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Financial <font color=blue><i>Services</i></font> Supervisor Job from TelecomCareers
Financial Services Supervisor | WESCO International | Little Rock AR 72295 USA |
Job Description:
The Financial Services Supervisor oversees department staff and financial tasks such as credit decisions, collections, and customer file maintenance. Works to achieve cash flow and operation expense goals established by Financial Services leadership - DSO, past due %, bad debt expense, etc. . Job Title: Financial Services SupervisorCompany OverviewWESCO International, Inc. (NYSE: WCC), a publicly traded Fortune 500 holding company headquartered in Pittsburgh, Pennsylvania, is a leading provider of electrical, industrial, and communications maintenance, repair and operating (MRO) and original equipment manufacturers (OEM) product, construction materials, and advanced supply chain management and logistic services. 2015 annual sales were approximately $7.5 billion. The Company employs approximately 9,300 people, maintains relationships with over 25,000 suppliers, and serves over 80,000 active customers worldwide. Customers include commercial and industrial businesses, contractors, government agencies, institutions, telecommunications providers and utilities. WESCO operates nine fully automated distribution centers and approximately 500 full-service branches in North America and international markets, providing a local presence for customers and a global network to serve multi-location businesses and multi-national corporations.Brief Posting DescriptionThe Financial Services Supervisor oversees department staff and financial tasks such as credit decisions, collections, and customer file maintenance.  Works to achieve cash flow and operation expense goals established by Financial Services leadership - DSO, past due %, bad debt expense, etc. . Detailed DescriptionResponsibilities and essential job functions include by are not limited to the following:  Develop department / portfolio goals with manager.  Manage execution, measure and report results.Select, manage, evaluate and develop staff. Provide training, feedback and developmental opportunities.Research and obtain appropriate credit information to rate credit worthiness of new and existing accounts.  Make recommendations of credit limits above level of authority to Manager for approval. Work cross-functionally with Sales, Operations, Finance, Contract Administration, and Customer Master Administration teams to gather and review documents (PO’s, Credit applications, etc.) and load into Contract Tracking Tool for approval by FS management and partners.Work with FS management to determine the use of various credit instruments to mitigate risk (UCC filings, Liens, joint checks, letters of credit, payment bonds, guaranties, etc.).Monitor past due invoices and make collections contact via phone, e-mail or customer portals.  Use judgment as to frequency and nature of contact depending on customer payment history, industry (local construction company vs. national corporation), invoice amount, etc.Report customer account collection status to FS management during periodic reviews; take necessary action after meeting to improve performance.Participate in monthly Branch calls to review aged AR / disputes and progress towards resolution.Work with the customer to determine root cause of dispute for unpaid or short-paid invoices.  Identify and document detailed reason.Maintain aggressive follow-up to ensure prompt resolution of disputes.Perform complex account reconciliations, including research of unapplied cash / credits and unearned discounts.Evaluate collectability of unearned cash discounts, finance charges, etc. and perform adjustments of uncollectable amounts within their level of authority.Review orders on credit hold on a timely basis as to not delay shipments by evaluating credit worthiness of customers, including, open invoices, in process payments and backlog.  Makes independent decisions to release orders on credit hold, or escalate higher-risk customers to supervisor.Depending on account assignment, assist with preliminary lien administration process and create and/or prepare Lien Waivers for approval.Performs other duties as requiredJob RequirementsREQUIRED KNOWLEDGE, SKILLS AND ABILITIESStrong overall business skills with a solution-oriented philosophyAbility to analyze financial data to determine creditworthiness/riskAbility to prioritize responsibilities to meet deadlines and management objectivesSupervise department staff to maintain productivity and developmentStrong teamwork, collaboration, and interpersonal skills with a positive dispositionExceptional communication and presentation skills both oral and written with all management levelsBachelor’s DegreeMinimum of 5years in a mid-size and multi-state companyCommercial credit industry experiencerequiredNACM certificate/designation preferredAdditional DetailsAt WESCO, we offer a competitive compensation and benefits package including medical, dental, vision, life, AD&D, paid time off (PTO), 401k, tuition reimbursement, STD/LTD, Legal assistance and more.
Categories: Unspecified

City

 State

 Postal
 Code

 Country

Little Rock

 AR

 72295

 USA
Contact Name: -
Email: Confidential
Job Code: 32910939
 



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