What will you work on?

The Credit and Collections Specialist will administer collections of outstanding accounts and related collections functions, which will result to maximazing incoming cash, low DSO and minimal bad debt.  

How will you create impact?

• Identify, investigate and recommend action concerning overdue accounts

• Collection activity over the phone and email.

• Communicate with the Sales department concerning resolution of accounts outstanding after a predetermined period following invoicing

• Investigate and secure payment arrangements with customers which are suitable and realistic to both parties

• Reconcile major customer accounts on a regular basis

• Identify and send issues related to customer deductions/short payments to the deductions department.

• Follow up promptly on A/R inquiries from other areas of the company

• Send statements where required by the customer

• Communicate with the New Accounts department to ensure that customers are setup correctly.

• Creating orders and invoices related to Royalties.

• Approve sales orders in accordance with company guidelines

• Answer all accounts receivable related inquiries promptly and efficiently

• Printing and mailing of all customer invoices where applicable, ensure transmission of invoices via customer web applications, EDI, email.

• File all related documentation according to internal narratives, providing information to external auditors where required.

• Responsible for the full accounts receivable ledger for customers including monthly closing activities and accruals posting (AFDA, shipped-unbilled items)

• AR aging report and Balance Sheet Reconciliation

• Escalation to and communication with 3rd party collection agency

• Following up on requests regarding legal action or administration.

• Providing accurate information for the cash flow forecast

• Responding to any billing queries from the team

• Running reports and checking unbilled and not invoiced items regularly

• Other duties as required or assigned

How will you fit into the team?

This position reports to Manager, Credit and Collections.

List direct reports to this position: N/A.

What are your skills and experience?

• Related education preferred

• A minimum of 2 years related experience in a mid to large sized company

• Experience with Consumer Goods/ Retail Industry prefer

• Strong computer skills in MS Office and an enterprise reporting system, SAP and advanced Excel experience would be an advantage

• Strong accounting, analytical, and problem solving skills

• Excellent communications skills (both written and verbal) in English and Italian

• Shows initiative and attention to detail

• Ability to work in a fast paced environment

• Ability to stay calm in stressful situations

• Ability to Multi-task

• Works well with a team or independently

Add Hashtag *e.g. LI-Hybrid and #Spinmaster is hiring…. #LI-MK1

The anticipated pay for candidates starts on 1700 Eur [Per Month]. The offered pay to a successful candidate will be dependent on several factors that may include but are not limited to years of experience within the job, years of experience within the required industry, education, etc.

This job posting is tied to an open vacancy.

What you can expect from us:

Our mission is to Make Life More Fun with a vision to push the boundaries of innovation, creativity, and fun.

• Growth and Career Opportunities

• Flexible Work Hours

• Innovation, Collaboration and Fun

• Comprehensive Benefits

• Other fun Perks!

What’s it like to work here?

Spin Master is a fast-paced, hands-on organization that provides many great opportunities for impactful decision-making; though our challenging start-up atmosphere isn’t for everyone, we have a proven record of opportunities for future advancement and internal transfers for our passionate and results driven team.

Everyone is welcome in our sandbox and we are committed to an accessible and inclusive hiring process that provides reasonable accommodation to all applicants.

Spin Master strives to create an accessible and inclusive application and selection process and is committed to working with and providing reasonable accommodation to job applicants who may require provisions to participate in the recruitment, selection and/or assessment processes. Should you require an accommodation, please contact our Talent Acquisition team, by email at [email protected] and we will work with you to meet your accessibility needs.

We do appreciate all interest; however only those selected for interview will be contacted.