About Us Established in 1987, CIMTEC Automation is a leader in full-service, customized industrial automation services and products. CIMTEC Automation has become one of the industry's largest, most advanced, responsive and trusted automation products and engineering solutions providers for industries including: Automotive, Pharmaceutical, Food and Beverage, Consumer Products, Transportation, Oil and Gas, Utilities, Custom Machine Builders, and the Military.
Summary
Responsible for handling collections and managing credit limits, to maximize sales and minimize DSO and bad debt write offs by performing the following duties.
Responsibilities
Establishes effective relationships with customers to improve collection efforts.
Establishes effective relationships with employees, especially inside and outside sales reps. Determines appropriate time to involve sales in collections.
Determines effective collection call process for past due accounts to obtain DSO of 45 days and to minimize past due amounts.
Responsible for partnering with effective collection agencies including D&B.
Provides a weekly past due aging report to management and sales.
Responsible for determining and assigning appropriate credit limits for new customers using D&B, trade and bank references, and salesrep input.
Obtains signed credit applications, W9's and tax exemption reports.
Approves or denies credits for new customers within 2-3 days and notifies sales of decision.
Manages credit limits for existing customers continuously.
Reviews credit hold portal continuously and releases orders appropriately.
Applies lockbox, ACH and CC payments from customers for several brands.
Invoices customers daily including maintaining and updating customer portals.
Responsible for P21 customer account maintenance including new customer setup and ship to tax jurisdictions
Provides credit references to other companies.
Researches short payments, deductions, and discrepancies.
Updates collection call notes daily.
Ensures customer files are current and up to date
Performs other related duties as assigned.
Education/Experience
High school diploma or general education degree (GED); and two to four years related experience and/or training; or equivalent combination of education and experience. Accounting degree a plus.
