COMPANY PRESENTATION Division Car Accessories North America develops, manufactures and markets Thule load-carrying systems, i.e. roof racks, rooftop boxes and bike carriers. The division is headquartered in Seymour, Connecticut, with additional production facilities in Chicago, Illinois, a sales office in Arkata in California and a distribution centre and warehouse in Denver, Colorado. The division has 465 employees. Sales 2005 amounted to SEK 643 M, 20% of total Group sales. The Thule Group has about 3,900 employees at over 30 production and sales locations on all major car markets in North America, Europe, Asia and Africa. The Group also offers snow chains, trailers and accessories for motor homes/caravans under the brands König, Brenderup, Thule Rental and Omnistor. Sales for 2006 amounted to about SEK 5,2 billion. Thule AB is based in Malmö, Sweden. Majority owner is the UK-based, private equity company Candover.
Responsible for managing Company’s credit risk and exposures. Supervise collections team in US and Canada. Monitor compliance with policy; evaluate performance and recommend areas for improvement. Work with IT, sales management, outside sales reps, distribution, credit rating services and customers as needed.
RESPONSIBILITIES:
1. Manage team of credit & collections personnel – maintain performance metrics by collector, aid in staff development
2. Monitor and update, as needed, credit policy including credit limits
3. Ensure appropriate sales tax exemption / resale certificates are maintained.
4. Work with IT and accounting to ensure Oracle process and controls meet business needs and are working effectively
5. Provide monthly rolling forecast of cash collections; provide analysis of actual vs. forecast monthly
6. Support sales team in developing new accounts; work with staff to meet commitments for new account review process
7. Collection of key accounts.
8. Correspond with collection agencies as well as review and update yearly contracts with outside credit reporting companies.
9. Communicate with accounts, sales reps, inside sales and Sales Management regarding credit limits, risks and potential exposures.
10. Develop estimates for bad debt reserves
11. Work closely with Controller and Director IT
12. Other functions as required and assigned by VP Finance
RECOMMENDED POSITION REQUIREMENT:
1. Minimum 7 years experience in credit & collection role in manufacturing / sporting industry environment a plus.
2. College Degree in business, accounting or finance
3. Proven supervisory skills
4. Excellent verbal and written communication skills
5. Experience with an integrated financial system such as Oracle / SAP / Great Plains
6. Able to prioritize and manage tasks
7. Detail Oriented