MinneapolisCareer.com - Minneapolis Career guide from CareerMVP.com.
http://www.MinneapolisCareer.com! http://www.CareerMVP.com!
Home > Job Listings > Back

Thermo King Americas Credit Manager | Ingersoll Rand | Bloomington, MN

Ingersoll Rand is a $13 billion company whose people and businesses around the world create progress for our customers in the global climate control, air conditioning and heating, industrial and security markets.  These markets continue to expand as they address growing needs in developed and developing economies alike. Our products, systems and solutions increase the efficiency and productivity of industrial, commercial operations, homes, and improve the security, safety, health and comfort of people around the world.  We have opportunities for career growth through our diverse businesses, which manufacture many well-recognized brands including Club Car, Hussmann, Ingersoll Rand, Schlage, Thermo King and Trane. In every line of business - Ingersoll Rand enables companies and their customers to inspire progress.  For more information about Ingersoll Rand visit http://www.ingersollrand.com.

Position Summary:
Manage the accounts receivable of all Thermo King American operations (including South America minus Brazil) and manage all related credit and collection activities in order to minimize credit risk while maximizing the cash performance of Thermo King, NAD and Service Parts. On a monthly basis manage approximately $110M in receivables while obtaining a collection percentage in excess of 92%. 

Responsibilities:
  • Plan, direct and manage the credit and collections activities for all of North America, Central America and for all NAD direct sales in South America except for Brazil.
  • Lead a team of 4 local direct reports and 1 remote direct report to achieve year-over-year improvements in collection metrics and business partnering.
  • Analyze the financial condition of major accounts and determine appropriate credit exposure strategies that are consistent with economic and commercial conditions.
  • Conduct an annual credit evaluation of all dealers.
  • Negotiate the terms and conditions pertaining to international Letters of Credit required to secure all export shipments from the USA and from Denmark.
  • Coordinate with Thermo King Marketing, the financial evaluation and recommendation of new NAD dealers to Thermo King management.
  • Review and approve methods to support sales objectives with marginally financed customers.
  • Provide timely and accurate analysis of monthly receivables by account to alert Thermo King management of potential collection problems.
  • Develop and implement settlement strategies with non-paying accounts that may include securing Thermo King through the personal finances of the prospective customer or dealer.

Minimum Qualifications:
  • B.S. in business administration, economics, finance or associated discipline along with 5-7 years experience in credit and collections in a dealer/distributor environment.
  • Comprehensive working knowledge of commercial credit and collection practices.
  • Fluency in Spanish is a plus.
  • Willingness to travel up to 15% of the time

If you share our passion for inspiring progress-for bringing about bold shifts in how people, economies and societies operate-then you belong with Ingersoll Rand. Ingersoll Rand is committed to a diverse workforce and is an Equal Opportunity Employer.

To apply for this position, please copy and paste the following link into your browser address bar:

http://ingersollrand.contacthr.com/21533493





Copyright © MinneapolisCareer.com & its licensors. All Rights Reserved!