Financial Manager

Graybar Electric Company, Inc. Dublin , CA 94568

Posted 7 months ago

Graybar is looking for talented, enthusiastic people to help us maintain the highest levels of customer satisfaction in every area of our business. We are a Company that recognizes talent and provides the opportunity for training and development for your career growth.

Purpose

  • Support profit center sales and profitability initiatives through the extension of customer credit and management of accounts receivable portfolios, consistent with overall Company guidelines and under the supervision of the Director of Finance.

Responsibilities

  • Evaluate creditworthiness of new and existing customers, authorize and monitor customer credit limits, and credit-approve sales orders in accordance with delegated limits of authority and overall Company credit policies.

  • Manage the accounts receivable portfolio of assigned profit center(s) through timely collection follow-up with customers, resolution of disputes, and enhancement of cash flow within established days sales outstanding (DSO) and delinquency guidelines.

  • Establish and maintain customer relationships in support of both sales and credit management initiatives.

  • Coordinate with Director Finance, Corporate Legal Department, outside counsel, or collection agencies, as necessary, on asset-recovery strategies and tactics.

  • Assist profit center management in the review and negotiation of contract and purchase order terms and conditions.

  • Protect and enhance profit center profitability through the administration of appropriate cash discount and service charge programs.

  • Establish and maintain procedures to maximize secondary job protection (Mechanics Liens, Payment Bonds, etc.).

  • Keep profit center management, Area Financial Manager, and Director Finance informed on matters related to customer accounts and credit trends within the assignment or territory.

  • Assist in the evaluation of unapproved suppliers, and ensure customer satisfaction prior to payment of unapproved suppliers.

Requirements

  • Minimum of 3 years of experience required: Financial Manager IV or equivalent

  • Four-year degree required: Business Degree; Major in Finance preferred

Knowledge, Skills, Abilities

Knowledge

  • Knowledge of general business principles

  • Knowledge of intermediate to advanced corporate finance

  • Knowledge of commercial legal principles

  • Knowledge of accounting and financial reporting

Skills

  • Analytical skills

  • Decision making skills

  • Verbal and written communication skills

  • Negotiation skills

Abilities

  • Ability to handle difficult situations

  • Ability to manage and prioritize multiple tasks

  • Ability to supervise one or more direct reports

  • Ability to function and make decisions both individually and within a team environment

Working Conditions

Traditional office environment. Frequent travel required.

This job description is intended to describe the general nature and level of work performed by individuals occupying this position of employment. It is not intended to be construed as an exhaustive list of all duties, responsibilities, and skill required of all individuals assigned to this job title. Management reserves the right to modify all or part of this job description at its discretion in order to meet location requirements, staffing levels, and/or any other needs of the business. All of the essential functions of the job, as defined by the Americans with Disabilities Act and/or equivalent state law, may not have been described. All requests for reasonable accommodation(s) will be reviewed and evaluated on a case-by-case basis.


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Financial Manager

Graybar Electric Company, Inc.