Financial Services Manager

Financial Services ManagerValiant Products Corporation is a premier nationwide player in the procurement and manufacturing of Hotel FF&E (furniture, fixtures and equipment) and is seeking a Financial Services Manager to join our team! Objective:The Financial Services Manager (FSM) plays a key role in the success of the Company by protecting the Company’s financial interests in our transactions with our customers. Through strong negotiation skills, strategic thinking and excellent communication, the FSM works with our customers (hotel managers, management company executives and owners) on the financial side of the transaction to assess credit risks, develop suitable payment / credit arrangements that work for both the customer and the Company, file legal documents, and collect delinquent accounts. Our transaction sizes vary, ranging from thousands of dollars to millions of dollars. An effective FSD is vital to our team as we continue to grow in the industry, providing significant impact to the Company’s bottom line and reporting directly to the Company’s President. Company Values:WE DO THE RIGHT THING – We operate with integrity and make choices we can stand behindWE WORK TOGETHER – Collaboration and respect among all team members is vital to our successWE MAKE IT HAPPEN – We are problem solvers and innovative thinkers who exceed expectationsWE LEAD WITH AUTHENTICITY – We are positive and keep things in perspective Key Responsibilities:Financial Approvals / Payment and Credit AgreementsWork with our customers creatively at the management, executive and ownership levels to negotiate credit and payment terms that facilitate credit approval of sales orders while minimizing risk to the Company.Assess credit risk by analyzing all aspects of the business transactionReview credit worthiness of customers via review of credit applications, bank references, trade references, past history and credit reports such as Experian, D&B, LexisNexis, etcConsider down payment, progress payments, open account terms, security, payment in advance, and other means to limit the Company’s riskCommunicate clearly with the customer and prepare appropriate documents related to the agreement made with the customerPrepare and file relevant legal documents such as UCC filings, liens, etcGarner approval from President or CEO on certain orders as per the guidelines establishedEnsure timely receipt of deposits and progress payments as per the agreement with the customer.Revise agreements with customers if additional orders are placed prior to the completion of the current transaction cycle Management of Accounts ReceivableEnsure that Accounts Receivable are collected promptlyHandle incoming Accounts Receivable calls from customersFollow up with Sales Department on credits due to customers when the credit is causing a delay to the collection processWork out payment plans or other arrangements to facilitate the collection process when necessaryTurn over delinquent accounts to collection agency as per the guidelines established, monitor the progress of the agencyPrepare and file relevant legal documents such as UCC filings and liens according to guidelines established Other DutiesReview credit reports, references and other financial information of the company’s vendors to determine their financial stabilityNegotiate the most favorable terms and fees with credit card processing companies, reporting agencies, collection agencies, and other companies required for the operation of the DepartmentDevelop procedures, policies and use of technology for the most efficient operation of the DepartmentRecommend revised or additional credit policies to President that will serve our customers and our risk tolerances effectivelyTrain other departments in relevant issues affecting credit approval and collection procedures to make inter-departmental efforts as efficient as possibleRun, review and prepare month-end customer statements, adding finance charges when appropriateReview AR reports with President and/or CEO as requestedPrepare special reports for specific accounts as requested by President and/or CEOReview the company’s compliance with applicable credit and collection laws, PCI, etcBecome a leader within the companyOther duties as assigned by the President or CEO Qualifications:Outstanding negotiation skillsSignificant experience in commercial credit approval and analysisKnowledge of credit approval methodology, strategy, letters of credit, the UCC, liens, and the law as it relates to credit practicesSkilled with Excel, Word and ERP systemsDegree in Accounting, Business or Finance is a plusCBF or CCE certification is a plusA command of details, excellent follow up, superior organizational skillsHigh-level verbal and written communication skillsHighly developed problem resolution skills Anticipated salary range for the position:$85,000.00 - $100,000.00, but will be based on experience, industry knowledge, education, abilities and other applicable factors. Performance-based bonus plan may be established in the future. Benefits:Nice location in suburban office parkPaid Time Off – Vacation, Sick Time, Floating Holidays401(k) planMedical planDental planVision plan7 Major Holidays off with payCompany DescriptionValiant is a leading company in hotel FF&E (Furniture, Fixtures & Equipment), offering unmatched skills in procurement, interior design, project management and manufacturing for over 64 years. The company has a unique and fully integrated approach that combines expert knowledge, manufacturing of key product groups, and strategic vendor partnerships that guarantee superior value to our customers. We value our team members and provide a positive environment with opportunities for advancement!

Salary : $85,000 - $100,000