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Credit and Collections Manager

Date: Mar 29, 2021

Location: Wauwatosa, WI, US, 53222

Company: Briggs and Stratton

Position Description

Manages credit risk for customers, distributors and dealers across all Briggs & Stratton entities. Oversees all aspects of customer financing, providing credit to customers by offering flexible credit options structured to support market share while protecting the company's investment in accounts receivable. Focuses on mitigating financial, country and currency risk while maintaining a high quality of accounts receivable.

Job Responsibilities

  1. Manages the accounts receivable processes for global business working with Sales to maximize revenue while making prudent credit decisions and protecting investment in accounts receivable
  2. Monitors and assesses aging for all global business units; reports monthly to Senior management on trends, areas of risk, compliance with policies and foreign regulations
  3. Sets strategy for the course of accounts receivable and ensures risk is mitigated for past due, distressed or over limit situations so as to improve the quality of the company's investment in accounts receivable and to mitigate bad debt loss
  4. Analyzes aging, reviewing customer liquidity and solvency and recommends allowance and coordinates legal collection process
  5. Monitors and analyses all collection and reconciliation processes working closely with Finance, Sales, Logistics and Operations
  6. Reviews and approves requests for credit lines and payment terms for new and existing customers
  7. Develops and ensures compliance with global credit and collection policies  
  8. Performs full range of managerial responsibilities which may include but not be limited to: interviewing, hiring, coaching and developing employees; planning, assigning and directing work; EEO/AA, performance management, department budget
  9. Performs other duties as assigned

Job Skills Requirements

  • Possesses full knowledge of financial risk control and collection processes
  • Excellent financial and credit analysis skills with proficient ability to read and interpret financial statements and analyze financial data including income statements, balance sheets, statement of cash flow and pro forma
  • Strong analytical abilities which enable critical, time sensitive decisions for complex problems
  • Ability to develop more sophisticated methods of compiling and analyzing accounts receivable data and suggest improvements to current systems and procedures
  • Ability to negotiate highly complex issues with strong customer service without compromising the company's financial objectives
  • Excellent verbal and written communication skills with the ability to communicate with customers and staff effectively and at all levels
  • Fluent in English and primary language used in area of responsibility and/or location


Bachelor's Degree in Business or related field, or equivalent education and experience

Experience Requirements

  • Minimum of seven years of experience in diversified accounting, credit or accounts receivable, or related field
  • Prior supervisory and management experience prefered
  • Prior SAP experience preferred
  • Prior project management experience prefered

Physical & Environmental Requirements


Nearest Major Market: Milwaukee

Job Segment: Performance Management, Human Resources