Manage the Credit and Collections department, which consists of a Manager and various Collection Analysts.
Manage the development of the Credit Collection tool, CARIXA.
Define the performance appraisal process for the Credit Collection team adopting appropriated ratios like DSO, DDO, and CEI; ensure each collector is meeting their monthly collections goals in conjunction with cash forecast.
Manage all aspects of Factoring with Credit and Accounting teams; coordinate all factoring issues with Parent company. Ensure team is promptly collecting from factored accounts.
Prepare monthly and weekly cash forecast projections and explanations for variances. Coordinate projections with department heads for material cash requirements.
Manage implementation of Group cash management tool.
Manage the Accounting department.
Manage staff to ensure, and assist with, timely and accurate submission for financial, tax, and audit due dates.
Oversee and ensure timely and accurate reporting of Trial Balance, Intercompany Balances, and other supplemental reports (rollforwards, footnotes) to Parent Company in the Group financial reporting system.
Review and approve Licensor packages in accordance with contract terms and ensure compliance with Licensor contracts, including timely and accurate reporting.
Work closely with Parent Company Legal department to ensure all contractual requirements for Accounting department are met and fulfillment of Licensor special requests are approved.
Approve reconciliation of annual sales, royalty, and advertising royalty reporting vs G/L balances actual versus minimum analysis.
Manage Licensor audits, as occur.
Assist actively in annual budget and forecast preparations.
Assure the timely and accurate Tax reporting and analysis with the support of Tax consultants.
Manage relationship with bank service providers.
Oversee corporate credit card program and expense reporting program.
Ensure team's compliance with filing of monthly, quarterly, and annual sales tax returns in conjunction with third party service provider.
Ensure team's compliance with filing of censuses and governmental license renewals, as required.
Review policies and ensure team's Desktop procedures are updated.
Prepare and issue the Team's annual performance reviews and provide feedback, as needed. Train and develop staff, including preparation of individual annual goals in compliance with corporate objectives.
Serve as backup for Sr. Director of Accounting and ensure Accounting team is adequately cross-trained.
Other ad hoc projects, as requested. Education:
BA in Accounting CPA a plus Experience & Background:
10-15 Years practical experience in Accounting and Treasury functions
5+ Years experience managing a Credit & Collections department