At Modine, we are engineering a cleaner, healthier world. Building on more than 100 years of excellence in thermal management, we provide trusted systems and solutions that improve air quality and conserve natural resources. More than 13,000 employees are at work in every corner of the globe, delivering the solutions our customers need, where they need them. Our Climate Solutions and Performance Technologies segments support our purpose by improving air quality, reducing energy and water consumption, lowering harmful emissions and enabling cleaner running vehicles and environmentally-friendly refrigerants. Modine is a global company headquartered in Racine, Wisconsin (USA), with operations in North America, South America, Europe and Asia. For more information about Modine, visit www.modine.com.
Position Description
With supervision, the Credit Intern will support the Accounts Receivable Team. This position is responsible for accuracy of cash entries, contacting customers when past due and reviewing customer credit information. This position contributes to the overall effectiveness of the Credit Dept.
Key Responsibilities
- Ensure customer payments are received on time through account reconciliation on customer web sites and proactive review of invoice aging.
- Reconcile customer accounts and perform clearings in SAP maintenance transactions.
- Prepare and distribute customer statements.
- Recommend customers for credit hold.
- Manage the customer debit resolution process by proactively working with Inside Sales, Outside Sales, Warranty, Plant Personnel, and others as applicable. This includes responsibility for pricing reconciliations to ensure amount owed and due is accurate and resolved.
- Propose new customer credit limits and payment terms by analyzing credit worthiness and company stability through use of D&B reports, credit applications, purchase order reviews, and company financial statement analysis.
- Perform cash application and clearing entries daily.
Required Education & Qualifications
Education Requirements:
- Pursuing a degree in Accounting, Finance, or closely related field.
- Prior internship or coursework in Accounting or Finance is a plus.
Required Qualifications:
- Currently enrolled in a Bachelors or Associate’s program in Accounting, Finance, Business Administration, or a related field.
- Strong analytical and problem solving skills.
- Proficiency in Microsoft Excel and MS Office applications.
- Attention to detail and organizational skills are necessary.
- SAP experience preferred.
Modine is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other characteristic protected by law. Modine provides a competitive benefit package, which could include paid vacation, short term disability, 401(k), health, dental, vision, life insurance, flex spending benefits, tuition reimbursement, Health Savings Account and much more. Human Resources will provide more detail upon your hiring.
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