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Accounts Receivable Supervisor

at G&W Electric Company in Bolingbrook, Illinois, United States

Job Description

Innovating since 1905, G&W Electric has grown into a global leader in engineered electrical power grid solutions. Working with us means joining a worldwide team of passionate manufacturing professionals striving to continually improve the technologies the world depends on to deliver safe, reliable electricity. Our culture is focused on employee success, so we foster an entrepreneurial environment that encourages everyone to thrive. Accounts Receivable Supervisor Position Summary: Reporting to the Director of Finance, the A/R supervisor is responsible for the timely management of all AR aging components; primarily cash application, invoicing, collections and dispute resolution Primary/Essential Responsibilities: Primary owner of the invoicing, cash application, and collection processes of the Corporate office located in Bolingbrook, Il. Adhere to all G&W credit, collection, and accounting policies, methods and procedures; support dispute resolution when necessary, ensure timely collection of payments, monitor processing and accuracy of invoices Prepares weekly collection log; documents daily collection efforts; strives to exceed collection goals by contacting targeted customers each week Reviews credit applications and D&B reports to establish credit limits and payment terms for new and existing customers Prepare and request Bid Bonds, Performance Bonds, Letters of Credit, and other special documentation as required for international transactions Manages, assigns and audits the work of the A/R coordinator; formally evaluate performance of direct reports against their job requirements and performance goals during annual and semi-annual performance reviews Prepares and reports on monthly A/R KPI's to upper management, as well as prepares monthly A/R G/L account reconciliation Prepare and file all monthly, quarterly, and annual state and use tax and GST returns Manage timely monthly commission payments to outside Reps and reconcile expense recognition vs. payment Manage online banking activities, including setting up payment templates, initiating payments and transfers when required Administrative ownership of High Radius cash application software Assist with the monthly financial close process, ensuring accurate financial statements delivered by day 3 of each month, including preparing journal entries and account reconciliations by required due dates Support year-end annual financial audit by managing due dates and preparing required financial and tax work papers for external auditors Required Qualifications: 5+ years' experience, preferably in a high volume international manufacturing environment Proficiency in MS Office Suite, including intermediate to expert Excel skills and exposure to working with large amounts of data Experience with Dun & Bradstreet reports, credit checks, and letters of credit Protects organization's value by keeping information confidential Preferred Qualifications: Bachelor's degree in Accounting or Finance Experience with JD Edwards or other major ERP business system Possess strong analytical, critical thinking and judgment skills Desire to help to automate, streamline and document processes Experience with Dun & Bradstreet reports and credit checks Physical Demands / Working Conditions: General Office Environment, PC use Light Lifting (occasional 25 lbs or less) Stooping Standing Why join us? G&W enjoys a long reputation for product quality, innovation and world-class customer service to the power industry. We have established this reputation by believing that our greatest asset is our employees. We owe our success to the initiative and talents of highly skilled individuals within our team-based organization. Our goal is to set the standard for customer satisfaction by ensuring a superior level of service, performance and innovation. As a global organization and industry leader, we are committed to cultivating an engaging work environment that embraces our core values and develops our talent. Our continuous focus on growth and innovation means that you become part of a company that provides challenging opportunities, rewards excellence and combines your individual expertise to achieve a higher level of shared success. As part of our organization, you also help power the world! G&W Electric is proud to be an Equal Opportunity Employer. All employees and applicants will receive consideration for employment without regard to age, color, disability, gender, national... For full info follow application link. "G&W Electric is proud to be an Equal Opportunity Employer. All employees and applicants will receive consideration for employment without regard to age, color, disability, gender, national origin, race, religion, sexual orientation, gender identity, protected veteran status, or any other classification protected by federal, state, or local law. VEVRAA Federal Contractor"
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Job Posting: 11501339

Posted On: Dec 04, 2023

Updated On: Dec 23, 2023