Accounts Receivables Manager - FASTENER DISTRIBUTION HOLDINGS LLC : Job Details

Accounts Receivables Manager

FASTENER DISTRIBUTION HOLDINGS LLC

Job Location : all cities,CA, USA

Posted on : 2024-11-16T08:15:41Z

Job Description :
FDH Aero is a trusted global supply chain partner for aerospace and defense companies. With more than 55 years of experience, it specializes in c-class components that include hardware, electrical, chemical, and consumable products and services for global OEM and aftermarket customers. At FDH Aero, we understand that the strength of our brand comes from our people, and our culture empowers every team member to contribute and grow. As a global team, our culture is rooted in five (5) core values that begin with the words We are and include: service-first, respectful, amplifiers, open-minded and accountable. FDH Aero is headquartered in Commerce, California, and has operations across the Americas, EMEA and APAC. FDH Aero has locations in 14 countries across the globe, with more than 1,200 best-in-industry employees and over 650,000 square feet of inventory space.For more information, please visit the FDH Aero website. FDH Electronics is seeking for an Accounts Receivable Manager within the Electronics Division, you will play a pivotal role in overseeing the Accounts Receivable function, ensuring timely and accurate collections, managing credit risk, and fostering strong customer relationships. Working within a specialized team, you will collaborate with cross-functional departments, including Sales, Finance, and Customer Service, to support financial objectives and maintain healthy cash flow essential for sustaining and expanding operations in the aerospace and electronics sectors.Responsibilities:
  • Lead and manage the end-to-end accounts receivable process, including billing, collections, cash applications, and reconciliations, to maintain accurate and up-to-date records of receivables
  • Evaluate and establish customer credit limits by assessing financial risk and conducting credit reviews for new and existing clients, ensuring alignment with the company's risk tolerance
  • Build and maintain strong relationships with key accounts, resolving issues related to payments, disputes, and other AR-related inquiries in a timely and professional manner
  • Monitor and analyze AR aging reports, identifying at-risk accounts and implementing proactive measures to reduce delinquency and improve DSO (Days Sales Outstanding)
  • Work closely with the Sales and Customer Service teams to align on customer accounts, ensuring transparency and consistency in account handling and resolution of invoicing disputes
  • Ensure compliance with company policies and procedures related to AR management, implement internal controls, and support audits as needed
  • Supervise, train, and mentor the AR team, fostering a collaborative environment and promoting continuous improvement in AR practices
  • Identify opportunities for process enhancements, including automation, to increase efficiency, accuracy, and reduce manual workload within AR operations
Basic Qualifications:
  • Bachelor's degree in Accounting, Finance, or a related field; CPA or CMA certification preferred
  • Minimum 5 years of experience in Accounts Receivable management
  • At least 2 years in a supervisory role; aerospace or electronics industry experience is a plus
  • Insightful, hands-on leader with strong leadership and communication skills
  • Highly skilled in engaging teams to deliver results in a rapidly changing environment
  • Strong project management leadership, knowledge, and skills, covering planning and execution, including ability to rapidly assess risk and identify/resolve issues
  • Excellent verbal and written communication skills
  • Must be computer savvy and learn company proprietary software programs
  • Advanced Excel skills (VLOOKUPs, conditional formulas, Pivot Tables, etc.)
  • Ability to meet deadlines quickly and accurately, multi-task, and work well under pressure with changing priorities
Job Type: Full TimePay: $98,600 AnnuallyFDH Electronics is an Equal Opportunity Employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by law.
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