Senior Accounts Receivable Specialist

About Us

We are only accepting applications through verified recruitment websites listing our job postings (i.e. LinkedIn, Workable, Indeed, etc). Dymax will only contact potential candidates from email addresses in @dymax.com.

Dymax, part of the Bachmann Chemical & Engineering family of brands is based out of Torrington, Connecticut. Dymax is globally recognized as a pioneer in the development of light-curable adhesives and curing equipment. Today, our expansive portfolio of innovative adhesives, coatings, and maskants are supported by dispense solutions and cutting-edge UV and LED light-curing equipment. Unlike our competitors who supplying standard products, Dymax focuses on the customer experience by tailoring solutions that help customers lower costs, reduce their carbon footprint, improve efficiency, and drive profitability. Our focus on being a customer intimate organization has led us to where we are today: a rapidly expanding force within our industry, an innovative product portfolio, extraordinary employees, and a bright future based on creating quality offerings with a dedication to business growth.

About You

We’re seeking a result-focused, innovative, self-driven, and well-qualified individual to join our talented team as our Senior Accounts Receivable Specialist. Based out of our Torrington Connecticut location, you will manage all aspects of the accounts receivable (AR) and credit operations for Dymax by ensuring the accurate and timely processing of financial transactions, maintaining robust credit risk assessments, and implementing efficient processes to optimize cash flow. Also, by collaborating with internal and external stakeholders, including Sales, Operations, and Order Management, while fostering best practices across a global AR network

In addition, you will:

• Ensure accurate and efficient AR processes by overseeing the accurate posting of customer payments, account reconciliations, and resolution of discrepancies. Also, maintaining up-to-date customer master records aligned with company standards to support efficient payment processing and collections
• Optimize cash flow and reduce AR aging by monitoring and reconciling customer accounts to ensure AR aging aligns with payment terms.  Also, proactively addressing payment delays and discrepancies and driving timely collections to improve cash flow and minimize risks.
• Establish and monitor customer credit risk by conducting thorough credit assessments for new and existing customers, and developing and enforcing credit policies to safeguard financial health while supporting strategic growth objectives
• Streamline Order-to-Cash processes by leading initiatives to implement best practices and leverage technology to enhance efficiencies across AR functions, and continuously identifying and driving process improvements
• Collaborate with internal and external stakeholders by partnering with Sales, Operations, and Order Management teams to ensure seamless AR operations, alignment on customer account management, and prompt resolution of issues. Also, by building and maintaining strong relationships with customers to support long-term trust
• Monitor and report on AR performance metrics by generating and analyzing AR performance reports, providing insights into key metrics such as DSO (Days Sales Outstanding), collections efficiency, and cash flow forecasts
• Support compliance and internal controls by ensuring AR processes adhere to internal controls and regulatory requirements. Also, by maintaining accurate records and documentation to support audits and compliance activities

Requirements

You should have:

• BA/BS in Finance, Accounting, or related field preferred
• Previous knowledge and experience working with ERPs; JD Edwards Enterprise-1 preferred. Experience with AR best practices and automation is also preferred
• Collaborative and able to work in a matrixed organization.  Previous AP experience also a plus
• 4+ years of experience in accounts receivable or credit management.
• Prior experience in a manufacturing environment or with global operations is advantageous
• Exceptional analytical and organizational skills
• Demonstrated ability to lead process improvements and adopt technology for enhanced performance
• Strong interpersonal and communication skills to effectively engage with internal teams and external customers

Benefits

Our company offers its employees:

• Attractive salaries
• Personal growth opportunities
• Excellent benefits packages that include:

• Health Care Plan (Medical, Dental & Vision)
• Retirement Plan (401K)
• Life Insurance (Basic, V