Credit Management Specialist

1 week ago


Merrillville, Indiana, United States Ursitti Enterprises LLC Full time
Job Overview

Role: Accounts Receivable/Credit/Collections

Oversee the daily functions of credit management for two distinct entities.

Administer the routine operations of establishing and maintaining specific credit limits for the organization.

Evaluate and authorize new account applications, facilitating negotiations for credit limits between the sales division and credit evaluation agencies when necessary.

Handle documentation requests such as name modifications, assignments, and assumptions.

Assess requests for credit limit enhancements.

Organize and assign daily tasks and projects while offering support and direction.

Develop, assess, implement, and uphold reporting and policies for the team.

Accounts Receivable Responsibilities:

Engage, monitor, and communicate with clients and management regarding the recovery of overdue payments.

Authorize all adjustments and ensure proper management of overdue accounts.

Collaborate with collection agents and external legal representatives to address delinquent and bankrupt accounts.

Oversee the collection and distribution of legal documents from bankruptcy courts as required.

Financial Oversight:

Assist in managing banking relationships and activities.

Process cash collections for two companies.

Maintain daily operations of the General Ledger for one primary entity.

Supervise the monthly closing procedures.

Conduct necessary reconciliations.

Generate journal entries for both recurring and specific transactions.

Prepare financial statements for the company.

Compile related reports on a monthly basis and as necessary.

Familiarity with preparing audit documentation will be advantageous for this role.

Perform additional responsibilities as assigned.

Qualifications:

2-3 years of relevant experience.

Bachelor's degree in Accounting, Business Administration, Finance, or a related field.

Strong knowledge of business interactions, accounting practices, computer proficiency, and demonstrated analytical abilities.

Experience in customer communication and effective collection management is beneficial for this position.



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