Senior Accounts Receivable and Credit Manager

Senior Accounts Receivable and Credit Manager

Lasko Products, an industry leader of home environment products for over 100 years, is seeking a Senior Accounts Receivable and Credit Manager for our West Chester, PA headquarters.

The Senior Accounts Receivable and Credit Manager will be an integral leadership position within the Finance Department, overseeing collections and customer credit decisions.  This person will be responsible for directing and managing a Accounts Receivable Manager and team of Accounts Receivables Specialists. The position is responsible for maximizing net collections, monitoring customer credit, and continually improving processes to drive down DSO and promote efficiency in departmental operations.

This position will report to Director of Credit & Risk Management.

Position Responsibilities

• Provides leadership, overseeing key operational and financial processes related to the Accounts Receivable function  
• Evaluating, implementing and continually improving policies and procedures related to Accounts Receivable
• Oversee issues related to customer invoicing and collections to minimize delays in customer payment
• Lead AR Automation project in partnership with IT and third-party software provider
• Identify & execute on automation opportunities together with IT and other departments
• Interact regularly with internal departments to resolve invoicing and deduction issues – Sales, Customer Services, Logistics, IT
• Ensures compliance with internal controls, policies and procedures
• Responsible for goal setting and development of Accounts Receivable team members
• Maintain a culture of accountability with staff

Knowledge, Skills and Abilities

• 10+ years of Accounts Receivable/Credit Management Experience
• Analytical, research and critical thinking skills that drive understanding of full AR Process across multiple business units/brands
• Ability to evaluate and communicate up and downstream impacts of proposed processing changes
• Ability to lead a team through coaching and hands -on leadership
• Ability to work cooperatively with others
• Excellent written and verbal communication skills
• Excellent organizational skills and attention to detail
• Communicate in an effective and timely manner with all levels in organization
• Knowledge of QAD is a plus
• Proficiency with Microsoft Office Suite including Word and Excel

About the Company

Lasko Metal Products was founded in 1906 by Henry Lasko in Philadelphia. Lasko designs, manufactures, assembles, and distributes portable fans, heaters, and humidifiers for the consumer market (Lasko brand), air purifiers (Germ Guardian brand), ventilation products such as range hoods and bathroom exhaust fans to the construction industry (Air King brand) and water damage restoration products such as air scrubbers and dehumidifiers (B-Air brand).  Lasko’s products are sold in North America, South America, the Caribbean, and Asia. The company is recognized as the leader in the portable fan and portable heating categories and proudly operates American manufacturing, assembly, and distribution facilities across the US.  Lasko’s leading market share in fans and heaters is 2X – 4X larger than the #2 brand.  Lasko’s domestic production capabilities uniquely position Lasko to serve its customers.

Lasko’s Mission is to improve everyday life with trusted products which create a healthier and more comfortable environment.  The company’s success is based on 5 Core Values:

• Be Bold:
• Challenge the status quo
• Courageously pursue the impossible 
• Reject mediocrity
• Be Together 
• Work together for success 
• Drive trust and candor with each other 
• Prioritize "We" before "I"
•  Be A Leader
• Lead with personal conviction 
• Inspire each other to deliver high- quality results
• Leverage resilience and agility to drive excellence
• Be Accountable 
• Consistently deliver to our customers 
• Embrace commitments as a contract 
• Take pride in our actions
• Be The Change 
• Demonstrate a passion to win 
• Make a difference at work in our communities 
• Step forward and take initiative

The Lasko family owned and operated Lasko Products until November 2016, when private investment firms Comvest Partners and JW Levin Management Partners (“JWLMP”) acquired the business. Comvest Partners and JWLMP are committed to growing the business with in