Sargento Foods Inc. Looking for Credit Supervisor at Plymouth, WI  Full Time

Your Story.

Supervises the daily Accounts Receivable functions of timely and accurate processing of cash applications to customer accounts, collection of outstanding receivables balances (open invoices), and processing of invoices, debit, and credit memos. Responsible for the daily banking reconciliation and reporting processes. Provides thorough credit investigations and recommends credit worthiness of new and existing accounts.

Your Passion.Our Culture.

At Sargento, you work for a company you believe in, with a family of people who believe in you. Our culture stems from a simple premise: Hire good people and treat them like family. At Sargento, you can make decisions based on how they affect people as well as the long-term health of our company. You will be encouraged to make a meaningful difference in the community, in the company and in your career. With diverse experiences and tools to learn and develop, you can transform your aspirations into reality. If you’re ready for the right place to belong and grow your career, you can find it here.

Benefits that set us apart.

• Comprehensive medicalincluding Fertility, Adoption benefits, Dental, and Vision Insurance
• Flexible Work Week
  • Hybrid work schedule – Onsite Tuesday – Thursday with the option to work remotely Monday and Friday
  • Compressed work week – Option of day Friday
• Onsite Health & Wellness Center: includes a nurse practitioner, licensed physical therapist, dietitian, personal trainer, and health coach, care coordinator and work-life mentor
• Employer 401K contribution in the top 1% of the nation
• Relocation Assistance
• Tuition Assistance
• Access to Employee Store

What You Do.

General / Regular Processing

• Leads the Credit and AR Team to incorporate best practices within the Collections and Accounts Receivable field in order to secure payment of open invoices for all Corporate entities and Divisions under Sargento Foods Inc. including Sargento Transportation, LLC.
• Investigates and verifies the financial status and reputation of prospective customers applying for credit. Prepares documents to substantiate findings, performs ratio analysis of financial information, and provides recommendation for the approval or rejection of the credit account.
• Ensures Credit risk is mitigated while supporting profitable sales by monitoring existing customer accounts and performing credit account reviews according to the established Credit Policy.
• Mitigates Credit risk while supporting profitable sales by monitoring existing customer accounts, addressing Terms & Conditions Issues, escalating credit concerns with upper management, and performing credit account reviews according to the established Credit Policy.
• Mitigate the accounts receivable exposure risk on customer accounts by reviewing and clearing orders on credit hold by securing payment or negotiating other arrangements that will mutually benefit Sargento Foods and the customer.
• Evaluates and communicates risk for Current and New Suppliers to the Strategic Sourcing Team.
• Coordinates the Offer to Cash process for Cash In Advance (CIA) customers. Communicates selling terms, provides Proforma invoice and collects payment. Communicates with internal stakeholders, Sales, Logistics, Production, Shipping to ensure product doesn’t ship until payment is received.
• Manages the day-to-day cash position of the company ensuring that cash is fully utilized while obligations are met. This process includes running reports, reconciling daily banking activities, preparing spreadsheets, preparing activity drafts and providing the daily cash position reporting.
• Validates and setups ACH/Wire payments for payroll, Tax and other miscellaneous requests while ensuring appropriate approvals are obtained.
• Prepares and disseminates monthly collection reports to ascertain the status of collections and balances outstanding and evaluate the effectiveness of the results.
• Uses data and analytics to drive process and performance improvement within the accounts receivable function and individual team members.
• Produces timely responses to verbal and written requests to provide trade reference requests and Statements of Account from other companies and our credit reporting agencies.
• Affirms customer credit files are maintained and updated according to our record retention policy, including customers’ financial statements.
• Ensures excellent customer service with prompt and courteous responses to internal and external customers. Collaborates with the appropriate personnel in Sales, Customer Service, IT, Logistics and Accounting to resolve customer inquiries and issues.
• Participates in the Audit responsibilities for the Accounts Receivable area.
• Engages with Leadership and utilizes extensive experience to support, develop and implement Credit policies.
• Attends Treasury and Credit Industry meetings and conferences to keep up to date with current trends in the field.
• Serves as back up for the Sr Offer to Cash Manager.
• Serves as back up for invoice processing for Sargento Foods and Sargento Transportation LLC as needed.
• Maintain strong proficiency in Microsoft Excel and SAP.

Analytic Support / Process Improvement

• Maintains up to date job responsibilities SOPs.
• Responds to and organizes documentation supporting both internal/external audit requests.
• Assists the Sr. Offer to Cash Manager with identifying and implementing Accounts Receivable process improvements and any associated system enhancements.
• Assists with related special projects as needed.

Your Education and Experience.

• Bachelor’s degree in finance or accounting
• 3-5 years in related experience
• Credit Professional and Professional Collector certifications preferred

Our Story.

With over 2,400+ employees and net sales of $1.8 billion, Sargento Foods is a family-owned company that has been a leader in cheese for more than 70 years. We created the world’s first, successful pre-packaged sliced and shredded natural cheeses. Sargento is based in Plymouth, Wisconsin, where we manufacture and market shredded, sliced and snack natural cheese products, as well as ingredients and sauces. Sargento is known for the exceptional quality of our products and for product design, packaging and merchandising innovations that have transformed our industry.

To learn more about our culture and values, please visit our website at.

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Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
Sargento Foods Inc. is an equal employment opportunity employer and will give all qualified applicants consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status or any other characteristic protected by law.