Credit & Collections Manager

Found in: beBee S US - 1 week ago


San Juan, United States Creative Financial Staffing Full time
The Credit Manager is responsible for, but not limited to maintaining client's credit, includes investigating and analyzing risks, approving credit for potential clients and continuing lines of credit for current clients.
Working with other members of the financial team, this professional will also evaluate credit processing and approval, and make changes to ensure the financial stability of the organization.
Organizational Structure
The Credit Manager will report directly to the Assistant Director of Finance.
The functional positions of Accounts Receivable Clerk/Billing Coordinator will report to the Credit Manager when applicable.
Duties and Supporting Responsibilities
Additionally, involvement will consist of effective professional
relationship with sales team and customers, review policies and procedures and make recommendations for amendments, keep current with workflow technologies to maintain a best-in-class operation, assist with month end closing, borrowing base calculation and general ledger reconciliation.
Take direct responsibility for the commercial business credit function.
Provide management of all credit and accounts receivable activities
Collect Group Deposits, post Credit Card payments and chargebacks.
Develop basis to monitor risk classifications and provide review process to monitor financial condition of high-risk, high-volume accounts.
Make suggestions for improvements to the staff processes and provide best in class department operations.
Assist with monthly tasks of account reconciliation, borrowing base calculation and account adjustments.
Work with the legal team to help recover cash flow from nonperforming accounts.
Develop and maintain upstream reports to senior management.
Update documentation for policies and procedures for company circulation.
Research and understand accounting codes and general ledger mapping process, determine root cause of system errors.
• CFSAPR2024


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