Finance Administrative Manager II - Collections

Ecolab Inc

Eagan, MN

JOB DETAILS
SALARY
$107,600–$161,500 Per Year
SKILLS
Accounting, Accounting Policies, Accounts Receivable, Administrative Management, Analysis Skills, Business Services, Cash Flow, Compensation Management, Continuous Improvement, Credit Analysis, Credit Control, Credit and Collections, Customer Relations, Database Report Tools, Economics, External Audit, Finance, Financial Administration, Financial Analysis, Financial Reporting, Geography, Identify Issues, Internal Audit, International Business, Interpersonal Skills, Lead Generation, Leadership, Management Reporting, Metrics, Microsoft Access Database, Microsoft Excel, Microsoft Office, Microsoft Outlook, Microsoft Word, Multitasking, Operational Strategy, Order to Cash, Organizational Skills, Problem Solving Skills, Risk, Root Cause Analysis, State Laws and Regulations, Team Lead/Manager, Time Management, Workflow/BPM (Business Process Management) Software
LOCATION
Eagan, MN
POSTED
1 day ago

The Finance Administrative Manager II - Collections position reports to the Director of Collections within Global Business Services+. This position is responsible for managing North America Institutional & Specialty Direct Strategic AR portfolio over $200M. This position is responsible for building and developing an exceptional performing team to drive down trade receivables while supporting the company's growth and protecting shareholder value. This position has direct reporting span of control over appropriately 25 associates, with five direct reports. In addition, this role is a critical business partner to GBS senior leadership as well as divisional senior finance leadership and general management.

What You Will Do:

  • Deliver Past Due results in line with plan objectives.
  • Initiate and lead discussions with large, complex customers to address open AR balances up to and including the highest levels in company/corporation.
  • Own select monthly credit reviews to review portfolio and partner with business leaders across divisions to resolve barriers and implement solutions.
  • Lead team of associates, holding associates accountable to accelerate collections, minimize AR aging, hold customers to invoice terms and improve portfolio health.
  • Ensures understanding of accounts driving aging/DSO and that appropriate internal and customer action plans are in place to reduce aging and root cause analysis is completed to identify and fix issues to improve cash flow.
  • Prepares timely and meaningful analyses related to collections activities for portfolio including, but not limited to, DSO, aged receivables, risk, and write-offs.
  • Actively contribute to CBC and order to cash ideation leading to efficiency and effectiveness and promote continuous improvement approach for self and team.
  • Execute key portfolio initiatives in accordance with Accounting and Control Policy and CBC Guidelines.
  • Ensures sound policies, processes, and controls around Credit Services activities.
  • Lead contact for internal and external audits.
  • Energize and Empower team to maximize efficiency and effectiveness of operations while fostering an environment of individual accountability supported by metric-driven success.

Minimum Qualifications:

  • Bachelor's degree in Finance, Accounting, Economics, or a related field
  • 7 years of combined experience in accounting, finance, or shared services
  • Experience building and leading high performing teams and developing subordinates
  • Immigration sponsorship not available for this role

Preferred Qualifications:

  • Experience communicating to all levels of the organization and working with Senior level executives, including VPs, SVPs, and GMs
  • Self-motivated and detail and process-oriented
  • Excellent analytical, critical thinking and problem-solving skills with a proficiency in Microsoft Office Suite software (Excel, Word, Access, Outlook), workflow software, and ad hoc reporting tools and databases and ability to transfer financial analysis into insights and action plans
  • Experience interacting with Order to Cash processes including commercial support roles
  • Strong leadership presence with excellent presentation, interpersonal and consultative skills
  • Results driven and high energy individual that thrives in an environment characterized by growth and change
  • Strong organizational and time management skills with ability to manage multiple priorities and meet deadlines
  • Ability to identify key metrics critical to business performance and provide easily understood and actionable management reporting

Annual or Hourly Compensation Range

The base salary range for this position is $107,600.00 - $161,500.00. This position is eligible for annual bonus pay based on performance, per plan terms. Many factors are taken into consideration when determining compensation, such as experience, education, training, geography, etc. We comply with all minimum wage and overtime laws.

Benefits

Ecolab strives to provide comprehensive and market-competitive benefits to meet the needs of our associates and their families. Click here to see our benefits.

If you are viewing this posting on a site other than our Ecolab Career website, view our benefits at jobs.ecolab.com/working-here.

Potential Customer Requirements Notice

To meet customer requirements and comply with local or state regulations, applicants for certain customer-facing roles may need to:

  • Undergo additional background screens and/or drug/alcohol testing for customer credentialing.

Americans with Disabilities Act (ADA)

Ecolab will provide reasonable accommodation (such as a qualified sign language interpreter or other personal assistance) with our application process upon request as required to comply with applicable laws. If you have a disability and require accommodation assistance in this application process, please visit the Recruiting Support link in the footer of each page of our career website.

About the Company

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Ecolab Inc

A trusted partner for millions of customers, Ecolab (ECL) is a global sustainability leader offering water, hygiene and infection prevention solutions and services that protect people and the resources vital to life. Building on a century of innovation, Ecolab has annual sales of $15 billion and more than 48,000 associates, Ecolab delivers comprehensive science-based solutions, data-driven insights and world-class service to advance food safety, maintain clean and safe environments, and optimize water and energy use, and improve operational efficiencies and sustainability for customers in the food, healthcare, life sciences, hospitality and industrial markets in more than 170 countries around the world.

When you come to work at Ecolab, you get to take on some of the world’s most meaningful challenges and have the opportunity to learn and grow, shape your career, make an impact and quickly see the importance of your work.

For more Ecolab news and information, visit www.ecolab.com. Follow us on Twitter @ecolab, Facebook at facebook.com/ecolab, LinkedIn at Ecolab or Instagram at Ecolab Inc. To explore career opportunities at Ecolab, visit jobs.ecolab.com.

COMPANY SIZE
10,000 employees or more
INDUSTRY
Chemicals/Petro-Chemicals
FOUNDED
1923
WEBSITE
http://www.ecolab.com/