ACCOUNTS RECEIVABLE SPECIALIST

In the United States, Ariston is a leading manufacturer of premium, high efficiency, and high-quality heating and water heating solutions for residential and commercial applications in North America. Operating with brands including HTP, Ariston and American Standard Water Heaters, Ariston USA is headquartered in Southeastern MA, with local manufacturing as well as Sales and Distribution locations throughout the US. 

Ariston USA is part of Ariston Group, a global leader in sustainable thermal comfort that offers a unique, extensive range of solutions for climate comfort, water heating and air handling, as well as components and burners. Listed on Euronext Milan since November 2021, in 2024 the group reported over 2.6-billion-euro revenues, with over 10,000 employees, direct presence in 40 countries in 5 continents, 28 production sites and 28 research and development centers. The group demonstrates its commitment to sustainability through the development of renewable and high efficiency solutions, such as heat pumps, water heating heat pumps, hybrids, domestic ventilation, air handling and solar thermal systems. The group also stands out for its continuous investment in technological innovation, digitalization, and advanced connectivity solutions. The group operates under global strategic brands Ariston, Elco and Wolf, and brands such as Calorex, NTI, HTP, Atag, Brink, Chromagen, Racold, as well as Thermowatt and Ecoflam in the components and burners business.
 

The Accounts Receivable Specialist is responsible for maximizing cash flows, minimizing Days Sales Outstanding (DSO) and credit risk, timely and accurate collection of customer Accounts Receivable, posting, and reconciling cash receipts, and minimizing bad debts. TYou will review customer financial information and credit reports to assess risk and establish appropriate credit line. Additional responsibilities include assisting with calculation of customer commissions and rebates, and utilizing system generated credit hold flags to appropriately decision sales order and shipment releases.

The Accounts Receivable Specialist within the Accounting Team, will focus on these main activities:

• Proactively contact customers regarding balances due. Collect past due accounts by contacting customers and investigating circumstances of non-payment. 
• Review orders and shipments placed on credit hold. Take appropriate action(s) to resolve in accordance with Company policies. 
• Review credit worthiness for new and existing customers, including review of credit agency reports, contacting credit references, reviewing financial information, and recommending credit limits and payment terms. 
• Post cash receipts to customer Accounts Receivable. 
• Create new customers in SAP and establish credit limits. 
• Review aged trial balances and past-due accounts. Minimize DSO.
• Recommend accounts to be placed on credit hold or placed for collection. 
• Administration of the customer Rebate and Commission programs.
• General support to the Finance and Accounting department. 
• Other duties as assigned by the Accounts Receivable / Credit Manager.
   

The ideal candidate has a background in Accounting, five (5) years working in an Accounting function, and at a minimum, completion of an Associate’s degree. They will also have: 

• Minimum of one year of prior Accounts Receivable and credit and collections experience.
• Intermediate experience with MS Office - Excel, Word, and PowerPoint. Experience with SAP ERP system a plus.
• Comprehensive understanding of basic accounting concepts, practices, and procedures. 
• Ability to handle confidential information with discretion and tact. 
• Ability to work independently on projects or in a team environment with minimal supervisor. 
• Excellent interpersonal, verbal, and written communication skills with an attention to detail. 
• Experience in a multi-national company
• Experience in a medium to large multinational manufacturing company.
• Bachelor's Degree in Accounting or Finance, is a plus

We are committed to the principle of equal employment opportunity for all people, by offering a work environment accessible, welcoming and inclusive in compliance with legal obligations. 

Location:  Providence, RI, Hybrid position.

We are committed to the principle of equal employment opportunity for all people, by offering a work environment accessible, welcoming and inclusive in compliance with legal obligations.