Collections Strategy Analyst

$60,216 - $74,825/Yr

LSG Sky Chefs - Irving, TX

Full-time - Mid Level

Irving, TX

Food Services and Drinking Places

About the position

The Collections Strategy Analyst at LSG Sky Chefs plays a crucial role in managing daily cash flow and orchestrating collection efforts to enhance the company's financial health. This position focuses on timely collections, strategic actions for customer account management, and collaboration with various departments to streamline processes impacting cash flow and working capital management.

Responsibilities

• Evaluate customer account statuses and implement strategic actions to ensure timely payments.
• Collaborate with offshore collections teams and the sales department to enhance collection efforts.
• Assess new credit applications by following up with references and reviewing NACM and Experian documentation.
• Partner with various internal departments to streamline processes that impact cash flow and working capital management.
• Analyze accounts for potential bad debt losses, make reserve recommendations, and advise on write-offs when necessary.
• Prepare and present monthly credit and collections management reports to track performance and opportunities.
• Conduct ad-hoc analyses and lead special projects as needed to drive continuous improvement.
• Take ownership of collecting overdue accounts and addressing the root cause analysis.

Requirements

• Three to five years of commercial collection experience.
• Advanced reconciliation skills required.
• Self-directed with strong organizational, interpersonal, and communication skills required.
• Process improvement experience required.
• Working knowledge of SAP.
• Highly proficient in MS Excel.
• Strong problem-solving skills.
• Detail oriented.

Benefits

• Flexible hybrid work arrangement, requiring 4 days in the office and 1 day working remotely each week.