Address
Form of workJob Purpose
Responsible for collections of all international receivables generated against export sales to our customers. Work involves accuracy and the ability to make decisions within the limits of general policies and practices. Independent judgment is used with some guidance received from manager.
Company Description
Railroads transport goods and people millions of miles every day. At Progress Rail, we believe in going the distance with them. We are looking for talented and innovative team players to address the challenges of the rail industry today, ensuring success for the future. Build a long-term career with opportunities for growth and advancement as part of a vibrant network of close to 200 global locations. Our innovative team members work together to forge the bridge between ideas and success!
As a Caterpillar company, Progress Rail is an integrated rolling stock and infrastructure provider, delivering a full range of products and services to domestic and international railroad customers. Our customers enjoy one-stop shopping and comprehensive railway solutions - whether it rolls on the rail or is the rail itself. From locomotives, transit, freight cars and engines, to tracks, signals and advanced technology, we ensure customers can count on us to meet their needs.
Learn how we keep our customers rolling by following us on Facebook, Twitter, Instagram, YouTube and LinkedIn, and by visiting progressrail.com.
Education / Training
• BS Degree in Accounting or Finance;
• CPA, CMA or MBA is a plus;
• Prior Progress Rail or Caterpillar experience is preferred
Key Job Elements
• Prepare and present documentary letter of credit presentations in accordance with
letter of credit requirements;
• Monitor customer accounts to ensure that documentary presentations are paid timely;
• Create letter of credit financial documents within SAP and LN;
• Provide customer accounts receivable statements of account as requested;
• Follow up with customers for payment of past due open account receivables;
• Escalate collections issues to manager and sales leadership as needed;
• Issue various standby letters of credit through our partner banks as required;
• Review tenders and contracts to assure that SBLC are issued correctly and prior to deadlines;
• Provide customer payment applications instructions to cash applications team;
• Upload invoices into customer vendor portals as needed;
• Provide wire payment application instructions for the daily bank statement;
• Review delivery blocks and release blocks as needed;
• Other duties as assigned
Qualifications and Experience
• 2 - 5 years' experience in documentary collections;
• Demonstrated problem solving skills;
• Ability to network and collaborate cross-functionally;
• Highly proficient with Microsoft tools;
• Proficient in Microsoft Office software (Excel, Word, PowerPoint);
• Infor LN, SAP, or other ERP system and Cognos/TM1 Reporting knowledge is a plus;
• Must demonstrate analytical skills and general knowledge of accounting processes;
• Excellent communication skills, verbal, written and presentation;
• Strong organization skills; able to consistently meet deadlines;
• Experience in financial analysis, budgeting or corporate accounting.
Essential and Physical Activities Functions
• Strength - Must be able to lift up to 35 lbs;
• Motion - The position spends most of the time in an office setting. The position will require occasional walking, standing, stooping, and bending;
• Vision/Hearing Requirements - Prolonged periods sitting at a desk and working on a computer and must be able to communicate effectively with internal and external customers;
• Work Environment - Work in temperature-controlled environment;
• Emotional Demands - Required to liaise with multiple levels within the organization, including senior leaders and managers. Individual must be well-spoken, able to manage multiple priorities and individual requests daily;
• Safety - This is not a safety sensitive position. It is primarily an office position requiring awareness of the safety requirement in an office environment within the facility; must be capable of following all safety protocols.
EEO
Equal Opportunity Employer - Race/Color/Sex/Religion/National Origin/Sexual Orientation/Gender Identity/Vets/Disabilities
Benefits
Progress Rail offers an excellent total compensation package,* including competitive salary, paid time off for vacation and holidays, 401(k) plan with company match, medical/dental/vision/life/disability insurance and flexible spending accounts. Relocation assistance may be available for some positions.
*Benefits eligibility differs by job position and employment status - governing plan documents control such benefits.
Responsible for collections of all international receivables generated against export sales to our customers. Work involves accuracy and the ability to make decisions within the limits of general policies and practices. Independent judgment is used with some guidance received from manager.
Company Description
Railroads transport goods and people millions of miles every day. At Progress Rail, we believe in going the distance with them. We are looking for talented and innovative team players to address the challenges of the rail industry today, ensuring success for the future. Build a long-term career with opportunities for growth and advancement as part of a vibrant network of close to 200 global locations. Our innovative team members work together to forge the bridge between ideas and success!
As a Caterpillar company, Progress Rail is an integrated rolling stock and infrastructure provider, delivering a full range of products and services to domestic and international railroad customers. Our customers enjoy one-stop shopping and comprehensive railway solutions - whether it rolls on the rail or is the rail itself. From locomotives, transit, freight cars and engines, to tracks, signals and advanced technology, we ensure customers can count on us to meet their needs.
Learn how we keep our customers rolling by following us on Facebook, Twitter, Instagram, YouTube and LinkedIn, and by visiting progressrail.com.
Education / Training
• BS Degree in Accounting or Finance;
• CPA, CMA or MBA is a plus;
• Prior Progress Rail or Caterpillar experience is preferred
Key Job Elements
• Prepare and present documentary letter of credit presentations in accordance with
letter of credit requirements;
• Monitor customer accounts to ensure that documentary presentations are paid timely;
• Create letter of credit financial documents within SAP and LN;
• Provide customer accounts receivable statements of account as requested;
• Follow up with customers for payment of past due open account receivables;
• Escalate collections issues to manager and sales leadership as needed;
• Issue various standby letters of credit through our partner banks as required;
• Review tenders and contracts to assure that SBLC are issued correctly and prior to deadlines;
• Provide customer payment applications instructions to cash applications team;
• Upload invoices into customer vendor portals as needed;
• Provide wire payment application instructions for the daily bank statement;
• Review delivery blocks and release blocks as needed;
• Other duties as assigned
Qualifications and Experience
• 2 - 5 years' experience in documentary collections;
• Demonstrated problem solving skills;
• Ability to network and collaborate cross-functionally;
• Highly proficient with Microsoft tools;
• Proficient in Microsoft Office software (Excel, Word, PowerPoint);
• Infor LN, SAP, or other ERP system and Cognos/TM1 Reporting knowledge is a plus;
• Must demonstrate analytical skills and general knowledge of accounting processes;
• Excellent communication skills, verbal, written and presentation;
• Strong organization skills; able to consistently meet deadlines;
• Experience in financial analysis, budgeting or corporate accounting.
Essential and Physical Activities Functions
• Strength - Must be able to lift up to 35 lbs;
• Motion - The position spends most of the time in an office setting. The position will require occasional walking, standing, stooping, and bending;
• Vision/Hearing Requirements - Prolonged periods sitting at a desk and working on a computer and must be able to communicate effectively with internal and external customers;
• Work Environment - Work in temperature-controlled environment;
• Emotional Demands - Required to liaise with multiple levels within the organization, including senior leaders and managers. Individual must be well-spoken, able to manage multiple priorities and individual requests daily;
• Safety - This is not a safety sensitive position. It is primarily an office position requiring awareness of the safety requirement in an office environment within the facility; must be capable of following all safety protocols.
EEO
Equal Opportunity Employer - Race/Color/Sex/Religion/National Origin/Sexual Orientation/Gender Identity/Vets/Disabilities
Benefits
Progress Rail offers an excellent total compensation package,* including competitive salary, paid time off for vacation and holidays, 401(k) plan with company match, medical/dental/vision/life/disability insurance and flexible spending accounts. Relocation assistance may be available for some positions.
*Benefits eligibility differs by job position and employment status - governing plan documents control such benefits.
