Head of New Business Ventures/Development

Zeiss Group in; Princeton (NJ); On-site; USD 155,000 - 194,000; Full time

Benefits offered by this job

Medical Vision

Dental

401k Matching

Employee Assistance Programs

Vacation and sick pay

The list goes on!

Job summary

ZEISS is seeking a Senior Commercial Finance leader to own customer financing plans, accounts receivable and credit for the US business. You will drive end-to-end loan programs, ensure strict compliance, and provide independent credit input for deal approvals.

With 10+ years in commercial finance and a leadership track record, you will partner with Legal, Compliance, and Sales to optimize terms, reduce risk, and support major initiatives while developing the credit team.

Qualifications

• Ten or more years in commercial finance, corporate development or credit.
• Bachelor’s degree or higher.
• Experience leading credit and receivables with a sales team.
• Comfort working with Legal and Compliance on regulated structures.

Responsibilities

• Own the customer loan program end to end: origination, assessment, documentation, approval routing and portfolio monitoring.
• Operate the program within its compliance framework, including the mandatory compliance gate and written CFO approval on every loan.
• Ensure loans are clean seed capital with no linkage to purchase commitments or terms; avoid prohibited linkages.
• Own the US accounts receivable position: DSO, ageing, collections, and bad debt provision.
• Own the customer credit policy: limits, assessment criteria, payment terms, escalation path for breaches.
• Provide an independent credit view into deal approvals alongside margin-focused teams.
• Build and defend the business case for major initiatives and partnerships.
• Lead financial modelling for partnerships, tenders and new channels.
• Run post-investment reviews to ensure accountability for approved initiatives.
• Lead and develop the Accounts Receivable Supervisor and the credit team.

Skills

Customer financing

Accounts receivable

Credit policy

Financial modeling

Regulatory compliance

Education

Bachelor's degree or higher

Job description

About Us: How many companies can say they’ve been in business for over 179 years?! Here at ZEISS, we certainly can! As the pioneers of science, ZEISS handles the everchanging environments in a fast-paced world, meeting it with cutting edge of technologies and continuous advancements. ZEISS believes that innovation and technology are the key to a sustainable future and solutions for global change. We have a diverse range of portfolios throughout the ZEISS family in segments like, Industrial Quality & Research, Medical Technology, Consumer Markets and Semiconductor Manufacturing Technology. We are a global company with over 42,000 employees and have over 4,000 in the US and Canada alone! Make a difference, come join the team!

What’s the role?

Looks after customer financing plans, accounts receivable and customer credit, and other large-scale, complex business initiatives. The role carries the initiatives that do not sit inside the reporting or planning cycle, and owns the cash consequence of the commercial terms the business agrees. Sound Interesting?

Here’s what you’ll do:

• Own the customer loan program end to end: origination, assessment, documentation, approval routing and portfolio monitoring.
• Operate the program strictly within its compliance framework, including the mandatory compliance gate and the requirement for written approval from the Global CFO of ZEISS Vision Care on every loan regardless of size.
• Ensure loans remain clean seed capital with no linkage to purchase commitments or commercial terms, and elevate any proposed structure that would create such a linkage.
• Own the accounts receivable position for the US business, including DSO, ageing profile, collections performance and the bad debt provision.
• Own the customer credit policy: credit limits, assessment criteria, payment terms and the escalation path for accounts that breach them.
• Supply an independent credit view into deal approval, so that customer risk is assessed alongside deal margin by a team with no stake in the margin decision.
• Build and defend the business case for major initiatives, including investment cases going to the group.
• Lead commercial and financial modelling for partnerships, major tenders and new channel entries.
• Run post-investment review on completed initiatives so that commitments made at approval are held to account.
• Lead and develop the Accounts Receivable Supervisor and, through them, the credit team.

Do you qualify?

• Ten or more years across commercial finance, corporate development or credit, with exposure to structured customer financing.
• Bachelor’s degree or higher.
• Practical credit and receivables leadership: setting limits, running collections, and holding the position with a sales team that wants the order.
• Comfortable working with Legal and Compliance on regulated structures; familiarity with Anti-Kickback Statute constraints is a strong advantage.
• Proven ability to take an ambiguous initiative from idea to approved, funded and reviewed.
• Senior presence with customers and with the group finance organization.

The annual pay range for this position is $155,100 - $193,900. The pay offered for this role may be influenced by factors such as job location, scope of role, qualifications, education, experience, & complexity/specialization/scarcity of talent. This position is eligible for a Performance Bonus.

Benefits:

• Medical Vision
• Dental
• 401k Matching
• Employee Assistance Programs
• Vacation and sick pay
• The list goes on!

The above is intended to describe the general content of and requirements for this job. It is not to be construed as an exhaustive statement of requirements, duties, or responsibilities. The Company reserves the right to interpret, amend, or otherwise modify, in whole or in part, any job description at any time, at its sole discretion.

Your ZEISS Recruiting Team

Lindsay Walker Goodman Zeiss provides Equal Employment Opportunity without unlawful regard to an Applicants race, color, religion, creed, sex, gender, marital status, age, national origin or ancestry, physical or mental disability, medical condition, military or veteran status, citizen status, sexual orientation, pregnancy (includes childbirth, breastfeeding or related medical condition), genetic predisposition, carrier status, gender expression or identity, including transgender identity, or any other class or characteristic protected by federal, state, or local law of the employee (or the people with whom the employee associates, including relatives and friends).

Step out of your comfort zone, excel and redefine the limits of what is possible. That’s just what our employees are doing every single day – in order to set the pace through our innovations and enable outstanding achievements. After all, behind every successful company are many great fascinating people. In a spacious modern setting full of opportunities for further development, ZEISS employees work in a place where expert knowledge and team spirit reign supreme. All of this is supported by a special ownership structure and the long‑term goal of the Carl Zeiss Foundation: to bring science and society into the future together.

Diversity is a part of ZEISS. We look forward to receiving your application regardless of gender, nationality, ethnic and social origin, religion, philosophy of life, disability, age, sexual orientation or identity. Zeiss provides Equal Employment Opportunity without unlawful regard to an Applicants race, color, religion, creed, sex, gender, marital status, age, national origin or ancestry, physical or mental disability, medical condition, military or veteran status, citizen status, sexual orientation, pregnancy (includes childbirth, breastfeeding or related medical condition), genetic predisposition, carrier status, gender expression or identity, including transgender identity, or any other class or characteristic protected by federal, state, or local law of the employee (or the people with whom the employee associates, including relatives and friends).

Inspire people tomorrow.