Credit Manager

Safran S.A.; Carson (CA); On-site; USD 100,000 - 150,000; Full time

Job summary

Safran S.A. is seeking a Credit Manager for its Accounting/Finance team in the United States. The role focuses on analyzing credit requests, extending credit after cash flow review, safeguarding assets, and ensuring timely collection of past due accounts.

The Credit Manager reports to the Controller and will lead AR activities and credit risk assessments. The incumbent will manage risk via cash-flow analysis, produce forecast reports, review customer data, and support audits while maintaining

Qualifications

• Education: AA or Bachelor's degree in Business or Finance or job equivalent.
• Experience: 7+ years of experience in A/R procedures and credit analysis, with Management Experience.
• Strong knowledge of Microsoft Office (Word, Excel, PowerPoint)

Responsibilities

• Designate degree of risk involved in extending credit by performing cash flow analysis of businesses.
• Lead AR department to ensure department meets goals and oversee collections calls with Controllers and other key AR stakeholders.
• Regularly review customer master files to ensure up-to-date credit limits and terms and correct any data issues.
• Perform end-of-month AR closing procedures, including journal entries and AR reporting.
• Assist with company and customer audits.
• Respond promptly to customer inquiries and resolve issues affecting collectability.

Skills

Communication skills

Multi-project

Attention to detail

Education

AA or Bachelor's degree in Business or Finance

7+ years A/R experience with management

Tools

Microsoft Office

Job description

Here, we craft excellence together. Your mission? Making the journey the most enjoyable part of the trip.

Join our first-class team to reinvent in-flight experience. In the role of Credit Manager you'll play a pivotal part on our Accounting/Finance team. The Credit Manager is responsible for analyzing credit requests and extensions of credit through research and analysis of financial documents. The Credit Manager is responsible for safeguarding the company's assets and ensuring the timely collection of all past due accounts. This role reports to the Controller

This position contributes to our vision by:

1. Designate degree of risk involved in extending credit by performing cash flow analysis of businesses.
2. Report financial risks based on collection efforts. Prepare Monthly Forecast reports and evaluates forecast weekly to assess projections are in line with collection efforts
3. Complete thorough, in-depth analysis of new credit requests, credit change requests, renewals and annual relationship reviews. Recommend credit and compliance risk rating changes when analysis merits warrants an adjustment
4. Regularly review the customer master file to review credit limits and terms to ensure outdated information. Analyze customer accounts for errors.
5. Manage the accounts receivable (A/R) balance of various different reporting units. Serve as a lead for the AR department to ensure department meets goals. Lead Collection Calls with Controllers and other key AR stakeholders
6. Maintain on‑going relationships with large customers such as Boeing, Airbus, Delta, etc. Interact with customers and upper management to resolve collection, invoicing, cash posting, or other issues that affect the collectability of the items shown in the AR Aging. Contact internal and external customers to discuss accounts, document collection efforts, reports collection progress to management team. Respond promptly to customer and facility calls and/or emails, etc.
7. Analyze accounts for invoicing and cash entries showing on the aging and resolves complex problems to ensure prompt payment. Resolve issues affecting orders on hold and makes decisions on releasing holds
8. Perform end of the month Accounts Receivable closing procedures, including journal entries. Prepare and maintains various AR Reports, such as Bad Debt Analysis, Free Ship Set Report, Commission Calculation report, Spares Provision Reports, Forecasting reports, AR Collection Call Lists, Facility Report, Best Estimates Report, etc.
9. Assist with company and customer audits.
10. Perform other duties as assigned. Qualifications:

Qualifications:

Education: AA or Bachelor's degree in Business or Finance or job equivalent

Experience: 7+ years of experience in A/R procedures and credit analysis, with Management Experience

Computer Skills:

• Strong knowledge of Microsoft Office (Word, Excel, PowerPoint)

Other Skills:

• Effective oral and written communications skills
• Demonstrated ability to handle multiple projects and assignments with attention to detail

This job posting has been designed to indicate the general nature and level of work performed by an employee within this position. The actual duties, responsibilities and qualifications may vary based on assignment or group.