A/R Collection Manager

Parker Hannifin - Salt Lake City, UT

Full-time - Mid Level

Salt Lake City, UT

101-250 employees

Machinery Manufacturing

About the position

Parker Hannifin is seeking an A/R Collection Manager to oversee the accounts receivable collection process within the Engineered Polymer Systems Division. This role is crucial for maintaining the financial health of the division by ensuring timely collection of receivables and the release of shipments pending negotiated terms. The A/R Collection Manager will report directly to the Division Controller or Division Accounting Manager and will interface with all levels of management within the business units. Additionally, this position requires close collaboration with customer service personnel to address any issues that may arise during the collection process. The A/R Collection Manager will be responsible for maintaining the days sales outstanding (DSO) metric, ensuring that open debits are cleared promptly, and producing end-of-month reports along with any special reports as needed. This role involves applying payments and managing credit assistant functions, overseeing the prompt issuance of credits, and coordinating special procedures with other divisions. Effective communication with the sales force and shipping locations is essential to resolve any problem situations that may impact customer satisfaction and operational efficiency. In this position, the A/R Collection Manager must continuously uphold the highest standards of customer service, throughput, quality, cost reduction, and productivity. The ideal candidate will possess a strong background in accounts receivable management and a commitment to fostering positive relationships with both internal and external stakeholders.

Responsibilities

• Responsible for maintaining days sales outstanding.
• Responsible for keeping open debits cleared.
• Produce end of the month reports and special reports.
• Applies payments and credit assistant functions.
• Oversee prompt issuance of credits.
• Coordinate special procedures with other divisions.
• Maintain communications with sales force and shipping locations on problem situations.
• Continuously maintain the highest degree of customer service, throughput, quality, cost reduction and people productivity.

Requirements

• Associate's degree in business related field or 2-3 years comparable work experience; Bachelor's Degree preferred.
• Experience applying cash to customer accounts, collections, working with customer data portals, researching pricing and other discrepancies, managing credit risk, and other Accounts Receivable duties.