Financial Services Manager

Arrow Electronics, Inc. · Greater Denver Area

Company

Arrow Electronics, Inc.

Location

Greater Denver Area

Type

Full Time

Job Description

Position:
Financial Services Manager
Job Description:

The Sr. Manager, Financial Services reports to the Director, Financial Services, and leads the credit and collections team that supports Arrow Electronics North America. The team manages accounts receivables, extending credit and collecting outstanding AR effectively managing and protecting the integrity of the company's accounts receivable. The ideal candidate will be a team player with strong analytical and problem-solving skills, a drive for innovation and a focus on operational excellence.
This position will follow a hybrid schedule of 3 days in our office (Tuesdays, Wednesdays, and Thursdays) based in Centennial CO and 2 days from home.
What You'll Be Doing

  • Lead a team of approximately 6-8 credit and collection professionals that are responsible for the management of credit quality and cash collections while maintaining strong relationships with our customers
  • Ensure appropriate application of policies and procedures
  • Review and approve proposed customer credit limits.
  • Act as an advisor and escalation point for credit underwriting, collections activities, and order release
  • Negotiate and resolve difficult repayment issues with delinquent customers
  • Lead quarter end close as it pertains to AR, aging and reserve review activities.
  • Establish strong, positive relationships with customers' finance leadership.
  • Partner with, and act as the credit and AR SME for internal customers including sales, finance, operations, treasury, accounting, audit
  • Represent Financial Services Group in executive reviews, external audit discussions, and sales meetings
  • Support team members' performance and growth through mentoring, training, performance reviews and providing career development opportunities
  • Lead/participate in special projects as assigned, both within the department and as part of the broader organization
  • Back-up and support Director as needed.


What We Are Looking For

  • Bachelor's or advanced degree in Accounting, Finance or Business Administration
  • 7+ years of commercial credit and collections experience
  • 7+ years of people management experience
  • Experience working with the government at any level, federal highly preferred
  • Deep experience in and understanding of financial analysis and credit decisioning. Able to quickly and concisely make recommendations for approvals above incumbent's credit authority.
  • Well developed negotiation skills and ability to gain customer agreements in workout arrangements.
  • Knowledge of collections law, bankruptcy law, credit reporting agencies, and credit trade organizations (NACM).
  • Advanced in Microsoft Office, especially Excel.
  • Well developed written and verbal communication skills


The Skills That Will Help You Succeed Even More:

  • Experience within electronics and/distribution industry
  • Experience working with multiple different business units at the same time
  • Strong problem solving skills
  • Ability to prioritize work in a fast paced environment
  • Experience talking with people at the c-suit level
  • Experience working with customers outside US and Canada


What's In It for You
At Arrow, we recognize that financial rewards and great benefits are important aspects of an ideal job. That's why we offer competitive financial compensation, including various compensation plans, and a solid benefits package.

  • Medical, Dental, Vision Insurance
  • 401k, With Matching Contributions
  • Short-Term/Long-Term Disability Insurance
  • Health Savings Account (HSA)/Health Reimbursement Account (HRA) Options
  • Paid Time Off
  • Tuition Reimbursement
  • Growth Opportunities
  • Discounted RTD Passes, with convenient office location off RTD Light Rail (Dry Creek Exit)
  • On-site Café with Catering Option for Busy Lifestyles
  • 24/7/365 On-site Gym and Lockers, Free for Use to All Employees!
  • Bike Racks
  • And more!


#LI-CB1
Annual Hiring Range/Hourly Rate:
$111,900.00 - $157,300.00
Actual compensation offer to candidate may vary from posted hiring range based upon geographic location, work experience, education, and/or skill level. The pay ratio between base pay and target incentive (if applicable) will be finalized at offer.

Location:

US-CO-Denver, Colorado (Panorama Arrow Building)

Time Type:

Full time
Job Category:

Accounting/Finance
EEO Statement:
Arrow is an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, gender, age, sexual orientation, gender identity, national origin, veteran or disability status. (Arrow EEO/AAP policy)

Apply Now

Date Posted

12/24/2023

Views

23

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