Sr. Financial Services Manager

| Greater Denver Area
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Position:

Sr. Financial Services Manager

Job Description:

Sr. Manager, Financial Services

Arrow Electronics, Inc.

Centennial, CO

We have an excellent opportunity for a Sr. Financial Services Manager in our Centennial, CO location. The Sr. Financial Services Manager reports to the Director, Financial Services Americas, and leads the credit and collections team that supports the Enterprise Computer Solutions and Immix divisions in North America (US & Canada). The team manages approximately $1.5B in accounts receivables, extending credit and collecting outstanding AR effectively managing and protecting the integrity of the company’s accounts receivable.  The ideal candidate will be a team player with strong analytical and problem solving skills, a drive for innovation and a focus on operational excellence. We are seeking a polished professional who can represent Arrow with customers, sales teams and our Executive Leadership, with the drive to excel and advance through the organization.

Job Responsibilities include, but are not limited to:

  • Lead a team of approximately 30 credit and collection professionals that are responsible for the management of credit quality and cash collections while maintaining strong relationships with our customers   
  • Ensure appropriate application of policies and procedures
  • Review and approve proposed customer credit limits from credit team up to credit authority
  • Recommend proposed customer credit limits to Director for requests over credit authority
  • Provide as an advisor and escalation point for credit underwriting, collections activities, and order release
  • Negotiate and resolve difficult repayment issues with delinquent customers
  • Lead quarter end close as it pertains to AR, aging and reserve review activities for the division
  • Establish strong, positive relationships with customers’ finance leadership and/or ownership through customer interviews and on site customer visits.   
  • Partner with, and act as the credit and AR SME for internal customers including sales, finance, operations, treasury, accounting, audit
  • Represent Financial Services Group in executive reviews, external audit discussions, and sales meetings
  • Support team members’ performance and growth through mentoring, training, performance reviews and providing career development opportunities
  • Lead/participate in special projects as assigned, both within the department and as part of the broader organization

Required Qualifications:

  • Bachelor’s degree in Accounting, Finance or related field
  • 15+ years commercial credit and collections experience
  • 10+ years commercial credit and collections management experience
  • Deep experience in and understanding of financial analysis and credit decisioning. Able to quickly and concisely make recommendations for approvals above incumbent’s credit authority.
  • Knowledge of collections law, bankruptcy law, workout experience
  • Advanced in Microsoft Office

Preferred Qualifications:

  • Experience with both on-site and remote staff
  • International experience in lending and collecting
  • Experience in Federal, government, State and Municipal invoicing and collection
  • Experience extending short term credit, preferably in a captive finance or distribution environment
  • Experience with alternative financing tools (e.g. leasing, flooring, factoring, escrow, agency)
  • Working knowledge of Oracle and Great Plains
  • MBA

#LI-GB1

Location:

Denver (Panorama)

Time Type:

Full time

Job Category:

Non-Customer Facing/Supplier Facing

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Technology we use

  • Engineering
  • Sales & Marketing
    • C#Languages
    • C++Languages
    • JavaLanguages
    • JavascriptLanguages
    • PHPLanguages
    • PythonLanguages
    • RLanguages
    • ScalaLanguages
    • SqlLanguages
    • jQueryLibraries
    • Twitter BootstrapLibraries
    • ASP.NETFrameworks
    • HadoopFrameworks
    • Node.jsFrameworks
    • SpringFrameworks
    • Microsoft SQL ServerDatabases
    • MongoDBDatabases
    • MySQLDatabases
    • OracleDatabases
    • SnowflakeDatabases
    • SQLiteDatabases
    • SitecoreCMS
    • SalesforceCRM
    • Movable InkEmail
    • Oracle EloquaLead Gen

Location

Our offices are approximately 15 miles south of Downtown Denver. Employees enjoy the easy access to the light rail station and I-25.

An Insider's view of Arrow Electronics, Inc.

What's something quirky about your company?

As a tech company, we showcase the use of tech all throughout our building. We hang art over the building made of various consumer electronics and we even have access to an Electronics Testing lab. My R&D team also loves to make fun code names for our projects, we recently launched Project Deathstar (announced as ArrowPlus powered by Freelancer)!

Stephen

Manager, Product Management and Engineering

What projects are you most excited about?

There is a big drive at Arrow to support tech entrepreneurs, so part of my job involves collaborating and working with local startups - you’d be amazed to see the new ideas coming out of Denver! I get to work closely with local incubators and accelerators, and also plan events and sessions for big events like Denver Start Up week.

Lia

Marketing Specialist

How has your career grown since starting at the company?

I first began my career at Arrow six years ago as a summer intern on the Customer Support team. The career growth I have achieved since has led me to my current role as Delivery Manager of Arrow.com. Through mentorship programs and working with a team that values trust while promoting curiosity, the experiencing has been nothing short of rewarding.

Kristen

Delivery Manager

How do your team's ideas influence the company's direction?

In today’s fast moving world my team is continually collaborating with the business to evolve our digital channels. Combining competitor insight, industry best practices and innovative capabilities we can react quickly to changing needs, design robust solutions, as well as developing innovations for future growth.

Michelle

Director, Technology & Planning

What’s the vibe like in the office?

Our office promotes an open and active vibe that inspires collaboration with your fellow coworkers. The overall environment supports our focus on driving innovation forward.

Taylor

Asset Specialist

What are Arrow Electronics, Inc. Perks + Benefits

Arrow Electronics, Inc. Benefits Overview

At Arrow, we recognize that financial rewards and great benefits are important aspects of an ideal job. That’s why we offer competitive financial compensation, including various compensation plans, and a solid benefits package. We want our employees to thrive physically, emotionally, financially, and socially. We offer various programs which help you build your wellbeing and health.

•Medical, Dental, Vision Insurance
•401k, With Matching Contributions
•Competitive Paid Time Off
•Health Savings Account (HSA)/Health Reimbursement Account (HRA) Options
•Short-Term/Long-Term Disability Insurance
•Parental Leave Options
•Employee Discount on Annual RTD Pass
•Talent Growth Opportunities
•Casual Work Environment

Culture
Volunteer in local community
Partners with nonprofits
Open door policy
OKR operational model
Team based strategic planning
Remote work program
Diversity
Dedicated diversity and inclusion staff
Highly diverse management team
At Arrow, we embrace inclusion and diversity as catalysts for innovation and we are fully committed to equal opportunities for all.
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability insurance
Dental insurance
Vision insurance
Health insurance
Life insurance
Pet insurance
Wellness programs
Team workouts
Mental health benefits
Financial & Retirement
401(K)
401(K) matching
Performance bonus
Charitable contribution matching
Child Care & Parental Leave Benefits
Childcare benefits
Generous parental leave
Family medical leave
Company sponsored family events
Vacation & Time Off Benefits
Generous PTO
Paid holidays
Paid sick days
Office Perks
Commuter benefits
Free snacks and drinks
Onsite office parking
Onsite gym
Professional Development Benefits
Job training & conferences
Lunch and learns
Promote from within
Mentorship program
Customized development tracks

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