The Opportunity
QuidelOrtho unites the strengths of Quidel Corporation and Ortho Clinical Diagnostics, creating a world-leading in vitro diagnostics company with award-winning expertise in immunoassay and molecular testing, clinical chemistry and transfusion medicine. We are more than 6,000 strong and do business in over 130 countries, providing answers with fast, accurate and consistent testing where and when they are needed most – home to hospital, lab to clinic.
Our culture puts our team members first and prioritizes actions that support happiness, inspiration and engagement. We strive to build meaningful connections with each other as we believe that employee happiness and business success are linked. Join us in our mission to transform the power of diagnostics into a healthier future for all.
The Role
As we continue to grow as QuidelOrtho, we are seeking a Senior Manager, Global Credit and Collections, reporting to the Director, Shared Service Center. This position will establish sound and constructive credit policies and practices in accordance with corporate guidelines and will administer credit operations in a manner that will increase sales volume, contribute to the profit of the company and enhance customer stability, and provide for the prompt turnover and protection of the company’s investment in accounts receivable.
This position is remote but candidates should be based in one of the following locations: Rochester, NY; Raritan, NJ; or San Diego, CA.
The Responsibilities
- In accordance with corporate guidelines, establishes the formulation of constructive and progressive global credit policies and practices; interprets approved policies to all concerned and assures conformity and compliance thereto.
- Periodically reviews all activities of the global credit organization and recommends to senior management the organizational structure best suited to carry out its objectives. Approves changes recommended by the staff for subordinate elements of the global credit organization in accordance with operating requirements and current conditions.
- Provides oversight, guidance and support to increase effectiveness of the global credit function while supporting local finance and commercial organizations.
- Provides monitoring and reporting on global DSO, accounts receivable and collections targets; responsible for oversight, guidance and support to maximize opportunities to reduce delinquency.
- Keeps corporate management informed concerning the status of the accounts receivable portfolio, the forecasts of DSO/Receivables, adequacy of bad debt reserves, and any special purpose activities.
- Exercises prudent control and good judgment to improve the sales potential of all Ortho’s customers while protecting its accounts receivable investment. Able to effectively interact with customers, local management and regional credit personnel to minimize bad debt losses.
- Provides facilities, oversight and guidance for the gathering and proper maintenance of sufficient, reasonably up-to-date information on customers upon which to base a decision on an individual order or on an account as a whole. Periodic credit reviews, monitoring and the setting of credit limits should be conducted with the view of achieving sales objectives while preserving company assets. Responsible for monitoring of credit decisions for compliance with Corporate Policy.
- Liaison with local management and regional credit management for matters related to customer collections and oversight of all requests from regions for changes in customer credit lines, including coordination of necessary review and approval with required region and corporate management.
- Annually review all finance policies related to global credit management and recommend to management appropriate changes to ensure adequate operational controls and compliance with applicable laws and regulations.
- Ensure that all processes and procedures related to the execution of global credit management responsibilities are performed in accord with corporate policies and controlled and documented in accordance with the requirements of Sarbanes-Oxley.
- Perform other analyses/administrative duties/projects as assigned.
The Individual
Required
- Bachelor’s degree required in finance, business administration or related field; MBA preferred.
- Must have a minimum 5–7-year credit management, treasury or finance experience.
- Experience leading international operations required.
- Strong analytical skills, ability to make quick/calculated decisions, and ability to perform effectively in a team and individual work environment.
- SAP experience required – S4Hana preferred.
- PC competency required (Word, Excel, PowerPoint).
- Outstanding verbal and written communications a must.
Key Working Relationships
Internal Partners
- Working across functions and departments, customer service, treasury and IT
External Partners
- Auditors
- Customers and Distributors
- Federal Government
The Work Environment
General office environment or work-from home. No strenuous physical activity, though occasional light lifting of files and related materials is required. 40% of time in meetings, working with team, or talking on the phone, 60% of the time at the desk on computer, doing analytical work. Occasional travel required. Travel includes airplane, automobile travel and overnight hotel.
Physical Demands
This position will require traditional demands of that related to an office environment, which includes but not limited to: sitting, standing, walking, lifting, carrying, reaching, pushing, and pulling for extended periods of time.
Salary Transparency
The salary range for this position takes into account a wide range of factors including education, experience, knowledge, skills, geography, and abilities of the candidate, in addition to internal equity and alignment with market data. At QuidelOrtho, it is not typical for an individual to be hired at or near the top range for their role and compensation decisions are dependent on that facts and circumstances of each case. The salary range for this position is $94,000 to $159,000 and is eligible for the Global Bonus Plan. QuidelOrtho offers a comprehensive benefits package including medical, dental, vision, life, and disability insurance, along with a 401(k) plan, employee assistance program, Employee Stock Purchase Plan, paid time off (including sick time) and paid Holidays. All benefits are non-contractual, and QuidelOrtho may amend, terminate, or enhance the benefits provided, as it deems appropriate.
Equal Opportunity
QuidelOrtho believes in Equal Opportunity for all and is committed to ensuring all individuals, including individuals with disabilities, have an opportunity to apply for those positions that they are interested in and qualify for without regard to race, religion, color, national origin, citizenship, sex, sexual orientation, gender identity, age, veteran status, disability, genetic information, or any other protected characteristic. QuidelOrtho is also committed to providing reasonable accommodations to qualified individuals so that an individual can perform the duties. If you are interested in applying for an employment opportunity and require special assistance or an accommodation to apply due to a disability, please contact us at recruiting@quidelortho.com.
