For more than two centuries, people around the world have sought out Coats for its quality and product innovation. Whether your passion is sewing, crocheting, knitting, embroidery or crafts, creativity starts here. We are the world's largest textile company, with products sold in more than 150 countries.

We are 20,000 people working in 50 countries, in six continents around the world!

Role Purpose:

• Lead Account receivable team for MX an US
• Focused on complete, accurate and timely AR monthly targets
• Maintain accounts receivable control system aligned with internal policies and procedures.
• Partnering of commercial team to provide relevant insights and financial expertise (e.g., insights on actual performance) to support strategic planning and business decision-making across finance and commercial
• Partnering with FP & A team in planning, AR forecasting processes
• Mentor, motivate, and lead a winning Finance team.
• Collaborate with sales, customer service, finance, and executive team members to maintain the effective credit control and collection framework.

Principal Accountabilities and Key Activities:

• Improve accounts receivable KPI's such as DSO, overdue and bad debt.
• Continuous review of customer credit limits, avoiding company risks
• Customers communication management aligned with Commercial team
• Determine and compliance of collection targets in a monthly basis
• Perform continuous revision of customer accounts, validate they are properly updated
• Comply with polices issued by the group relating to the O2C process
• Ensure complete usage of SAP and avoid manual touch points to the extent possible (e.g. periodical customer statements, dunning statements)
• Manage and ensure local regulation compliance in O2C perspective for each country such as Taxes requirements
• Manage customer vetting procedures and approve credit master creation and update in CCMS (Customer Credit Management Solution)
• Make credit block release decision and processes governance on daily basis.
• Lead governance review on credit risk, collection performance and actions required to be taken to improve.
• Execute customer reconciliation meetings and determine proper follow up on next steps
• Drive and execute for continuous improvement initiatives on credit function effectiveness and efficiency in market level.
• Stakeholder management regarding debtor subject matters e.g. internal & external auditors, inquiry from PF&A & Senior executives, commercial terms negotiation support etc.
• Lead a small team of 10 members (including our SSC) to manage all defined O2C processes on timely manner in around 500 active customers

People Leadership

• Ensure effective preparation and implementation of development plans for Finance personnel
• Support the development of the engagement of the employees
• Training for the team (including SAP) for essential succession planning
• Execute continuous trainings to the AR team to develop internal skills

Education, Qualifications and Experience:

• Degree in Finance, Accounting, Economics or related area or Certified Public Accountant or Chartered Accountant or equivalent professional qualification
• Post-Graduate / MBA degree preferred.
• Multinational company experience preferred (world class internal control and compliance environment)
• Knowledge of local laws and regulations for MX and USA
• 5+ years' experience in Account Receivable for MX and US
• English proficiency
• Strong leadership history and ability to drive transformational change.
• Analytical, logical thinking skills
• Emotional intelligence
• Knowledge on SAP management system