintain contact with Production and Sales Teams regarding any deterioration in Customer’s credit worthiness that may impact scheduling or completion dates.
Assist clients / finance institutions on providing paperwork (Deposit Invoice, Pro-forma Invoices, MSO, Completion Certificates, etc) in order to secure payment.