Credit Specialist

This position is responsible for:

• Acting as the Accounts Receivable liaison working with dealers, their respective banks, the Business Centers, MOPAR, Legal, Incentives, Fleet, Logistics and various other non-dealer customers
• Supporting the sales function while collecting cash and managing the financial risk associated with selling goods and services
• Managing and monitoring the day-to-day cash collection processes for assigned “lines of business” (vehicles, MOPAR parts, supplier and dealer loans, etc.)
• Investigating and resolving exceptions to standard cash collection processes and coordinating timely issue resolution with internal and external partners
• Performing customer credit reviews to determine creditworthiness and recommending/setting credit limits and payment terms in alignment with policy and risk appetite
• Reporting on the status of customer accounts (including past-due trends, key issues and action plans) and supporting monthly/periodic Credit Committee materials as needed
• Collaborates regularly with IT to enhance systems, resolve technical issues, and support continous process improvements
• Supporting customer-related activities such as buy/sells, terminations, finance holds, banking data updates, new customer set-up, deferred terms requests and payment plan options
• Accounts Receivable budgeting, forecasting, actuals, variance explanations, month-end ledger activity, audit requirements and SOX compliance

• Understanding of the markets, brands, dealer network, production plan and logistics of vehicles
• Understanding of vehicle and MOPAR part sales processes and related A/R cycles
• Cash flow and financial statement analysis to assess customer credit-worthiness
• Budgeting, forecasting, actuals/variance explanations / SOX compliance for assigned processes

• Bachelor's degree or higher in Finance or Accounting or related
• Minimum 5 years experience in Finance or Accounting
• Effective communication skills and ability to work cross-functionally with business partners and external parties
• Strong systems background (SAP, Excel, mainframe)

• Master of Business Administration, CPA and/or CMA
• Knowledge and understanding of financial statements
• Effective problem solving and analytical skills
• Prior Credit/Collections experience