Precor, a subsidiary of Peloton, has been a pioneer in delivering fitness experiences for commercial customers and exercisers for more than 40 years. Headquartered in Greater Seattle, WA, Precor serves more than 100 countries worldwide with offices in the Americas, EMEA, APAC and operates two US based manufacturing locations in Woodinville, WA and Whitsett, NC.Precor products and services span across all major categories, including cardio, strength, functional fitness, group training, and connected solutions. In 2020, Precor reached the milestone of recording one billion workouts in its Preva fitness cloud. That number represents more than 140,000 connected units in over 13,000 facilities. On average, Precor exercisers record more than 20 million minutes of workouts each day as recorded by the Precor digital platform Preva. Precor segments include commercial clubs/facilities and the verticals of Hospitality, Multi-family Housing, Corporate, and Education. For more information, visit Precor CareersWhy You Should Join the Precor TeamDynamic, forward thinking company leading the industry in product innovationRewards and recognition for superior performanceCollaborative environment fostering teamwork and accountabilityOpportunity to work for a company that positively impacts peoples livesExceptional benefits program including profit sharing, generous 401(k) match, and free on-site gym accessSuperior employee discounts on Precor products
What You'll Do:
**This position can be remote OR hybrid - in-person**About The Role:The Credit Manager, US (including APAC and LATAM) is responsible for managing the day-to-day Precor, Inc. credit and collections functions and reports to the Precor, Inc. Director of Global Credit. The position is accountable for executing the credit and collections policy, periodic credit reviews of existing customers, and the assessment of the credit worthiness of potential customers, to promote sales and earnings growth and limit bad debt losses; includes analysis of accounts receivable, level of overall risk, aging of accounts and collection procedures.The incumbent manages the Precor Inc. Credit and Collections team and interfaces with Amer Financial Shared Service ("AFSS") I2C team and credit and collections personnel located at the international subsidiaries. This position works closely with sales and accounting personnel and communicates extensively with Precor's dealer and customer network. You Will Be Responsible For: Customer Credit, Management of Credit Department, Management of International and Strategic AccountTake a lead role to gain cooperation and resolve issues that impact timely payment or customer satisfaction. Coordinate month-end close activities related to accounts receivable, including preparation of month-end reportsEvaluate potential new accounts, and establish credit availability limits for accounts that are approved.Continuously review the credit performance of customers and periodically update their credit limits using established guidelines. Approve or decline credit limit requests and communicate results promptly to necessary parties, following ECOA standards. Negotiate down payments and non-standard credit terms as necessary while preserving the customer relationshipDemonstrate flexibility and understanding in performing collection efforts while taking the steps necessary to ensure that cash flow and DSO goals are met.Manage department personnel, set objectives, assign tasks, and administer performance reviews and feedback for team members.Organize, direct, and monitor process workflow among the department, cross-functionally, and the shared service group to ensure process efficiency and internal/external customer satisfaction. Ensure adherence to the established credit policies in compliance with applicable legal standards, such as anti-trust and fair trade laws.Partner with internal departments as necessary to resolve business issues that may affect collection activities.Actively manage the Precor, Inc. international accounts, including order activity, collection of past due balances, and proper presentation of international banking documents, such as letters of credit and documentary collections.Manage higher risk and strategic accounts, including compliance requirements, dispute management, and periodic risk assessment of accounts within assigned portfolio.Actively pursue continuous improvement and ease of doing business to meet or exceed customer needs and further overall company goals and objectives. Strives for excellence in credit & collection systems, processes, and tools.Ability to act as SME for system implementations and assist with user testing scenarios
What We're Looking For :
To Be Successful in the Role You Will Have:Any equivalent combination of education and experience, which provides the applicant with the knowledge, skills, and abilities required to perform the job, will be considered.Bachelor's Degree in Business or Accounting and or equivalent accounting work experience.NACM credit certification preferred; CBA, CBF, CCE5-7 years commercial credit and collection experience. Preferably in a manufacturing or distribution environment.3-5 years experience leading and managing a team. Strong initiative - Willingness to partner on change and drive accountability and productivity.Technical agility; system process improvement, always looking for a better way.Demonstrated experience in the ability to deal with ambiguity and focus on conflict resolution.Excellent time management and planning skills; ability to prioritize and manage multiple tasks.Must be reliable with strong organizational skills and solution-oriented philosophy.Basic accounting knowledge (terminology, coding).Working knowledge and hands-on experience using integrated ERP systems (SAP preferred).Stay current with news and economic information and understand how that could impact our business and clients.Identify, analyze and resolve problems promptly.Escalate issues appropriately within the organization and ability to influence others to act accordingly.Develop strategies, action plans, and metrics to monitor results.Work in a team environment and interact effectively with customers, management, and sales teams.Make effective and persuasive arguments to resolve collection issues.Effectively communicate ideas to a wide variety of people.Listen to others and appropriately act on the information provided.Work in a fast-paced, changing environment.Use various computer programs and systems, at an advanced level, including: (SAP, Word, Excel, Email, Internet, databases, etc.).WORKING ENVIRONMENTNormal office conditions. The noise level in the work environment is usually quiet. PHYSICAL REQUIREMENTS Light physical effort in an office environment. Some lifting of parts/products may be required in the manufacturing areas. The physical demands are representative of those that an employee must meet to perform the essential functions of this job successfully. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.Light physical effort in an office environmentModerate computer use / data entry Must be able to lift up to 40 lbs.#L1-PC1DISCLAIMER: The above information is intended to describe the general nature and level of work performed by employees within this classification. It is not intended to be an exhaustive list of all duties and responsibilities required of the employee. Management reserves the right to amend and change responsibilities to meet business and organizational needs as necessary.All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation or gender identity, national origin, disability, or protected veteran status.DISABILITY ACCESSIBILITY ACCOMMODATION: If you require an accommodation to navigate or apply to our careers site, please send your request to: or call or .We maintain a drug-free workplace and perform pre-employment substance abuse testing and background verification checks.