Strategic Accounts Receivable Analyst

Company:  Regal Rexnord
Location: Milwaukee
Closing Date: 21/10/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description
Scope of Role:
Reporting to the Collections Manager, the Strategic Credit Analysts will be a key contributor managing receivables for a select group of strategic customers. The individual in this role will be a key partner of the Sales and Commercial teams helping ensure timely payment of Receivables and mitigating any risk. This role will be highly visible to Segment leaders (CFO, Sales VP, etc) and be expected to lead and contribute to AR initiatives.
Primary Duties and Responsibilities
Customer Contact and Negotiation
  • Engage with customers to negotiate payment for receivables.
  • Analyze customer payment processes to identify and implement improvements.
Collections Management
  • Maximize collections and reduce delinquency for assigned strategic accounts.
  • Review orders on credit hold and determine appropriate actions.
Relationship Building
  • Build strong relationships with strategic "A" customers and collaborate with sales teams.
  • Facilitate bi-monthly meetings with strategic "A" customers.
Cross-Functional Communication
  • Communicate effectively with cross-functional teams to drive efficient workflows and processes.
Performance Tracking
  • Establish KPI metrics to measure and track performance of past due invoices and collectible claims.
  • Provide bi-monthly KPI reports to Sales Management.
Record Keeping
  • Maintain detailed notes and records of collection efforts.
  • Advise internal and external customers on necessary actions for debt repayment.
Administrative Functions
  • Perform various administrative tasks as assigned within the department.
Professional Experience/ Qualifications
  • 5+ years of commercial collections experience preferred
  • Bachelor's Degree in Business, Finance, Accounting (Or other related field) or equivalent experience.
  • Advanced knowledge and experience with billing and collection procedures
  • Experience working in SAP, Oracle, or other large scale ERP's preferred.
  • Advanced Microsoft Excel skillset. Experience with PowerBi preferred.
  • Ability to prioritize and manage a complex portfolio in a fast-paced environment.
  • Advanced complex problem-solving skills with a strong attention to detail
Benefits
  • Medical, Dental, Vision and Prescription Drug Coverage
  • Spending accounts (HSA, Health Care FSA and Dependent Care FSA)
  • Paid Time Off and Holidays
  • 401k Retirement Plan with Matching Employer Contributions
  • Life and Accidental Death & Dismemberment (AD&D) Insurance
  • Paid Leaves
  • Tuition Assistance

About Regal Rexnord
Regal Rexnord is a $6.5B publicly held global industrial manufacturer with 30,000 associates around the world who help create a better tomorrow by providing sustainable solutions that power, transmit and control motion. The Company's electric motors and air moving subsystems provide the power to create motion. A portfolio of highly engineered power transmission components and subsystems efficiently transmits motion to power industrial applications. The Company's automation offering, comprised of controls, actuators, drives, and precision motors, controls motion in applications ranging from factory automation to precision control in surgical tools.
The Company's end markets benefit from meaningful secular demand tailwinds, and include factory automation, food & beverage, aerospace, medical, data center, warehouse, alternative energy, residential and commercial buildings, general industrial, construction, metals and mining, and agriculture.
Regal Rexnord is comprised of three operating segments: Industrial Powertrain Solutions, Power Efficiency Solutions, and Automation & Motion Control. Regal Rexnord has offices and manufacturing, sales and service facilities worldwide. For more information, including a copy of our Sustainability Report, visit RegalRexnord.com.
Equal Employment Opportunity Statement
Regal Rexnord is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex/gender, sexual orientation, gender identity, age, ancestry, national origin, marital status, citizenship status (unless required by the applicable law or government contract), disability or protected veteran status or any other status or characteristic protected by law. Regal Rexnord is committed to a diverse and inclusive workforce. We are committed to building a team that represents diverse and inclusive backgrounds, perspectives, and skills. If you'd like to view a copy of the company's affirmative action plan or policy statement, please email If you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application, please e-mail
Equal Employment Opportunity Posters
Notification to Agencies : Please note that Regal Rexnord Corporation and its affiliates and subsidiaries ("Regal Rexnord") do not accept unsolicited resumes or calls from third-party recruiters or employment agencies. In the absence of a signed Master Service Agreement or similar contract and approval from HR to submit resumes for a specific requisition, Regal Rexnord will not consider or approve payment to any third-parties for hires made.
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