Senior Finance Director - Credit

Posted Yesterday
Be an Early Applicant
55441, Minneapolis, MN, USA
In-Office
143K-251K Annually
Senior level
Internet of Things
The Role
The Senior Finance Director - Credit leads credit operations, manages risk, optimizes cash flow, oversees AR, and develops teams to support financial goals.
Summary Generated by Built In

Join the world's largest HVAC company, named by Forbes as one of America's Best-In-State Employers 2025!

Daikin Applied is seeking a Senior Finance Director – Credit. The Senior Finance Director – Credit provides strategic leadership across all credit operations, including collections, billing, cash applications, and sales tax. The role safeguards company assets by setting rigorous credit policies, accelerating faster cash flow through optimized collection strategies, and overseeing project-level financial risk, such as liens and bonds. The person will lead the development of high-performing, scalable teams that evolve in step with the Company’s growth trajectory. Come be a part of an exciting journey at Daikin Applied, where innovation and excellence drive our every endeavor!

Location: Plymouth, MN – Hybrid  

Your Responsibilities:

  • Risk Management – Enforce enterprise-wide credit policies and update them to reflect evolving business needs. Provide strategic oversight to teams assessing customer creditworthiness, conduct recurring risk reviews for rep accounts, and guide credit requirements for complex transactions. Prepare and present exposure analysis to sales leadership and senior executives

  • Cash Flow Optimization – Lead end-to-end collection strategies to reduce DSO and minimize delinquency. Drive collection efforts, lead dispute resolution and negotiation efforts, and coordinate with legal counsel to protect company assets and accelerate cash conversion.

  • Construction AR Oversight – Manage the bond and lien claim lifecycle, ensuring timely and accurate filings of claims. Oversee complex billings, including retainage tracking and lien waiver administration, to mitigate project-level financial risk

  • Cross-Functional Leadership - Partner with sales, business unit, functional leaders, Digital, and operations teams to streamline workflows, enhance controls, and advance automation initiatives that improve efficiency and scalability

  • Reporting and Analysis – Lead the AR month-end close process, ensuring accuracy and timeliness. Deliver quarterly reserve analyses to senior leadership, develop annual budgets, and provide ongoing financial forecasts that inform strategic decision-making

  • Team Leadership - Mentor, develop, and empower a team of managers, set clear expectations, define performance goals, and build leadership capability to support organizational growth and operational

  • Compliance & Additional Responsibilities – Ensure adherence to unclaimed property regulations and oversee additional responsibilities as assigned to support departmental and corporate objectives

Your Qualifications:

  • Bachelor’s degree or equivalent experience in Business Administration, Finance or Accounting

  • 12+ years of related experience

  • 5+ years of experience in a leadership role within the HVAC, construction, or building materials industry

  • Knowledge of bond and mechanic’s lien laws

  • Credit and Collections Expertise - demonstrate deep command of credit, collections, billing, cash application, and AR principles, applying this expertise to drive enterprise-level financial performance and risk management

  • Leadership – ability to provide strategic, influential leadership that inspires high performance, builds managerial capability, and drives alignment across teams; confidentially motivates others, shapes organizational direction, and effectively influences stakeholders to achieve business objectives

  • Policy Governance – ability to oversee the creation, refinement, and enforcement of policies and procedures to ensure compliance, consistency, and operational excellence across the credit organization

  • Strategic Judgment – adept at making timely, well-rounded decisions grounded in data and business insight; ensures the right voices are included in the decision-making process and clearly communicates rationale and impact

  • Creative Problem Solving – proven capability to apply innovative thinking to complex challenges, generating fresh approaches and alternative solutions that enhance operational efficiency and financial outcomes

  • Customer Centric Mindset – skilled at navigating complex customer situations with professionalism; ensuring timely, accurate responses and consistently upholding service commitments that strengthen customer relationships

  • Analytical Acumen – proficient at synthesizing data, trends, and operational insights to inform strategy; balances quantitative analysis with experience-based intuition to drive sound recommendations

  • Reasoning – ability to solve multifaceted operational and financial problems with limited precedent; interprets diverse inputs (quantitative, written, and verbal) to form clear conclusions and guide strategic action

Preferred Qualifications:

  • CBA or CBF Certification

Your Benefits:

Daikin Applied offers the following benefits for this position, subject to applicable eligibility requirements: 

  • Multiple medical insurance plan options + dental and vision insurance  

  • 401K retirement plan with employer match

  • Paid time off and company-paid holidays

  • Paid sick time in accordance with the federal, state and local law

  • Tuition Reimbursement after 6 months of continuous service 

Work visa sponsorship is not available for this position

The typical annual base salary for this position ranges from $142,600 - $250,900 + 30% bonus in Minnesota. The range displayed represents the pay range for all positions in the job grade in which this position falls. Individual base pay will depend on a wide range of factors, including your skills, qualifications, experience, and location. 

#LI-NA1 #LI-Hybrid

If you're looking for an engaging career with growth opportunities in a supportive environment, you'll love a career at Daikin Applied!

Skills Required

  • Bachelor's degree or equivalent experience in Business Administration, Finance or Accounting
  • 12+ years of related experience
  • 5+ years in a leadership role in HVAC, construction, or building materials
  • Knowledge of bond and mechanic's lien laws
  • Credit and Collections Expertise
  • Leadership skills
  • Policy Governance skills
  • Strategic Judgment abilities
  • Creative Problem Solving skills
  • Customer Centric Mindset
  • Analytical Acumen
  • Reasoning abilities
  • CBA or CBF Certification
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The Company
HQ: Minneapolis, MN
3,539 Employees
Year Founded: 1924

What We Do

Daikin Applied delivers superior air quality and energy efficiency to every solution with innovation in advanced technology, IoT, and next generation compressors. Daikin branded products, solutions, and services are sold through a global network of dedicated sales, service, and parts offices. Daikin Applied’s parent company, Daikin Industries, Ltd. reports revenues in excess of $20 billion and has more than 67,000 employees worldwide, making it the largest HVAC manufacturer in the world. Daikin Industries, Ltd. has more than 90 production sites worldwide and works with customers in more than 150 countries.

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