Finance Administrative Manager II - Collections

The Finance Administrative Manager II - Collections position reports to the Director of Collections within Global Business Services+. This position is responsible for managing North America Institutional & Specialty Direct Strategic AR portfolio over $200M. This position is responsible for building and developing an exceptional performing team to drive down trade receivables while supporting the company’s growth and protecting shareholder value. This position has direct reporting span of control over appropriately 25 associates, with five direct reports. In addition, this role is a critical business partner to GBS senior leadership as well as divisional senior finance leadership and general management.What You Will Do: Deliver Past Due results in line with plan objectives.Initiate and lead discussions with large, complex customers to address open AR balances up to and including the highest levels in company/corporation.Own select monthly credit reviews to review portfolio and partner with business leaders across divisions to resolve barriers and implement solutions.Lead team of associates, holding associates accountable to accelerate collections, minimize AR aging, hold customers to invoice terms and improve portfolio health.Ensures understanding of accounts driving aging/DSO and that appropriate internal and customer action plans are in place to reduce aging and root cause analysis is completed to identify and fix issues to improve cash flow.Prepares timely and meaningful analyses related to collections activities for portfolio including, but not limited to, DSO, aged receivables, risk, and write-offs.Actively contribute to CBC and order to cash ideation leading to efficiency and effectiveness and promote continuous improvement approach for self and team.Execute key portfolio initiatives in accordance with Accounting and Control Policy and CBC Guidelines.Ensures sound policies, processes, and controls around Credit Services activities.Lead contact for internal and external audits.Energize and Empower team to maximize efficiency and effectiveness of operations while fostering an environment of individual accountability supported by metric-driven success.Minimum Qualifications: Bachelor’s degree in Finance, Accounting, Economics, or a related field7 years of combined experience in accounting, finance, or shared servicesExperience building and leading high performing teams and developing subordinatesImmigration sponsorship not available for this rolePreferred Qualifications:Experience communicating to all levels of the organization and working with Senior level executives, including VPs, SVPs, and GMsSelf-motivated and detail and process-orientedExcellent analytical, critical thinking and problem-solving skills with a proficiency in Microsoft Office Suite software (Excel, Word, Access, Outlook), workflow software, and ad hoc reporting tools and databases and ability to transfer financial analysis into insights and action plansExperience interacting with Order to Cash processes including commercial support rolesStrong leadership presence with excellent presentation, interpersonal and consultative skillsResults driven and high energy individual that thrives in an environment characterized by growth and changeStrong organizational and time management skills with ability to manage multiple priorities and meet deadlinesAbility to identify key metrics critical to business performance and provide easily understood and actionable management reportingAnnual or Hourly Compensation RangeThe base salary range for this position is $107,600.00 - $161,500.00. This position is eligible for annual bonus pay based on performance, per plan terms. Many factors are taken into consideration when determining compensation, such as experience, education, training, geography, etc. We comply with all minimum wage and overtime laws.BenefitsEcolab strives to provide comprehensive and market-competitive benefits to meet the needs of our associates and their families. Click here to see our benefits. If you are viewing this posting on a site other than our Ecolab Career website, view our benefits at jobs.ecolab.com/working-here.Potential Customer Requirements NoticeTo meet customer requirements and comply with local or state regulations, applicants for certain customer-facing roles may need to:- Undergo additional background screens and/or drug/alcohol testing for customer credentialing.Americans with Disabilities Act (ADA)Ecolab will provide reasonable accommodation (such as a qualified sign language interpreter or other personal assistance) with our application process upon request as required to comply with applicable laws. If you have a disability and require accommodation assistance in this application process, please visit the Recruiting Support link in the footer of each page of our career website. SummaryLocation: USA - Minnesota - EaganType: Full time