At POET, it is our mission to be good stewards of the Earth by converting renewable resources to energy and other valuable goods as effectively as humanly possible. For over thirty-five years, our drive and passion to change the world has enabled us to become the largest producer and marketer of bioethanol and a leader in sustainable products in the world.
CULTURE IS KING AT POET
We’re all on the same team. We always communicate. And we park our egos at the door. These aren’t just slogans on our walls. It’s the way we do things at POET. We provide an environment for team members to maintain a healthy work-life balance. It’s the best way to optimize health, wellness, and productivity in a sustainable way. We work hard. We play hard. We have frequent team events, volunteer efforts, and we know how to celebrate wins!
JOB SUMMARY & RESPONSIBILITIESEach day, our team at POET Bioproducts markets and transports 20,000 tons of our high-quality products to our thousands of customers who are located all over the globe. As part of the POET Bioproducts credit team, you will play a major role in the success of these sales, focusing on two primary areas of responsibility. First, you, along with all members of the credit team, will be responsible for establishing appropriate lines of credit for our customers in accordance to the credit policy, working closely with our customers, bank partners, and POET merchandisers to provide creative and safe solutions for credit needs. Second, you will be responsible for setting up and monitoring lines of credit for customers as well as collection issues according to company policy, while maintaining good working relationships with our external and internal customers.
This is an on-site role located in Sioux Falls, SD. Responsibilities include:
Review and analyze credit applications to make recommendations for establishing appropriate lines of credit.
Conduct financial analysis including 3rd party report review (D&B, bank references, credit agencies).
Request bank and trade references from prospective customers.
Remain up to date on risk levels in potential importing countries.
Analyze and use data available to recommend payment plans with past due accounts to minimize bad debt risk and maximize accounts receivable collections.
Provide multiple credit/payment options to the commercial team based on the facts and circumstances of each transaction.
Ensure professional relationships are established and maintained with both internal and external customers.
Maintain banking relationships for establishing letters of credit or other financial institution-backed credit terms.
Work closely with merchandising and transportation team members to respond to credit and collection concerns with existing and potential customers.
Develop and formulate specific collection objectives and the achievement of those objectives.
Plan, evaluate, implement, and continuously improve all aspects of credit & collection functions and processes.
Since we’re all about teamwork and getting the job done, your skill may be put to a lot of other uses!
QUALIFICATIONS & SKILLSBachelor’s degree in a business-related field, or an Associate’s degree and 3+ years of credit or collections experience.
Excellent communication skills and attention to detail.
Excellent organization and time management skills with a sense of urgency that drives results.
Knowledge of the basics of the Microsoft Office Suite and the ability of learning new programs.
A SUCCESSFUL CANDIDATE WILL HAVECourage to voice an opinion even when others may disagree
Strong capability to exercise discretion, initiative, and independent judgment in making sound decisions and in developing solutions to problems.
A customer service mindset and a desire to achieve.
Ability to be creative and enjoy finding solutions.
Desire to learn new skills and stretch beyond current experience.
Curiosity to ask questions and improve yourself and the organization.
WORK ENVIRONMENTThis position operates in an office environment, working at a personal computer where you may sit or stand. Most of our Sioux Falls office workspace features an open-concept design intended to promote communication and collaboration.
GROWTH & DEVELOPMENT OPPORTUNITIESAt POET, we encourage internal development and growth by allowing team members to carve their own path to success. Leaders support team members with the necessary resources to develop their skills, achieve goals, and create the most value. We believe in developing our team members to their highest potential and recognizing contributions that add value to the organization. Each new team member’s position and compensation are carefully determined by considering their unique qualifications and skillset.
BENEFITSFor eligible team members
Comprehensive benefits package: Individual and family plans for health, dental, & vision insurance, including a generous employer Health Savings Account contribution
Quarterly Profit-Sharing Bonuses and Bi-Annual Incentive Bonuses
Competitive pay, including shift premium pay for qualifying positions
401K with company match
Paid time off and paid holidays – 40 hours available on day ONE!
Paid Parental Leave
Tuition reimbursement
Attractive Relocation Assistance and Bonus Programs for qualifying positions and/or locations
OTHER PERKSFor eligible team members
A multifaceted wellness program encompassing the whole person – mentally, physically, and spiritually
Onsite fitness centers or fitness reimbursements
Safety and cold weather gear reimbursements
Discounted home and auto insurance
POET is an Equal Opportunity Employer committed to maintaining a workplace free from discrimination and harassment. Employment decisions are based on qualifications, abilities, merit, and other legitimate business factors, without regard to any legally protected characteristic. This policy applies to all aspects of employment, including recruitment, hiring, compensation, benefits, working conditions, promotion, and termination.