Badger Meter is a leading global water technology company, with a mission to preserve and protect the world’s most precious resource. For more than 100 years, cities and businesses have utilized our innovative and trusted solutions to enhance operational efficiency and conserve water while making it more affordable, clean and resilient. Just like every drop counts, at Badger Meter every employee counts because our contributions have a lasting impact on the world!
What You Will Contribute:
The Credit Manager is responsible for managing trade accounts receivable and the extension of credit for the US operations, and indirectly for all other subsidiaries. You will implement collection policies as established by Company guidelines, while focusing on minimizing financial risk.
Job Duties:
Direct and supervise the credit department function which includes evaluating, establishing and implementing sound credit and collection procedures for all customer accounts.
Minimize financial risk through application of sound credit and collection procedures as established by the Company, ensuring favorable cash flow.
Evaluate overdue customer accounts and initiate appropriate collection procedures.
Maintain strong communication with customers and internal departments, including sales staff, distributor network, finance, legal counsel, and customer service on status of past due accounts. Maintain communications with manufacturing to determine shipping schedules in terms of hold status, cash in advance, and customer returns.
Analyze customer financial risk to establish customer payment terms and credit limits to assure that they are within the Company’s policy and risk profile.
Establish sources where reliable credit information and collection services may be obtained.
Negotiate settlements, propose settlements or collections from customers, attorneys, collection agencies or other credit organizations necessary to accomplish this purpose, and determine when accounts require services outside of the Company or further legal action.
Actively assist credit team in account review and investigation for significantly past due or difficult accounts, including communication with customers and other internal or external stakeholders.
Complete quarterly analysis and estimation for any bad debt accruals.
Manage a team of analysts performing customer collections and cash application.
Perform all personnel functions related to and required by this managerial position including the selection, counseling, motivating, training, and development of employees, evaluation of performance and recommendations for salary or promotional increases.
Perform other related duties as requested.
Education and Experience:
Bachelor's degree in finance, business administration, accounting, or a related field required
7+ years of related experience in credit or a related field desired
Qualifications:
Advanced knowledge of infor LX, Oracle, and Salesforce preferred
Advanced knowledge of Excel required
Basic knowledge of Microsoft Office products required
Competencies:
Strong communication skills for all levels of the organization.
Continuous improvement mindset.
Effective at making decisions with the support of data.
Ability to filter through data sets to understand transaction flow and solve customer account issues.
Working Conditions:
Work is performed in an office environment and requires the ability to operate standard office equipment.
Requires prolonged periods of talking/listening.
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Competitive Total Rewards at Badger Meter:Competitive Pay
Annual Bonus
Eligible for Annual Pay Increases
Comprehensive Health, Vision, and Dental Coverage
15 days Paid Time Off + 11 Paid Holidays
Two Ways to Save for Retirement: Badger Meter contributes 25 cents for every dollar you contribute to the plan, up to 7% of your eligible compensation. In addition to the match, the company will also contribute 5% of your eligible compensation to your Defined Contribution account on an annual basis. Additional access to a certified financial planner to help ensure your money is working for you, at no cost!
Employer Paid benefits including: Employee Assistance Program (EAP), Basic Group Life Insurance, Short Term Disability, and more
Educational Assistance – Tuition Reimbursement up to $5,250
Voluntary benefits including: Additional Life Insurance, Long Term Disability, Accident and Critical Illness coverage
Health Savings Account (HSA) & Flexible Spending Account (FSA) options
An Equal Opportunity/Affirmative Action Employer. This company considers candidates regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status. Applicants can learn more about their rights regarding equal opportunity in employment by viewing the federal "EEO is the Law" poster and the “EEO is the Law” poster supplement at http://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm
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