Credit Coordinator I Job at Regal Rexnord
Regal Rexnord Corporation (“Regal Rexnord”) is a leading manufacturer of electric motors, electrical motion controls, power generation and mechanical power transmission products and sub-systems, serving customers around the world in the general industrial, consumer, commercial construction, food & beverage, and alternative energy end markets, among others. Regal Rexnord sells its products and solutions to OEMs, through distributors, and directly to end-users. With the announcement of the acquisition of Altra Industrial Motion, a ~$2B global business with 9,000 associates, focused on Power Transmission and Factory Automation products, Regal Rexnord will become a $7.3B company with 36,000 associates globally.
You may not know it, but Regal Rexnord impacts your life every day. The company’s products enable the fans in HVAC systems that keep us comfortable; the power source that keeps smart buildings running; the agricultural and food service equipment that keeps us fed; and the conveyer systems that keep e-commerce flowing, to name a few of the applications where our products are used.
Regal Rexnord’s business purpose is to create a better tomorrow by energy-efficiently converting power into motion. This means creating innovative solutions while focusing on both customer needs and the company’s commitment to sustainability. The company’s industrial powertrain and automation solutions offerings are an important part of the company's growth strategy. The company’s strategy includes leveraging 80/20 to prioritize all activities, including product excellence, operational excellence and commercial excellence (i) driving organic sales growth through the introduction of innovative new products, with a particular focus on improving energy efficiency, (ii) establishing and maintaining new customers, as well as developing new opportunities with existing customers, (iii) participating in higher growth end markets and geographies, and (iv) identifying and consummating strategic, value creating acquisitions.
Scope of Leadership Role
Commercial Accounts Receivable collections in a fast paced, shared service, goal oriented collections department. Individual should be a self-starter with willingness to work in a team environment.
This role will involve communicating with customers, inside and outside sales, sales management and finance. This is a hands-on role that the individual will be responsible for timely collections of the customers in their defined portfolio.
Individual will work with Collection Supervisor to achieve their metrics and work together to resolve customer issues.
Key Responsibilities
- Contact customers to negotiate payment for receivables
- Accountable for maximizing collections and reducing delinquency for assigned accounts in portfolio
- Review orders on credit hold and determine appropriate action
- Maintain excellent notes and records of collection efforts
- Evaluate customer accounts with supervisor to determine best course of action to be taken
- Advise internal and external customers of necessary actions for debt repayment
- Follow credit and collection policies and procedures
- Perform various administrative functions as assigned within the department
PROFESSIONAL EXPERIENCE/QUALIFICATIONS
- Minimum 2 years commercial collection experience
- Associate’s Degree in Business or Accounting desirable
- Excellent verbal and written communication skills
- Knowledge of billing and collection procedures
- Ability to work in multiple ERP systems
- Ability to prioritize time and work quickly through your portfolio
- Strong Microsoft Windows and Microsoft Office skills
- Commitment to excellent customer service
- Strong problem solving skills with attention to details
Regal Rexnord is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex/gender, sexual orientation, gender identity, age, ancestry, national origin, marital status, citizenship status (unless required by the applicable law or government contract), disability or protected veteran status or any other status or characteristic protected by law. Regal Rexnord is committed to a diverse and inclusive workforce. We are committed to building a team that represents diverse and inclusive backgrounds, perspectives, and skills.
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