Highlights
Establish credit lines and risk classes - Analysis will include financial records such as Income Statement, Cash flow Statement, Balance sheet and purchases of the company, payment habits, trade references, discussions with CFO, Internet Searches, etc. Each year, the company manufactures thousands of miles of underground and submarine cables and systems for power transmission and distribution, as well as medium low voltage cables for the construction and infrastructure sectors.
Numbers & Facts
| Location | Highland Heights, Kentucky |
| Industry | Manufacturing - Other |
| Company Size | 10,000 employees or more |
| Year Founded | 1879 |
| Website | https://www.prysmiangroup.com/en/careers/what-we-offer/sell-it-program |
Description
Prysmian is the world leader in the energy and telecom cable systems industry. Each year, the company manufactures thousands of miles of underground and submarine cables and systems for power transmission and distribution, as well as medium low voltage cables for the construction and infrastructure sectors. We also produce a comprehensive range of optical fibers, copper cables and connectivity for voice, video and data transmission for the telecommunication sector.
We are 30,000 employees, across 50+ countries. Everyone at Prysmian has the potential to make their mark; because whatever you do, wherever you are based, you will be part of a company that is helping transform the world around us.
Overview:
Prysmian Group is seeking a Credit Specialist who will work to minimize bad debt risk while maximizing accounts receivable collections. This role will also work to ensure payment terms are adhered to within assigned portfolio of accounts and review A/R aging reports to determine account status and initiate collection procedures to further reduce past dues.
Principal Duties & Responsibilities:
- Analyze requests for credit extension on new and existing accounts. Establish credit lines and risk classes - Analysis will include financial records such as Income Statement, Cash flow Statement, Balance sheet and purchases of the company, payment habits, trade references, discussions with CFO, Internet Searches, etc.
- Obtain Insurance, cross company guaranties, PMSI’s, etc as appropriate to mitigate risk.
- Enter invoices in 3rd party systems.
- Researching unapplied cash.
- Review A/R aging report to determine status of collections and follows up on assigned past due accounts.
- Documents and initiates offsets and recommends write-offs to be processed.
- Minimize bad debt risk while maximizing accounts receivable collections.
- Negotiate customer disputes to resolution and document root causes.
- Maintain accurate credit and collection files.
- Reconciling cash transactions & third party remittances.
- Other special projects as requested.
Qualifications:
Required:
- Bachelor’s Degree required, or equivalent combination of education and experience. (Preferably Business, Accounting, Finance, or related field).
- Minimum 2 years of credit/collections experience.
- Working knowledge and application of all terms and conditions as they relate to collections and payment terms.
- Strong attention to detail.
- Effective customer service skills.
- Proficient utilization of Microsoft Excel (pivot tables, v-lookup, if/and statements, etc.).
Preferred:
- 3-5 years of credit/collections experience.
- Strong knowledge and application of all terms and conditions as they relate to collections and payment terms.
- 1-2 years financial statement analysis experience.
- SAP Experience.
- A/S 400 Experience.
Work Environment/Physical Demands:
- Works out of a normal office environment with standard office equipment available.
- Will be required to sit, bend, kneel, squat, use keyboard, read, write, and speak fluently.
- Employee needs to be able to type 35 words per minute.
- Employee will be required to work productively and cooperatively in a high-volume, fast paced environment, and be able to respond efficiently and courteously to unanticipated problems and crisis.
Benefits
Paid Sick Days, Parking, Prescription Drug Coverage, Professional Development, 401K, Stock Options, Employee Referral Program, Flexible Spending Accounts, Employee Events, Life Insurance
About Company
Prysmian is world leader of the energy and telecom cables and systems industry, with some 19,000 employees across 50 countries worldwide.
Prysmian Group operates 10 plants in North America serving the telecom and energy markets. The Group consists of Prysmian and Draka, two of the strongest and most respected commercial brands in the industry, whose highly complementary products and services meet the needs for two distinct sectors: Telecom Cables & Systems produces optical fibers, optical cables and connectivity for video, data and voice transmission. Prysmian Group has two fiber optic manufacturing facilities in the United States covering 1.5 million square feet, including the only co-located fiber and cable facility in North America.
In our energy business, we design and produce cables and systems for the transmission and distribution of low, medium, high and extra high voltage systems. In 2009, Prysmian built the only Vertical Continuous Vulcanization line in North America in the Abbeville, SC plant. This facility is used to produce insulated high voltage cables. In addition, the group has a manufacturing facility in Prescott, Ontario to meet Canada’s power cabling needs.
A key factor in managing the Group's business is attention to sustainable development and the environment. As part of its activities, the Prysmian Group is involved in implementing management and production processes which help improve environmental sustainability and safety at work, in accordance with the guidelines of its HSE policy.