Credit and Collections Manager
4 weeks ago
The Accounts Receivable Manager, Credit & Collections is responsible for leading and managing the credit and collections functions within the AR department. This role involves developing and implementing credit policies, overseeing the collections process, and managing customer relationships to optimize cash flow and minimize bad debt. The Manager, Credit & Collections, plays a crucial role in ensuring the organization's financial health.
Key Responsibilities- Credit Policy Development: Develop, implement, and enforce credit policies and procedures to manage customer credit risk effectively.
- Credit Evaluation: Evaluate the creditworthiness of new and existing customers, establish credit limits, and monitor credit exposures.
- Financial Analysis: Review and analyze financial statements, credit reports, and payment history to assess risk.
- Collections Process Oversight: Oversee the collections process, including handling of past-due accounts, payment arrangements, and dispute resolution.
- Customer Relationship Management: Build and maintain strong relationships with key customers to facilitate timely payments and resolve issues amicably.
- Team Leadership: Supervise and lead the credit and collections team, providing guidance, training, and support to ensure high performance and professional development.
- Reporting and Analysis: Prepare and present regular reports on credit and collections performance, aging analysis, cash flow projections, and key metrics to senior management.
- Risk Management: Monitor and manage credit-related risks, implementing controls to mitigate potential issues.
- Education: Bachelor's degree in finance, accounting, business administration, or a related field (preferred).
- Experience: 5+ years of experience as an individual contributor in accounts receivable, with at least 3 years of related supervisory experience.
- Skills: Proven experience in managing AR processes and leading a team, knowledge of industry-specific credit and collections practices and regulations.
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Business Development Manager
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Accounts Receivable Specialist
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Accounts Payable Specialist
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Senior Risk Analyst
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Logistics Coordinator
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Financial Operations Manager
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Accounting Manager in Training Position
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Logistics Associate
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Quality Assurance Manager
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Senior Electrical Project Manager
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Restaurant Shift Manager
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Customer Service Representative
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Financial Operations Specialist
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Quality Assurance Specialist
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Speech Pathologist
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