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As a Director of Credit, you will be part of a dynamic team, managing the Credit and Accounts Receivable department, working closely with customers and various departments to resolve concerns, and ensuring compliance with all laws and company processes.
Job Responsibility:
Accurately and efficiently process customer credit applications
Maintain up-to-date customer credit and project files
Oversee collection processes and communicate effectively with the customer base and salesforce
Support the organization in timely collection of payments, including negotiating with customers in non-payment situations
Manage relationships with the merchant processor, including maintenance of multiple production accounts and review of fees and surcharging
Monitor Day Sales Outstanding (DSO) and Accounts Receivable aging reports and compare to industry benchmarks, reporting monthly to the Board of Directors
Prepare and analyze industry financial data and trends in the financial market as it relates to accounts receivable
Ensure compliance with insurance requirements regarding contracts and purchase orders and/or bonds
Handle collection accounts referred to legal and cash application transactions and resolution as needed
Lead continuous improvement efforts in departmental areas, ensuring standardization and consistency across the organization
Maintain corporate credit policy, recommending changes to management when applicable
Set objectives for the Accounts Receivable team that align with the department's goals of improving cash flow and yield on working capital
Requirements:
Proven experience as a Credit and Collections Manager or similar role
Deep understanding of credit policies and procedures
Proficiency in order to cash process
Demonstrated experience in commercial collections
Strong understanding of financial regulations and legislation
Excellent communication and negotiation skills
High level of accuracy and attention to detail
Ability to manage and lead a team
Proficiency in using financial software and office productivity tools
Bachelor’s degree in finance, economics, or in a related field
What we offer:
medical, vision, dental, and life and disability insurance
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