Accounts Receivable / Credit Coordinator

About OTB Group

OTB is an international fashion group comprising the iconic, unconventional brands Diesel, Jil Sander, Maison Margiela, Marni and Viktor&Rolf. It also controls the Staff International and Brave Kid companies and holds a stake in American brand Amiri. OTB – short for "Only The Brave" – believes in the possibility of pushing beyond the frontiers of fashion and style to support the creativity of international talents and express in full the innovative spirit and uncompromising courage of its founder and chairman, Renzo Rosso. With more than 6,000 employees worldwide, the Group is founded on a digital approach centred on the consumer, a concrete long-term commitment to the creation of a sustainable, technologically driven business, and close attention to social issues through the OTB Foundation.

Job Summary

The main focus of this job role is the performance of activities directly related to supporting the Credit department in all credit procedures and policies; approve new accounts opening; evaluate the risk exposure and approve credit and gross order book limits & payment terms; monitor DSO; support the wholesale growth making terms recommendation to the Director of Credit of any bad debts analysis; Responsible for achieving annual and monthly targets and goals; ensure accurate cash posting; resolve customer discrepancies; work closely with the Sales, Warehouse and Customer Service department to solve issues related to collections; ensure chargeback resolutions; in regulatory compliance; and similar activities.

Job Description

Role and Responsibilities

Credit Risk

Adhere to policies and procedures on the control and safeguarding of company assets.
Improves DSO, to reduce costs and increase efficiencies
Management over designated account portfolios
Approves or declines requests for credit lines with approval of Credit Director
Provide max order book recommendation by customer before each sales campaign
Monitor and assess the risk level
Corresponds with past due accounts to expedite payments.
Monitors daily holds/reorder reports and releases orders if necessary

Chargeback

Cash application
Prepare the correct chargeback bookings by reason code in order to give a correct picture of the different category of chargeback.
Reconcile chargebacks from customers

Sales Team Partnership

Aligns and communicates with sales people regarding customers on hold
Bi-weekly meetings with sales team regarding past due accounts and chargebacks

Fiscal Administration

Provides monthly financial results to Credit Director
Prepare reports for management including D2 and One Page Report
Performs all other duties assigned.
Prepare seasonal clothing allowance statements and follow up on collections
Prepare end of year clothing allowance file for tax purposes
Send EDI and ASN transmission and non Edi transmissions
Move invoices from Stealth to SAP
Credit card processing

Preferred Skills

3+ years Finance/Collections/Chargeback background.
2+ years in a similar experience dealing with brand relevant
Experience in a Retail, wholesale or consumer products environment organization of $100m+
2+ yr SAP experience
Strong IT systems and PC software skills

Salary Range: $60k-$65k

The salary range depends on several factors such as experience, skills, and education.

#OTB #LI-AR #LI-HYBRID

Location:

New York, US

Employment Type: Full time

Function: Finance and Administration

Seniority: Professional