Credit Specialist

Posted 4 Days Ago
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Auburn Hills, MI, USA
In-Office
Senior level
Automotive
The Role
Manage accounts receivable and credit processes for assigned lines of business. Perform customer credit reviews, set credit limits, resolve collection exceptions, coordinate with internal and external partners, support cash forecasting, SOX-compliant month-end activities, and improve systems/processes alongside IT.
Summary Generated by Built In
Job Summary & Responsibilities

This position is responsible for:

  • Acting as the Accounts Receivable liaison working with dealers, their respective banks, the Business Centers, MOPAR, Legal, Incentives, Fleet, Logistics and various other non-dealer customers
  • Supporting the sales function while collecting cash and managing the financial risk associated with selling goods and services
  • Managing and monitoring the day-to-day cash collection processes for assigned “lines of business” (vehicles, MOPAR parts, supplier and dealer loans, etc.)
  • Investigating and resolving exceptions to standard cash collection processes and coordinating timely issue resolution with internal and external partners
  • Performing customer credit reviews to determine creditworthiness and recommending/setting credit limits and payment terms in alignment with policy and risk appetite
  • Reporting on the status of customer accounts (including past-due trends, key issues and action plans) and supporting monthly/periodic Credit Committee materials as needed
  • Collaborates regularly with IT to enhance systems, resolve technical issues, and support continous process improvements
  • Supporting customer-related activities such as buy/sells, terminations, finance holds, banking data updates, new customer set-up, deferred terms requests and payment plan options
  • Accounts Receivable budgeting, forecasting, actuals, variance explanations, month-end ledger activity, audit requirements and SOX compliance

What You'll Learn:

  • Understanding of the markets, brands, dealer network, production plan and logistics of vehicles
  • Understanding of vehicle and MOPAR part sales processes and related A/R cycles
  • Cash flow and financial statement analysis to assess customer credit-worthiness
  • Budgeting, forecasting, actuals/variance explanations / SOX compliance for assigned processes
Preferred Qualifications

Basic Qualifications:

  • Bachelor's degree or higher in Finance or Accounting or related
  • Minimum 5 years experience in Finance or Accounting
  • Effective communication skills and ability to work cross-functionally with business partners and external parties
  • Strong systems background (SAP, Excel, mainframe)

Preferred Qualifications:

  • Master of Business Administration, CPA and/or CMA
  • Knowledge and understanding of financial statements
  • Effective problem solving and analytical skills
  • Prior Credit/Collections experience

Skills Required

  • Bachelor's degree in Finance, Accounting, or related
  • Minimum 5 years experience in Finance or Accounting
  • Effective communication skills and ability to work cross-functionally
  • Strong systems background (SAP, Excel, mainframe)
  • Master of Business Administration, CPA and/or CMA
  • Knowledge and understanding of financial statements
  • Prior Credit/Collections experience
  • Effective problem solving and analytical skills

Stellantis Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Stellantis and has not been reviewed or approved by Stellantis.

  • Pay Growth & Progression Contract-driven increases lifted hourly wages roughly 25% over 4.5 years and restored cost-of-living adjustments, pushing top rates near $42 per hour by the end of the agreement. Union hourly positions appear to have benefited most since the 2023 deal.
  • Affordable Benefits UAW-represented hourly workers pay no premiums and about 3% of total healthcare costs while receiving comprehensive medical, dental, vision, and wellness coverage. This creates materially lower out-of-pocket costs for represented hourly roles.
  • Retirement Support Post-2007 hourly hires receive a 10% employer 401(k) contribution and legacy workers saw defined-benefit improvements with retiree bonuses. Salaried roles also cite a 401(k) with employer match and contribution up to a maximum of 8%.

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The Company
HQ: Amsterdam
104,031 Employees

What We Do

Our storied and iconic brands embody the passion of their visionary founders and today’s customers in their innovative products and services: they include Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall and mobility brands Free2move and Leasys. Powered by our diversity, we lead the way the world moves – aspiring to become the greatest sustainable mobility tech company, not the biggest, while creating added value for all stakeholders as well as the communities in which we operate.

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