Credit and Collections Associate

Challenge Yourself and Impact the Future!

 

Element Solutions Inc (NYSE:ESI) is a leading specialty chemicals company whose operating businesses formulate a broad range of solutions that enhance the performance of products people use every day. Developed in multi-step technological processes, our innovative solutions enable our customer manufacturing processes in several key segments, including electronic circuitry, communication infrastructure, automotive systems, industrial surface finishing, and offshore energy.

 

Customers of our businesses use our innovation as a competitive advantage, relying on us to help them navigate in fast-paced, high-growth markets. For example, in-care technology, from infotainment to driver assistance, is accelerating the paste of new product development and automotive markets, and with a deep market expertise in electronics, we sit at the intersection of the fast-growing market, changing the competitive playing field for automotive manufacturers, with a long-standing presence.

 

We strive to embody the five 'Elements of our Culture'- our '5C's'; Challenge, Commit, Collaborate, Choose, and Care. These core values are the foundation of our organization which our employees embrace in their interactions with customers, colleagues and other stakeholders, to drive financial performance and create a rewarding work environment.

 

 

Who are we looking for?

The US FSSC consists of a professional staff whose objective is to provide the US business units with specialized financial services including Credit and Collections services, by employing sound credit judgment to achieve company sales and profit objectives. The Credit Analyst performs a variety of duties related to both extending and monitoring customer credit and the collection of customer AR balances, in accordance with company policies and departmental procedures. This position is an active part of a cross-functional team and may include daily interactions with various levels of personnel in Sales, Customer Service and Finance.

What will you be doing?

ESSENTIAL FUNCTIONS :

• Minimize bad debt risk, maximize accounts receivable collections
• Resolve outstanding accounts receivable issues (including disputes and discrepancies on invoices) through customer contact and coordination of collaborative efforts with Sales, Customer Service and Accounting and Executive Management
• Analyze customer financial condition and establish customer credit lines
• Prepare and issue monthly Credit and Collections KPI’s
• Approve new credit accounts by checking trade references and D&B listings
• Promptly inform management of any potential problem accounts
• Prepare and maintain accurate notes in the ERP system on all conversations with customers concerning collections etc.
• Report all pertinent credit related issues to the appropriate salesperson (inside or outside)
• Comply with SOX controls and reporting, including supporting audits
• Participate in process improvement projects, and support other management directives as prescribed

OTHER FUNCTIONS

• Analyze customer financial statements
• Conduct collection calls
• Negotiate customer disputes to resolution and documents root cause
• Provide customer service and develops relationships with internal/external customers and suppliers
• Maintain accurate credit files and collection files. Maintain electronic collect notes for each customer account
• Support Sarbanes Oxley audits of Credit and Collections
• Actively participates and communicates in the team-based work groups that make up the Credit Department

Who are You?

• Bachelor’s degree required in Accounting/Finance preferred
• Experience using ERP’s such as SAP, S/4 and JDE
• 5 years of prior experience as a Credit Analyst in a fast-paced environment, preferably in manufacturing

We understand that not all candidates may meet the requirements listed above. If you believe you have the knowledge and experience necessary to excel in this role, we encourage you to apply.

What competencies will you need?

• Effectively secure prompt payment from customers while employing commercial sensitivity, business acumen, and good judgment
• Understand and apply basic accounting principles in the interpretation of customer financial statements.
• Effective business writing and professional communication skills
• Demonstrated Effective Customer Service Skills
• Strong team-building skills and the proven ability to work with a diverse group of people.
• Proficiency in MS Office including Excel, Word, and Outlook; pivot tables and v-lookup functions.

We are Offering...

As part of our team here, as well as receiving a competitive base salary, you will also participate in a generous performance-related bonus plan. In addition, you will also receive a 401k plan with company matching, Life Insurance, and Medical Insurance as well as 9 holidays.

The typical base salary range for this position is anticipated to be between $60k and $80 annually.

Teamwork - At Element Solutions Inc, you will be part of a highly collaborative culture that promotes continuous improvement through cross-functional partnerships to achieve our mission. We do this through a strong and unified culture and transparent management which has empowered us to create high performing global teams that achieve superior solutions for our customers.

Socially Responsible - We care about what you care about. We respect the individual differences that make up our unique expanding organization. We prioritize both sustainability and social impact in both our business operations and our local communities through our various ESI Cares initiatives and the ESI Foundation. There are many ways to get involved from employee network groups that support your interests and sense of belonging to paid volunteer days.

Equal Opportunity Employer

All qualified applications will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, pregnancy, genetic information, disability, status as a protected veteran, or any other protected category applicable under federal, state and local laws.