Ny Metro Area

The Accounts Receivable/Credit Supervisor reports to the Controller and is responsible for managing the accounts receivable and credit function within the organization’s established policies.

Responsibilities include:

• Establish and review credit limits for both new and existing accounts by analyzing customer annual financial reports, quarterly and regulatory filings (as available), debt service rating and other reporting tools.
• Ensure sound decisions are made regarding the releasing/holding of customer orders based upon credit limit review and financial condition of the account.
• Establish and develop collection agency relationships and processes, while monitoring agencies for performance and cost-effectiveness.
• Ensure the receivables portfolio is maintained within satisfactory company and industry standards (Dso invoices = 50 days, Dso chargebacks = 30 days)
• Perform cash application of payments. Prepare bank deposits and ensure cash application into the Piteco & Oracle systems. Research chargebacks to resolution and prepare documentation for approval of credit notes when valid.
• On-going communication (by email and phone) with customers to facilitate collection of balances
• Ensure credit terms are adhered to work with customers to resolve all financial issues. Set payment schedules in accordance with company policy.
• Reconcile customer accounts.
• Create and maintain up to date and complete customer files.
• Meet with Sales Team and Controller on a monthly basis to review the Aging report.
• Respond to retail credit card chargeback inquiries within specified timeframes and coordinate with store level personnel to resolve chargebacks.
• Continuously seek ways to drive efficiency within the department.
• All other Ad Hoc functions.

Reporting:

• Weekly Wholesale Cash Inflow Flash/Projection Report
• Weekly Credit Hold Report
• Monthly Closing – Accounts Receivable Aging Report – with calculation & initial proposal of Bad Debt Reserve (including reserve for chargebacks) and recommendation of monthly accrual; Ar Risk Analysis; Statements to Customers
• Yearly: A/R Confirmations
• Ad Hoc Reporting

Experience & Key Competencies:

• Degree in accounting or finance
• Background in Accounts Receivable or Credit & Collections
• Industry knowledge of Kpi’s in both the areas of Accounts Receivable and Collection
• Experience with major department stores
• Experience with Credit Monitoring Agencies
• Experience working with Collection Agencies
• Knowledge of general accounting procedures
• Excellent attention to detail & accuracy
• Excellent interpersonal and communication skills (verbal and written)
• Excellent organizational, problem solving and decision-making skills
• Proficient in computer applications
• Excellent negotiation skills
• Ability to multi-task and prioritize

At Capri, we are all responsible for creating a diverse and inclusive workplace. We try to inspire change and growth within each other and believe success is a result that comes from our differences. Capri is proud to be an equal opportunity employer committed to inclusivity regardless of age, sex, sexual orientation, gender identity, genetic characteristics, race, color, creed, religion, ethnicity, national origin, alienage, citizenship, disability, marital status, military status, pregnancy, or any other legally-recognized protected basis prohibited by applicable law.