Job description
Mission-Driven. Honor-Bound. Fairbanks Morse Defense. What’s your calling? For the men and women of Fairbanks Morse Defense it’s the rapid and effective support of the fleets that entrust us to design, develop, and deliver the best naval power technology on the planet. We’re one of the nation’s leading marine defense contractors because of the highly trained and dedicated teams that provide reliable power systems, parts, and aftermarket services to the U.S. Navy, Coast Guard, Military Sealift Command, and Canadian Coast Guard. When you join Fairbanks Morse Defense, you join a legacy of commitment that spans 150 years. Fairbanks Morse Defense offers competitive benefits with a wide range of training and development opportunities. Our world-class teams are dedicated to helping every individual achieve their full potential. Discover what it’s like to be a part of the Fairbanks Morse Defense team here: https://www.fairbanksmorsedefense.com/careersSummary
This position is a key member of the Fairbanks Morse Services (FMS) Finance team. The Credit Supervisor oversees the Accounts Receivable (A/R) function for FMS which includes processing of customer invoices and credit memos for goods and services on a timely basis. He/she oversees accurate processing of invoices and collections. The supervisor delivers and drives collections based on metrics and target setting. He/she will be actively involved in managing the monthly financial close process for these areas, ensuring deadlines are met while maintaining appropriate internal controls. Assisting with internal and external audits of policies, procedures and overall financial statements will be a key role.
Principle Duties and Responsibilities
- Oversees A/R function for the Fairbanks Morse Services division.
- Prepares, records, verifies, analyzes and reports accounts receivable transactions, and posts customer payments on a timely basis. Ensures timely collection of cash receipts from customers. Handles collection accounts that have escalated from the A/R colleagues.
- Provides regular customer account status reports as well as A/R aging reports and DSO reporting.
- Ensures that accounts receivable policies and procedures are followed; ensures external and internal controls and policies are adhered to.
- Oversees potential problem accounts and sends follow-up correspondence. May produce reports of accounts that are in arrears and analyses of bad debt. Reviews and monitors credit sources, credit files, customer applications and delinquent accounts.
- Indirectly supervises personnel who monitor and resolve customer deductions in a timely manner.
- Assist with month-end close.
- Establish new customer credit profiles and conduct annual reviews on existing customer accounts
- Ensures compliance with GAAP, Sarbanes-Oxley (SOX) and other regulatory requirements; identifies and implements process improvements for accounting policies related to A/R to ensure they are reviewed annually
- Assist with annual financial audits and functions for SOX compliance
- Builds effective cross functional relationships through peer collaboration; develops a team environment that ensures alignment to organization goals, objectives, and values
- Leads in a manner that supports FMD’s values of Integrity, Velocity and Teamwork
- Bachelor’s degree in Accounting or Finance or related field required
- Three+ years’ experience in a similar accounting role required
- Supervisory experience is preferred
- Knowledge of government payment systems is a plus (WAWF, etc.)
- Must possess strong analytical, problem-solving, negotiation, organizational, and technical skills
- Strong attention to detail, ability to make sound/quality decisions
- Ability to multi-task in a fast-paced environment
- Proficiency in use of an ERP computer software package
- Proficient in MS Office applications (Outlook, Word, Excel, PowerPoint)
- This position includes access or potential access to export-controlled data. Therefore, you will need to qualify as a U.S. Person, which is defined as a U.S. Citizen, a U.S. Permanent Resident or a political asylee in compliance with International Traffic in Arms Regulations (ITAR) or the Export Administration Regulations (EAR). Acceptable proof of this status includes a US Passport, Permanent Resident Card, US birth Certificate or Naturalization Certificate. Maintenance, including renewal, of licensing authorization is a condition of employment. Government authorization may be a suitable alternative after review on a case- by-case basis.
Fairbanks Morse Defense offers a competitive benefits package including but not limited to, medical, dental, vision, life, and disability insurances, and 401k retirement plan with employer match. In addition, we offer paid time off, paid holidays, paid parental leave, and tuition reimbursement.
Equal Opportunity Employer/Veterans/Disabled
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