- Pay
- €3,000–3,600/mo
- Where
- Bratislavský kraj, Slovakia
- Level
- Mid
Please Note: If you are a current Spin Master employee with access to Workday, apply to this job via the Workday application.
Are you a kid at heart looking to build a career with a leading global children's toy, entertainment and digital gaming company?
At Spin Master, our unwavering commitment to open mindedness, integrity and innovation is a great part of what has made us an industry leader. How do we stay ahead of the pack? By hiring the best and brightest minds—and that’s why we want you!
Job Description:
What will you work on?
Reporting to the Director, Credit Collections and Accounts Payable – Europe ANZ, this role is responsible for overseeing Credit Management and Collections for Europe, Australia, and New Zealand. The Manager, Credit Collections, is responsible for leading regional teams to ensure efficient and compliant financial operations, optimizing cash flow, mitigating credit risk, and driving process improvements across the Order-to-Cash (O2C) function.
The main functions of this position are:
A. Management of Oder-to-Cash process for Europe and Australia New Zealand to minimize credit exposure and maximize cash receipts.
B. Management of the Credit Collection/AR tasks related to Europe Australia and New Zealand.
C. Compliance and Risk Management
D. Team Development and Administrative Matters.
How will you create impact?
Management of Oder-to-Cash process for Europe to minimize credit exposure and maximize cash receipts: Management of the Order-to-Cash process for the region to minimize credit exposure, maximize cash receipts through strategic partnerships, collaboration and pro-active communication with Operations, Sales and Customers In co-ordination with Director, Credit Collections and Accounts Payable – Europe ANZ:
Establish country Annual AR Working Capital targets (DSO, Past Dues, etc), implement and maintain monthly reporting to monitor actual performance explaining major deviations (vs target and Prior Year), highlight risks and mitigating actions/recommendations.
Implement and drive team targets, performance measurement and reporting processes across all team.
Establish KPI’s and targets to optimize cash receipts and minimise AR working capital for the region Establish and maintain effective communication, collaboration, and working relationships with country and regional Commercial and Finance teams to support the business and business growth. Prepare and Analyse Financial Information and Reporting and provide to Spin Master management as required.
Management of the Credit Collection/AR tasks related to the region: Review, document and maintain records of customer payment terms of sale and allowances, ensure the customer set up in SAP is correct Identify, investigate and recommend action concerning overdue accounts Communicate with Customer Service/Sales departments concerning resolution of accounts outstanding after a predetermined period following invoicing Investigate and secure payment arrangements with customers which are suitable and realistic to both parties Reconcile major customer accounts on a regular basis Follow up promptly on A/R inquiries from other areas of the company Perform routine credit checks on new accounts and obtain supplementary information if required Approve sales orders in accordance with company guidelines Cash application in SAP Answer all accounts receivable related inquiries promptly and efficiently Printing and mailing of all customer invoices daily , ensure transmission of invoices via customer web applications File all related documentation Responsible for the full accounts receivable ledger for regional customers including monthly closing activities and accruals posting AR aging report, Allowances Management, Credit Notes approvals Other duties as required or assigned
Compliance and Risk Management
Carry out regular reviews of Regional Bad Debt Reserve in line with the Credit Policy and Risk Exposure. Ensure all…