Finance

Cash Collections Specialist

Product Portfolio

This position will support three Business Units within Sandvik’s portfolio – SigmaNEST, GibbsCAM and Cimatron.

SigmaNEST is a leading provider of innovative end-to-end CAD/CAM software solutions to help professional fabricators increase ROI by optimizing material utilization, machine motion, manpower, and data management.

GibbsCAM designs, develops and delivers CAM software with a proven track record of productivity gains and is firmly positioned as a leading CAM innovator in the manufacturing and manufacturing industries.

Cimatron provides toolmakers with an integrated CAD/CAM solution for the design and manufacture of plastic injection molds and sheet metal stamping dies, as well as programming 2D to 5-Axis milling CNC machines.

About the Role

We are seeking an experienced Cash Collections Specialist. The Cash Collections Specialist is responsible for managing and optimizing the international accounts receivable processes for a group specializing in the sale of industrial software. He/she works closely with financial, sales, and legal teams to ensure healthy cash flow and minimize the risk of bad debts.

Key Responsibilities

• Accounts Receivable Management:
  • Establish and maintain relationships with clients to ensure timely payments.
  • Analyze client accounts and identify high-risk receivables.
• Strategy and Optimization:
  • Develop and implement effective collection strategies.
  • Optimize collection processes to improve payment times and reduce overdue receivables.
  • Utilize NetSuite to track and manage receivables.
• Coordination and Collaboration:
  • Collaborate with sales teams to resolve disputes and negotiate payment plans.
  • Work in coordination with legal teams to manage contentious cases.
  • Regularly communicate with management on the status of receivables and collection performance.
• Reporting and Analysis:
  • Prepare regular reports on key performance indicators (KPIs) related to collections.
  • Analyze client payment trends and propose corrective actions.
  • Participate in financial audits and provide necessary information.
• Compliance and Regulation:
  • Ensure compliance with local and international regulations regarding collections.
  • Implement internal policies in line with current laws and standards.

Required Skills

• Technical:
  • In-depth knowledge of international accounts receivable practices.
  • Proficiency in receivables management software and reporting tools.
  • Analytical skills to interpret financial data and payment trends.
• Personal:
  • Excellent communication and negotiation skills.
  • Ability to work under pressure and manage multiple tasks simultaneously.
  • Strong organizational skills and attention to detail.
• Languages:
  • Proficiency in English. Knowledge of other languages is a plus.

Education and Experience

• Degree in finance, accounting, business administration, or a related field (or equivalent experience)
• Minimum of 4 years of professional experience in a similar role, preferably in an international environment and in the industrial software sector.
• Experience in cross-functional project coordination.

Location

• Hybrid

#Li-Hybrid

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