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FPM HEAT TREATING
Village, IL | Full Time
$77k-101k (estimate)
3 Weeks Ago
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Credit and Collections Manager
$77k-101k (estimate)
Full Time | Durable Manufacturing 3 Weeks Ago
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FPM HEAT TREATING is Hiring a Credit and Collections Manager Near Village, IL

Job DescriptionWe are seeking a skilled Collection Manager to join our team. Coordinates and performs credit and collections functions for FPM Heat Treating. Responsible for conducting credit investigations for new customers and collection of all accounts receivable. Provides on-going analysis of key metrics for the department. Responsible for daily cash reporting of company bank accounts.
KEY RESPONSIBILITIES:
  • Establish and maintain effective collections with existing and new customers through a high degree of professionalism and excellent interpersonal/communication skills.
  • Assist the CFO with recommendations on credit application approval/denial based on research and analysis.
  • Reviews credit applications and establish lines of credit.
  • Conducts financial analysis including 3rd party report review.
  • Reviews collection reports to ascertain status of collection and balances outstanding ensuring the effectiveness of current collection policies and procedures and practices.
  • Conducts credit collections activities by prioritizing reviews for existing accounts, contact with sales and customers, coordinating with Customer Service, and ensuring that proper follow-up is done with errant accounts.
  • Reduce and maintain Daily Sales Outstanding to 45 days or better and Dollars Past 60 Days Due to less than $150k.
  • Supervise staff in cash application and collection tasks.
  • Ensure that all cash received is properly posted.
  • Coordinate monthly sales posting with senior accountant between Visual Shop invoicing system and Sage financial system.
  • Process credit memos and write-offs.
  • Maintain cash applications spreadsheet.
  • Provide assistance to senior accountant with cash account reconciliations.
  • Assist with transition of accounts and processes to new bank.
  • Other duties as assigned or as required by the job.
EDUCATION / QUALIFICATIONS / EXPERIENCE:
  • Previous credit and collections experience in a manufacturing environment.
  • Detail oriented.
  • Must possess good mathematical and analytical skills.
  • Must be computer literate and able to set-up spreadsheets and detailed reports.
  • Excellent communication skills, both oral and written.
  • Goal driven
We are an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.
Company DescriptionFPM is the premier thermal processing solution provider; through innovation, integrity, performance, and leadership in service to the metal industry and manufacturing community. FPM provides the highest standards of quality, customer satisfaction and employee pride.
FPM Heat Treating has a vision of providing unsurpassed service and quality heat treating to the manufacturing community. We are one of the largest independent commercial heat treat in Chicago - Rockford, as well as one of the largest in the nation. We have assembled a leading team of heat treating practitioners and metallurgists who understand how to control the many process variables to satisfy and meet the challenging OEM and Military/Aerospace specifications.
All locations are ISO 9001-2015 Certified and maintain full metallurgical laboratories to assist our customers with their technical requirements. FPM maintains a "small business" attitude by providing customers with personal attention. Our state-of-the-art information systems allows us to efficiently integrate and coordinate our services to meet the specific business requirements of our customers. FPM will always be easy to do business with responsive, efficient and professional service.
FPM is the premier thermal processing solution provider; through innovation, integrity, performance, and leadership in service to the metal industry and manufacturing community. FPM provides the highest standards of quality, customer satisfaction and employee pride. FPM Heat Treating has a vision of providing unsurpassed service and quality heat treating to the manufacturing community. We are one of the largest independent commercial heat treat in Chicago - Rockford, as well as one of the largest in the nation. We have assembled a leading team of heat treating practitioners and metallurgists who understand how to control the many process variables to satisfy and meet the challenging OEM and Military/Aerospace specifications. All locations are ISO 9001-2015 Certified and maintain full metallurgical laboratories to assist our customers with their technical requirements. FPM maintains a "small business" attitude by providing customers with personal attention. Our state-of-the-art information systems allows us to efficiently integrate and coordinate our services to meet the specific business requirements of our customers. FPM will always be easy to do business with responsive, efficient and professional service.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Durable Manufacturing

SALARY

$77k-101k (estimate)

POST DATE

05/10/2024

EXPIRATION DATE

07/30/2024

WEBSITE

fpmht.com

HEADQUARTERS

ELK GROVE VILLAGE, IL

SIZE

200 - 500

FOUNDED

1979

CEO

WILLIAM KOZIEL

REVENUE

$10M - $50M

INDUSTRY

Durable Manufacturing

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About FPM HEAT TREATING

FPM is a leading provider of heat treat processes serving the Greater Midwest Region for over 25 years. FPM has grown to be one of the nation's largest commercial heat treating companies. Despite our size, FPM has maintained a "small business" attitude, by providing personal attention from our knowledgeable sales staff, highly skilled metallurgical personnel, and caring customer service group. FPM offers a wide variety of heat treating processes; serving the needs of over 3,000 customers and meeting the most challenging OEM and Military-Aerospace specifications. We serve all segments of the Gr...eater Midwest manufacturing community including; automotive, construction and agricultural equipment, appliances and consumer products, general construction fasteners and building products, machinery components and tooling. We have developed a strong niche in providing outsourced heat treating to many companies that previously operated their own internal heat treat operations. These undertakings have involved entire operations, as well as, providing a significant source of back-up/over-flow heat treating capacity. With our multiple plant locations and strong trucking infrastructure we are able to provide seamless, efficient processing of customer orders. More
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