Job Description

The Client:

Our client specializes in providing engineering solutions primarily for the minerals sector. Their expertise lies in designing, manufacturing, and servicing mission-critical equipment for mining and mineral processing. This group is dedicated to enhancing the efficiency and longevity of mining operations by offering innovative products and services that cater to the unique challenges of the minerals industry. Their offerings range from equipment that handles slurry transportation to those that assist in ore processing, ensuring optimal performance and reduced downtime for their clients.

The Role:

The Sr AR and Credit Analyst manages the AR tasks for Canada. They also work with shared services, credit, collections, and other areas. The role aims to enhance how customer accounts are managed. They decide on credit limits, handle collections when needed, and talk to relevant business sections about the accounts.
The person in this position supervises daily tasks and the broader objectives of the accounts receivable process. This includes managing, maintaining, and shaping all related procedures and steps for collecting owed amounts.

The Responsibilities:

AR Management:

• Produce month-end financial summaries.
• Generate routine reports on aging, overdue balances, and collection results.

Credit Management:

• Set and adjust credit limits.
• Conduct credit checks and analyze financial statements to determine credit amounts.

Collaboration & Communication:

• Work closely with staff, sales teams, and customers to address overdue payments.
• Relay changes in customer credit scores to relevant business departments.

Collections:

• Handle collections for larger accounts.
• Supervise general collections group activities.

Payment Oversight:

• Monitor customer payments, including trade dues, progress payments, and credit letters.
• Establish monthly cash targets, factoring in due invoices, disputes, WCAP targets, and payment terms.

Invoice & Reporting:

• Review project invoices for milestone achievements before dispatching to clients.
• Generate reports on outstanding items and overdue customer payments.
• Confirm and modify sales department\'s reported figures for new orders.

Operational Support:

• Assist the business services team with prompt cash allocation.
• Update customer payment records upon receipt of funds.
• Manage export sales order shipments.

Audit Assistance:

• Support audits by providing needed documentation

The Qualifications:

• Minimum 3 years experience within AR, Credit, and Collections
• Bachelors degree in: Business Administration, Commerce, Accounting, etc.
• Experience setting credit limits for small and large accounts
• Ability to analyze a financial state, ment if needed to determine credit worthiness
• Experience overseeing a an AR department in a Sr (non-management) seat. Creating reports, implementing procedures, collections of large accounts, etc.
• Strong internal / external communication skills. Communicating with both executives and non executive members of different business units. Communicating with customer base directly.

Mandatory Software Skills:

• Microsoft Excel: Pivot Tables, V/H Lookups
• SAP

Assets:

• Strong financial analysis skills
• Strong business acumen with the ability to read into the story/meaning behind the numbers
• French / English bilingualism is a strong asset

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