Credit and Collections' Administrator

4 weeks ago

Oshawa, Canada Prysmian Group Full time

Prysmian Group is the world leader in the energy and telecom cable systems industry. Each year, the Group manufacturers thousands of miles of underground and submarine cables and systems for power transmission and distribution, as well as medium low voltage cables for the construction and infrastructure sectors. We also produce a comprehensive range of optical fibers, copper cables and connectivity for voice, video, and data transmission for the telecommunication sector.

We are almost 29,000 employees, across 52 countries. Everyone at Prysmian Group has the potential to make their mark; because whatever you do, wherever you are based, you will be part of a company that is helping transform the world around us.

Make Your Mark at Prysmian

MAJOR RESPONSIBILITIES
- Works with customers to resolve discrepancies regarding past due payments to motivate prompt payment.
- Responsible for minimizing overdue accounts receivable in EHC Canada and EHC USA, through resolution of discrepancies and other delays in payments.
- Analyze customer trends and payment requirements in order to improve day’s sales KPI;
- On a monthly basis, reviews all global receivables and queries other regions on overdue amounts.
- On a regular basis, reviews receivables and makes recommendations and provides guidance for collections;
- Collaborate with the CFO to maintain collection goals and general collection performance levels through management of credit limits and payment terms; Advise and recommend to CFO on circumstances when credit limits are exceeded
- Responsible for providing recommendations to the CFO to ensure that appropriate receivables insurance coverage is in place, recommend when bad debts should be written-off.
- Responsible for establishing and maintaining Customer Finance Roles in ERP, including maintaining WR customer credit limits in ERP and making recommendations for change as required, and obtaining sufficient authorizations if required;
- Processes customer payments and post payments using the ERP, resolve differences between payments and amounts, and reconciles customer receipts to the appropriate bank accounts
- Responsible for updating bank information.
- Maintain customer accounts in ERP, ensuring accuracy and performing housekeeping as required for WR companies.
- Responsible for creating management reports on a monthly basis, calculate and create external reports for insurance and other purposes monthly and quarterly.
- Manage US State Sales and Use tax reporting, as required
- Reconciliation of A/R sub-ledgers to general ledger balances
- Responsible for preparing intercompany reconciliations and reconciling payables/receivables between all EHC Global entities.
- Initiates and implements revisions to collection procedures for all WR locations;
- On request, provide credit references for our current customers to their potential suppliers;
- Works with the Sales Department to resolve CSO issues which affect Inventory, Sales and Receivables.
- Follows EHC’s Integrated Management System (IMS) procedures to reduce impacts to the environment while maintaining quality service by following EHC standards and ISO procedures
- Responsible for protecting the Company and its product by maintaining security and confidentiality.
- Contributes to team effort by accomplishing related results as needed.
- Upon request, provides formal training to other WR companies on ERP A/R processes and general A/R procedures.

**Requirements**:

- 3 year college program in Business Administration with specialization in Accounting
- 2 years experience in a credit and collections position
- Good working knowledge of Microsoft Office;
- Experience with ERP system would be an asset;
- Strong diplomatic and conflict management skills.
- Prysmian Group, as an Equal Opportunity Employer, aims to attract and recruit individuals with diverse backgrounds, skills and abilities, who will enhance the quality of service and contribute to the Group’s success. Prysmian Group is committed to the development of an organization that prioritizes talent, where people feel respected, appreciated and free to fully express their human potential. Prysmian Group strongly believes that diversity drives meritocracy and brings significant value at all levels of the organization, increases the possibility of capturing market opportunities and maximizing value for our customers and shareholders. Prysmian Group bases its decisions on principles of equality, with evaluations based on the type of position and with a focus on best practices so individuals succeed based on their efforts and skills and their alignment with applicable job requirements._

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