Credit Specialist

About the role

This Position Is Responsible For Acting as the Accounts Receivable liaison working with dealers, their respective banks, the Business Centers, MOPAR, Legal, Incentives, Fleet, Logistics and various other non-dealer customers
Supporting the sales function while collecting cash and managing the financial risk associated with selling goods and services
Managing and monitoring the day-to-day cash collection processes for assigned “lines of business” (vehicles, MOPAR parts, supplier and dealer loans, etc.)
Investigating and resolving exceptions to standard cash collection processes and coordinating timely issue resolution with internal and external partners
Performing customer credit reviews to determine creditworthiness and recommending/setting credit limits and payment terms in alignment with policy and risk appetite
Reporting on the status of customer accounts (including past-due trends, key issues and action plans) and supporting monthly/periodic Credit Committee materials as needed
Collaborates regularly with IT to enhance systems, resolve technical issues, and support continuous process improvements
Supporting customer-related activities such as buy/sells, terminations, finance holds, banking data updates, new customer set-up, deferred terms requests and payment plan options
Accounts Receivable budgeting, forecasting, actuals, variance explanations, month-end ledger activity, audit requirements and SOX compliance

Responsibilities

• Understanding of the markets, brands, dealer network, production plan and logistics of vehicles
• Understanding of vehicle and MOPAR part sales processes and related A/R cycles
• Cash flow and financial statement analysis to assess customer credit-worthiness
• Budgeting, forecasting, actuals/variance explanations / SOX compliance for assigned processes
• Basic Qualifications: Bachelor's degree or higher in Finance or Accounting or related, Minimum 5 years experience in Finance or Accounting, Effective communication skills and ability to work cross-functionally with business partners and external parties, Strong systems background (SAP, Excel, mainframe)
• Preferred Qualifications: Master of Business Administration, CPA and/or CMA, Knowledge and understanding of financial statements, Effective problem solving and analytical skills, Prior Credit/Collections experience

Qualifications

Basic Qualifications: Bachelor's degree or higher in Finance or Accounting or related, Minimum 5 years experience in Finance or Accounting, Effective communication skills and ability to work cross-functionally with business partners and external parties, Strong systems background (SAP, Excel, mainframe)

Skills

Basic Qualifications: Bachelor's degree or higher in Finance or Accounting or related, Minimum 5 years experience in Finance or Accounting, Effective communication skills and ability to work cross-functionally with business partners and external parties, Strong systems background (SAP, Excel, mainframe)

Benefits

Our Benefits — Designed With You In Mind
Comprehensive Health & Well-being Coverage
Family Building Benefit
Generous Paid Time Off
Competitive Retirement Savings Plans
Income Protection & Insurance Options
Company Vehicle Lease Program
Tuition reimbursement
Student loan refinancing programs
18 paid volunteer hours each year to make a difference in your community