Credit Intern

Modine Manufacturing Company; Racine (WI); On-site; USD 21,000 - 32,000; Full time

Benefits offered by this job

Health insurance

Employee Assistance Program

401k with company match

Life Insurance

Health Savings Account (HSA) withemloy

Flexible Spending Accounts (FSA)

Short Term Disability

Long Term Disability

Tuition Reimbursement

Job summary

Modine Manufacturing Company seeks a Credit Intern to support the Accounts Receivable team. The role focuses on accuracy of cash entries, contacting customers on past due accounts, and reviewing customer credit information to aid the credit department.

Key duties include reconciling payments, obtaining documentation for timely payments, setting up customer master data, and assisting with credit limit proposals based on creditworthiness and financials. Exposure to SAP is preferred.

Qualifications

• Actively pursuing a degree through an accredited business program.
• Accounting or comparable finance experience preferred.
• Work effectively with internal and external peers.
• Excellent written and verbal communication skills.
• SAP experience preferred.

Responsibilities

• Ensure customer payments are received on time through account reconciliation on customer web sites and proactive review of invoice aging.
• Obtain supporting documentation required by customers to ensure on-time payment on open receivables.
• Assist in setting up customer master data in alignment with customer contractual terms.
• Manage the customer debit resolution process by proactively working with internal team members, Inside Sales, Outside Sales, Warranty, Plant Personnel, and others as applicable.
• Propose new customer credit limits and payment terms by analyzing credit worthiness and company stability through use of D&B reports, credit applications, purchase order reviews, and company financial statement analysis.
• Perform cash application and clearing entries daily.
• Assist in special projects as assigned.

Skills

Written and verbal communication

Team collaboration

Education

Pursuing a business degree

Tools

SAP

Job description

Backed by more than a century of engineering excellence in thermal management technology, Modine has sharpened its focus as a specialized leader in commercial HVAC and data center solutions into a new era. Throughout this evolution, our dynamic and collaborative culture, driven by our talented people, has propelled us to the forefront of the industry on a new frontier. At Modine, we foster an environment of entrepreneurship and ingenuity, empowering our team to continually drive innovation. Joining Modine means unlocking meaningful career growth, continuous development, and high-impact opportunities.

The answer is clear: your next opportunity starts here. Transform the future with us.

For more information about Modine, visitmodine.com.

Position Description

With supervision, The Credit Intern will support the Accounts Receivable Team. This position is responsible for accuracy of cash entries, contacting customers when past due and reviewing customer credit information. This position contributes to the overall effectiveness of the credit Dept.

Key Responsibilities

• Ensure customer payments are received on time through account reconciliation on customer web sites and proactive review of invoice aging.
• Obtain supporting documentation required by customers to ensure on‑time payment on open receivables.
• Assist in setting up customer master data in alignment with customer contractual terms.
• Manage the customer debit resolution process by proactively working with internal team members, Inside Sales, Outside Sales, Warranty, Plant Personnel, and others as applicable.
• Propose new customer credit limits and payment terms by analyzing credit worthiness and company stability through use of D&B reports, credit applications, purchase order reviews, and company financial statement analysis.
• Perform cash application and clearing entries daily.
• Assist in special projects as assigned.

Required Education & Qualifications

• Actively pursuing a degree through an accredited business program
• Accounting or comparable finance experience preferred
• Work effectively with internal and external peers
• Excellent written and verbal communication skills
• SAP experience preferred

Why Choose Modine?

Health & Well-being:

• Day One
  • Competitive health, dental & vision insurance coverage
  • Employee Assistance Program
• After 90 days of continuous employment
  • Maternity Leave (12 weeks at 100% pay)
    • 8 weeks of short term disability leave paid at 100%
    • 4 weeks of paid parental leave paid at 100%
  • Paternity Leave (4 weeks at 100% pay)

Financial Benefits:

• 401k Retirement plan and company paid match
• Life Insurance
• Health Savings Account (HSA) with employer contribution
• Flexible Spending Accounts (FSA)
• Short Term Disability (company paid)
• Long Term Disability

Work-Life Balance:

• Competitive time-off policies
• Tuition Reimbursement

To view full benefits information:MyModine Benefits

Modine is 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, veteran status, or any other characteristic protected by law. Modine provides a competitive benefit package, which could include paid vacation, short term disability, 401(k), health, dental, vision, life insurance, flex spending benefits, tuition reimbursement, Health Savings Account and much more. Human Resources will provide more detail upon your hiring.

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This position is not eligible for any form of sponsorship (e.g. OPT or H1B visa status) now or in the future. Only individuals authorized to work in the United States now and for the foreseeable future will be considered for this position.