Manager, Us Credit And Account Receivables

Job Description
The Financial Shared Services Manager US Credit and Accounts Receivables will manage the team performance of the credit, audit, reporting, and cash application functions within the United States. Support relationships and engage in effective communication with our internal and external customers. Set and achieve credit &
cash goals. Provide performance reporting to management and identify areas of concern, with suggestions for improvement on a timely basis. Demonstrate working knowledge of credit-related issues and business interests of customer portfolio. Continuous leadership and involvement on departmental projects, cross functional teams and business projects which may include Sarbanes-Oxley, Payment Card Industry and Audit.
Responsibilities:
Manage ongoing credit risk of an assigned customer credit portfolio of ~$19B.
Independently review accounts that are in financial jeopardy. Monitor industry trends, proactively identify potential risks relating to portfolio, and escalate as needed. Implement plans with approval/review of Manager.
In-depth knowledge of credit principles, practices, and regulations, with the ability to apply sound judgment in complex credit scenarios.
Provide credit risk ratings, financial notes and credit limit recommendations that help stakeholders fully understand their risk / reward decisions of approval.
Facilitate timely and appropriate resolution of emerging issues through the involvement of internal stakeholders (Credit &
Collection teams, Sales, Finance, Legal, etc.) as required.
Manage a team of direct reports (1-3 people) responsible for overall credit decisions &
recommendations, including granting timely credit when necessary to avoid credit holds.Assure the quality, soundness, and timeliness of all financial analysis, and the credit approval processes.
Ensure the team adheres to company policies and procedures. Ensure staff understands and complies with OEC and Sarbanes-Oxley requirements. Recommend and implement enhancements to department policies and procedures.
Build and develop relationships with the Customers, Sales Team and other functional partners.
Present and report monthly performance against budget/target with supporting analysis and raise any issues or problems that need to be discussed. Provide clear leadership and guidance for the team in any ad hoc projects as they may arise, ensuring the business needs are met, with minimum disruption to the day-to-day duties and performance of the department. Interact as needed with Business Process Outsourcer regarding cash application. Manage audit interaction for the department with internal and external auditors.
Participate /lead /drive to conclusion in process improvements and projects involving multiple functions, analyze results, prepare, and present recommendations to management. Failure to achieve results may result in adverse impact on customer relationships, loss of cash flow to AbbVie, or audit issues. Thorough conceptual understanding of systems, processes, policy &
Procedures. Maintain system information while ensuring account data integrity and customer/client satisfaction.
Performs related duties as assigned.