Director - Global Credit and Collections

2 months ago

Young America, United States Black Box Full time
Job Description

Purpose of the Job:

The Credit and Collections Director's key responsibility is to protect the balance sheet of BBOX business from credit risk related losses and ensure the timely receipt of cash from clients per agreed upon invoicing and payment terms. The Credit and Collections Director is responsible for driving the Credit, Risk Management, and Collections process and establishing a strong, proactive credit culture that enhances business growth within the risk boundaries of the business. In addition, this role will play a key role in monitoring the BBOX billed/unbilled securitization program by monitoring activities and making recommendations relative to program improvements.

Primarily Roles & Responsibilities
  • Performing analysis to determine and approve Credit Limits for all customers using in-house tools as well as external information in order to link business requirements with risk exposure
  • Cash collections follow-up , forecasting and reporting
  • Follow-up of bad debts, establishing and negotiating customer payment plans with commercial and legal departments, assisting in case of legal proceedings around receivables (eg. in bankruptcy cases)
  • Implementation of tools such as customer financing, credit insurance, guarantees, and follow-though with external parties (banks, insurance) and internal organization (commercial finance, legal , supply chain)
  • Risk exposure analysis on existing receivable portfolio, as well as future sales (long range plan, country and customer portfolio risk, currency exposures, etc)
  • Responsible for all compliance with credit policy and procedures
  • Monitor compliance and leveraging the billed/unbilled securitization program
  • Assist with other projects as needed
Responsibilities
  • Ensure that all key business risk drivers are identified and monitored.
  • Guarantee adherence to the company practices, policies and applicable government regulations.
  • Adhere to controllership deliverables, specifically with regards to internal documentation and follow-up.
  • Ensure financial records and systems are maintained in accordance to generally accepted accounting principles.
  • Ensure timely Credit Limit Review for customer master data.
  • Facilitate updates and improvements in ERP system.
  • Evaluate new credit applications, review and align established customers credit lines.
  • Monitor changes in credit limit requirements and expiring limits, and prepare credit limit review requests.
  • Prepare risk assessments and present senior management with a clear and consistent approach for deals above credit authority level.
  • Communicate recent events and trends impacting performance within the industry.
  • Visit customers' locations to review financial statements/opportunities as required.
  • Ensure compliance to credit policies and identify the risk process breaking points.
  • Actively participate in risk management related projects.
  • Monitor the daily activity for the billed/unbilled securitization program - cash flow mechanism for the majority of the company.
  • Review and approve the addition of large invoices to the securitization program.
  • Monitor and report on the unbilled aging associated to the securitization program.
Skills, Knowledge, Abilities
  • Strong influencing skills: ability to communicate with customers' leadership to initiate and lead conversations regarding current and future payment and trading set up.
  • Strong relationship building and maintenance skills: gain of buy-in, trust and understanding, ability to influence and negotiate.
  • People leadership and personal development skills, impeccable ethics, agility, and the ability to influence decision making at all levels of the organizations
  • Excellent project management and process improvement skills
  • Outstanding organization, communication, prioritization, and facilitation skills
  • Strong engagement and interpersonal skills, ability to hold cross functional leaders accountable for financial risks within their area of responsibility.
  • Strong decision-making skills.
  • Sound strategic vision, problem solving and analytical skills.
  • Ability to connect and engage with all levels in the business and appropriately switch communication style to suit different audiences; proven ability to communicate with senior business leaders.
  • Ability to promote and implement new ideas.
  • Aptitude to work in an intense, highly time sensitive environment.
  • Ability to function independently and manage own workload.
  • Fluency in English and in addition another European language, both orally and in writing
  • Must have strong work ethics, be well-organized, reliable, and accurate.
  • Good skills in Microsoft Word, Excel, and Outlook
  • Sound people management skills.
Education/Experience Requirements
  • Minimum of 8 years of Credit Management experience, preferably within an international shared services environment.
  • Minimum of 5 years of people management experience
  • Bachelor's degree or equivalent
  • Experience with SAP ERP environment.
  • Financial analysis experience and knowledge of Credit and risk management tools
  • International working experience or experience in an international organization
  • Experience with an AR Securitization program preferred.

  • Lead Credit Specialist

    2 months ago

    Young America, United States The Ladders Full time

    About Lionpoint Lionpoint, a part of Alpha Group, is a fast-growing global consulting firm, focused on leading digital and operational transformation projects for the alternative investment industry (consisting of private equity, real estate, private debt, credit, and infrastructure). We are known for our expertise, innovation, and commitment to delivering...

  • Senior Credit Advisory Manager

    2 weeks ago

    Young America, United States The Ladders Full time

    About The Ladders The Ladders is a dynamic and rapidly expanding consulting firm dedicated to facilitating digital and operational transformations within the alternative investment sector, which encompasses private equity, real estate, private debt, credit, and infrastructure. Our reputation is built on our deep expertise, innovative solutions, and...

  • Senior Manager of Risk Management, Credit Card Acquisition

    2 weeks ago

    Young America, United States SoFi Full time

    Employee Applicant Privacy NoticeWho we are: Shape a brighter financial future with us. Together with our members, we're changing the way people think about and interact with personal finance. We're a next-generation financial services company and national bank using innovative, mobile-first technology to help our millions of members reach their goals. The...

  • Senior Director, Intellectual Property

    1 week ago

    Young America, United States Geron Full time

    Position Summary Reporting to the Executive Vice President and Chief Legal Officer, the Senior Director, Intellectual Property manages and leads a global patent and trademark portfolio. The position is responsible for the design, implementation, and oversight of the global patent and trademark portfolio, management of the Intellectual Property (IP) team...

  • Director, Product Development

    2 weeks ago

    Young America, United States Gambling.com Group Full time

    Gambling.com Group (Nasdaq: GAMB) is looking for exceptional talent interested in the fast-paced, fast-growth online sports betting and online gambling industry in the U.S. The Group operates a portfolio of websites -- including its flagship Gambling.com and sports betting brand Bookies.com, as well as a variety of state-specific websites such as...

  • Director, Institutional Capital

    2 months ago

    Young America, United States loanDepot Full time

    Description Position at loanDepot Position Summary: Responsible for account management and loan sales. Solicits, builds, and maintains strong relationships with institutional mortgage investors, community banks, regional banks, money managers, insurance companies, REITs, Credit Unions, and hedge funds. Proficient in relative value analysis, comfortable in...

  • Director of Tax

    3 weeks ago

    Young America, United States The Ladders Full time

    As a Director of Tax, you will be responsible for providing strong leadership and oversight for all domestic and international corporate and partnership income tax matters, including tax compliance, tax accounting, tax planning, transfer pricing, and tax research. Familiarity with tax and financial reporting issues specific to an umbrella partnership...

  • Director, Forensic Consulting

    1 week ago

    Young America, United States The Ladders Full time

    HKA is a leading global consultancy in risk mitigation, dispute resolution, expert witness and litigation support. We anticipate, investigate and resolve complex challenges by harnessing world-leading multi-disciplinary expertise and experience. As trusted independent consultants, experts and advisors, we deliver solutions amid uncertainty, dispute and...

  • Order-to-Cash - Manager

    3 weeks ago

    Young America, United States The Ladders Full time

    As a member of our Business Transformation team, you will work as an extension of our client's team to advise on and lead their transformation initiatives. Your work will serve in a functional role on high impact transformation initiatives and and you will serve as a liaison with key stakeholders and the finance group, helping them to identify improvement...

  • Director, Insurance Sales

    3 months ago

    United States of America Venture Search Full time

    Director, Investor Sales (Insurance Coverage) – remote (US only) Our client is a $7bn AUM leading direct lending firm specializing in providing first lien, senior debt financing to middle market companies.  This role is responsible for distribution throughout the U.S., with a focus on the insurance investor market. They are seeking to recruit an...

  • Senior Business Development Specialist II

    2 months ago

    Young America, United States The Ladders Full time

    Job DescriptionJob Title: Senior Manager, Business Development I Reports to: Director, Marketplace Job Location: Los Angeles, CA Job Status: Exempt About SHEIN SHEIN is a global online fashion and lifestyle retailer, offering SHEIN branded apparel and products from a global network of vendors, all at affordable prices. Headquartered in Singapore, with more...

  • Data Delivery Manager

    3 weeks ago

    Young America, United States IPG Mediabrands Full time

    The Data Delivery Manager will play a key leadership role in streamlining of our operations regarding data, analytics, and reporting. The objective of the role is to ensure that the Nordics+NL investment and ad operations teams' data management practices are aligned to the data platform requirements. This role is both operationally and analytically focused...

  • Analyst, Financial

    3 months ago

    Young America, United States PrimeRevenue Full time

    ARE YOU READY TO WORK AT PRIMEREVENUE? This key contributor will support the Decision Support TEAM in timely, reliable, and accurate financial planning, forecasting and reporting used to drive business objectives and facilitate effective business decisions. Analyst will assist Manager in preparation of Executive and Board level financial metrics in addition...

  • Lead Financial Planning Analyst

    2 weeks ago

    Young America, United States The Ladders Full time

    Position Title: Senior Financial Planning & Analysis AnalystClassification: Exempt Reports To: Director of FP&A Overview:The Senior Financial Planning & Analysis Analyst collaborates closely with the Director, VP of FP&A, CFO, CEO, and senior management to implement effective processes for budgeting, forecasting, and financial analysis. This role requires a...

  • Lead Financial Planning Analyst

    1 week ago

    Young America, United States The Ladders Full time

    Position Title: Senior Financial Planning & Analysis AnalystClassification: Exempt Reports To: Director of FP&A Overview: The Senior Financial Planning & Analysis Analyst collaborates closely with the Director, VP of FP&A, CFO, CEO, and senior management team members to implement effective processes for budgeting, forecasting, and financial analysis. This...

  • Lead Financial Planning Analyst

    1 week ago

    Young America, United States The Ladders Full time

    Position Title: Senior Financial Planning & Analysis AnalystClassification: Exempt Reports To: Director of FP&A Position Overview: The Senior Financial Planning & Analysis Analyst collaborates closely with the Director, VP of FP&A, CFO, CEO, and various Operations Leaders, as well as the senior management team, to develop and implement effective strategies...

  • Senior Tax Specialist II

    2 weeks ago

    Young America, United States The Ladders Full time

    Job DescriptionJob Title: Senior Tax Specialist II Reports to: Head of Tax, Americas Job Location: Los Angeles, CA, USA Job Status: Exempt About SHEIN SHEIN is a global online fashion and lifestyle retailer, offering SHEIN branded apparel and products from a global network of vendors, all at affordable prices. Headquartered in Singapore, with more than...

  • Partner Account Manager, Premiere Global Processors and Payments

    3 weeks ago

    America, United States FICO Full time

    FICO (NYSE: FICO) is a leading global analytics software company, helping businesses in 100+ countries make better decisions. Join our world-class team today and fulfill your career potentialThe Opportunity Hiring ManagerWhat You'll Do Have existing and/or build relationships with C-Suite and Senior Level executives at assigned key global Partner...

  • Senior Manager, HRIS

    2 weeks ago

    Young America, United States Kraken Crypto Exchange Full time

    Building the Future of Crypto Our Krakenites are a world-class team with crypto conviction, united by our desire to discover and unlock the potential of crypto and blockchain technology. What makes us different? Kraken is a mission-focused company rooted in crypto values. As a Krakenite, you'll join us on our mission to accelerate the global adoption of...

  • Senior Finance Data Analyst

    4 weeks ago

    Young America, United States Kraken Crypto Exchange Full time

    Building the Future of Crypto Our Krakenites are a world-class team with crypto conviction, united by our desire to discover and unlock the potential of crypto and blockchain technology. What makes us different? Kraken is a mission-focused company rooted in crypto values. As a Krakenite, you'll join us on our mission to accelerate the global adoption of...