Accounting Manager Transactional

MODINE MANUFACTURING COMPANY • Racine, WI • 3h ago

JOB REQUIREMENTS: For more than 100 years, Modine has solved the
toughest thermal management challenges for mission-critical
applications. Our purpose of Engineering a Cleaner, Healthier World
means we are always evolving our portfolio of technologies to provide
the latest heating, cooling, and ventilation solutions. Through the hard
work of more than 11,000 employees worldwide, our Climate Solutions and
Performance Technologies segments advance our purpose with systems that
improve air quality, reduce energy and water consumption, lower harmful
emissions, enable cleaner running vehicles, and use environmentally
friendly refrigerants. Modine is a global company headquartered in
Racine, Wisconsin (U.S.), with operations in North America, South
America, Europe, and Asia. For more information about Modine, visit
modine.com. Position Description This leadership position oversees all
accounting related to Accounts Payable and Credit & Collections for
Performance Technologies\' North American business. Responsibilities
include staff supervision, process oversight and improvement, credit
risk analysis and accounting control compliance. Our transactional
environment is housed in SAP and features multiple ancillary software
applications. This role interacts with many internal and external
customers, and requires effective communication across multiple levels
of the organization. Key Responsibilities Lead and mentor transactional
staff of roughly seven people (four of which are direct reports) Drive
continuous improvement of A/R and A/P processes and tools Ensure
compliance with documented accounting controls Oversee new and existing
customer credit limits and payment terms: Analyze creditworthiness
through use of credit rating reports, credit applications, purchase
order reviews, and company financial statement analysis Minimize bad
debt losses through effective credit limit and payment term management
Collaborate with commercial teams to facilitate sales growth while
mitigating credit risk Initiate credit holds, letters of credit and
cash-in-advance credit terms when appropriate Coordinate customer aging
reviews and corrective action plans. Lead root cause analysis and
remediation of any process deficiencies driving aged receivables. Drive
resolution of customer payment discrepancies through collaboration with
Sales, Warranty, MP&L and others as appropriate Oversee the bad debt
reserve and write-off processes Maintain A/R sub-ledger system in SAP,
including testing and approval of software... For full info follow
application link. Modine is an Equal Opportunity Employer and Welcomes
all Qualified Applicants! EOE/Minorities/Females/Vet/Disability 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. *** APPLICATION INSTRUCTIONS: Apply Online:
ipc.us/t/8BD6B15D514849B0

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