Director of Credit and Collections
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At Cepheid, we are passionate about improving health care through fast, accurate diagnostic testing. Our mission drives us, every moment of every day, as we develop scalable, groundbreaking solutions to solve the world's most complex health challenges. Our associates are involved in every stage of molecular diagnostics, from ideation to development and delivery of testing advancements that improve patient outcomes across a range of settings. As a member of our team, you can make an immediate, measurable impact on a global scale, within an environment that fosters career growth and development.
Cepheid is proud to work alongside a community of six fellow Danaher Diagnostics companies. Together, we're working at the pace of change on diagnostic tools that address the world's biggest health challenges, driven by knowing that behind every test there is a patient waiting.
Learn about the Danaher Business System which makes everything possible.
The Director of Credit and Collections is responsible for actively managing the North American Credit and Collections function, external and internal financial audits, and AR collections forecasts for the region. This is financial leadership role, responsible for developing the company's credit and collection infrastructure and processes, while at the same time supporting prudent customer sales and coordinating optimal realization of customer billings & collections. Must have the knowledge and vision to utilize and leverage technology in credit and collection. In this role you will drive strategy to action with your team and ensure continuous improvement and cross functional accountability.
This position is part of the America's Controllership Organization and will be located in Santa Clara, Ca as hybrid employee. At Cepheid, our vision is to be the leading provider of seamlessly connected diagnostic solutions.
In this role, you will have the opportunity to:
- Manage and develop a team of eight which includes two direct and six indirect staff members
- Help to establish collection targets to drive improvements in Working Capital and managing the team to meet or beat set targets.
- Make a significant impact on the overall success of functional or division operations. Often is required to create/conceptualize new systems, programs, or products with significant business impact.
- Drive innovation and growth through continual automation, efficiency and effectiveness of our billing and collections processes and through the use of Danaher Business Systems (DBS).
- Collaborate with various teams such as Finance Ops, Cepheid Int'l teams, Order Management, Vendor Management & Sales to solve business issues and drive growth of the business.
- Act as an advisor that troubleshoots and resolves extremely complex problems within multi-departments and/or cross-functional areas.
- Participate in month end through the review and approval of monthly journal entries, account reconciliations and analysis as well as providing monthly, quarterly and annual flux and statistical reporting (US & Consolidated)
The essential requirements of the job include:
- Bachelor's or advanced degree in Accounting with 14+ years of experience OR Masters/Doctoral degree with 12+ years of experience.
- 4+ years of Managing people experience with multinational companies.
- Experience with Billtrust, AR workflow or other relevant software
It would be a plus if you also possess previous experience in:
- Medical device or biotech experience is a plus
- Experience working in a global, matrixed organization
Cepheid, a Danaher operating company, offers a broad array of comprehensive, competitive benefit programs that add value to our lives. Whether it's a health care program or paid time off, our programs contribute to life beyond the job. Check out our benefits at danaherbenefitsinfo.com.
At Cepheid we believe in designing a better, more sustainable workforce. We recognize the benefits of flexible, hybrid working arrangements for eligible roles and are committed to providing enriching careers, no matter the work arrangement. This position is eligible for a hybrid work arrangement in which you can work part of the time at the Company location identified above and part of the time remotely from your home. Additional information about this hybrid work arrangement will be provided by your interview team. Explore the flexibility and challenge that working for Cepheid can provide.
When you join us, you'll also be joining Danaher's global organization, where 80,000 people wake up every day determined to help our customers win. As an associate, you'll try new things, work hard, and advance your skills with guidance from dedicated leaders, all with the support of powerful Danaher Business System tools and the stability of a tested organization.
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