Job Description
T D K Corporation of America - Accounting Assistant- Accounts Receivable
Department: Business Administration & Planning
Job Status: Full Time
Location: Lincolnshire, Hybrid role (2 days per wk in office)
As a leader in the electronics industry, TDK Corporation of America offers everything from electronic components, materials and power supplies to factory automation systems, anechoic chambers, test systems and more. TDK is committed to technical excellence, steady growth and personal development. We value quality, customer service, positive attitudes, continuous improvement, and initiative! We provide competitive salaries and an excellent benefits package that includes medical, dental, life and disability insurance. We also offer a 401K plan with company match, a pension plan, paid time off, and more. TDK Corporation is an Equal Opportunity Employer.
Summary:TDK Corporation of America seeking an Accounting Assistant - Accounts Receivable for a position located in Lincolnshire, IL (Hybrid). Responsibilities for this role include managing daily cash application and customer inquiries. Responsible for relaying payment discrepancies to Sr. Credit Analyst. Assisting with credit memos and MRA’s.
Essential Functions;
- Review and analyze various Accounts Receivable reports including aging, unapplied cash, short pay, and open credit request status reports.
- Evaluate blocked orders and determine appropriate action: release, recommend credit hold, or negotiate plans of repayment that would optimize risk mitigation.
- Identify and manage credit risk by recognizing when additional credit analysis is necessary, raising the request with Controller, and providing appropriate background information. This includes managing account exposure to assigned credit limit and escalating where appropriate.
- Conduct daily account reconciliation include working with sales on pricing, system process, freight issues, analyzing and processing offsets, and write-off requests.
- Facilitate conference calls with Sales, customers, and other stakeholders to analyze data and reports to identify problems and resolve service issues.
- Collaborate with Sales to prepare and provide management with updates for monthly account reviews with leadership team and escalate for assistance as needed.
- Assist with process gap analysis within the Accounts Receivable department.
- Conduct daily collection calls to customers and sales representatives. Manage and monitor plans of repayment for delinquent accounts.
POSITION QUALIFICATIONS
Competencies required;
- Accuracy - Ability to perform work accurately and thoroughly.
- Communication, Oral - Ability to communicate effectively with others using the spoken word.
- Communication, Written - Ability to communicate in writing clearly and concisely.
- Customer Oriented - Ability to take care of the customers’ needs while following company procedures.
- Decision Making - Ability to make critical decisions while following company procedures.
- Detail Oriented - Ability to pay attention to the minute details of a project or task.
- Ethical - Ability to demonstrate conduct conforming to a set of values and accepted standards.
- Organized - Possessing the trait of being organized or following a systematic method of performing a task.
- Problem Solving - Ability to find a solution for or to deal proactively with work-related problems.
- Reliability - The trait of being dependable and trustworthy.
- Tactful - Ability to show consideration for and maintain good relations with others.
SKILLS & ABILITIES
Education: Bachelor Degree in Accounting preferred
Experience: 3 plus years of experience in Collections / Accounts Receivables.
Computer Skills: SAP, Excel, Calculation Skills, Word
TDK Corporation of America (TCA), a group company of TDK Corporation, was established in 1974 as a sales and marketing force for electronic components. TCA has grown into a sales force of nine offices in the US with headquarters located in Lincolnshire, Illinois. TDK Corporation of America is the largest passive component company in the United States. The combined efforts of sales, marketing and technical personnel have built the TDK name as a respected leader in the industry. Known for reliability and expertise, TDK strives to respond to all customers' needs anywhere in North America.
TDK’s diverse range of electronic components are at work all the time inside the familiar products that you use every day. TDK products and technologies are supporting the realization of upcoming applications (Autonomous Driving, Medical, Renewable Energy, 5 G communication, Robotics, AR/VR, IoT Drones) and thereby enhancing the daily life of people around the world. These seven applications are future growth areas within TDK’s three major markets: Automotive, ICT and Industrial & Energy. What characterizes TDK as a company is the fact that we have the technology to create electronic components from scratch, starting with materials developed in-house.
This requires a deep understanding of the properties of the respective materials. The result is unparalleled products that only TDK can make.
TDK Corporation of America (TCA), a group company of TDK Corporation, was established in 1974 as a sales and marketing force for electronic components. TCA has grown into a sales force of nine offices in the US with headquarters located in Lincolnshire, Illinois. TDK Corporation of America is the largest passive component company in the United States. The combined efforts of sales, marketing and technical personnel have built the TDK name as a respected leader in the industry. Known for reliability and expertise, TDK strives to respond to all customers' needs anywhere in North America.