Collections Manager
Collections Manager will be responsible for all aspects of credit and collections policy and procedures adherence for their credit portfolio’s including:
- Assist in developing sound, acceptable credit policies.
- Manage receivables to achieve company DSO requirements.
- Analyze delinquent accounts and prepare report on highest risk accounts including recommendations for resolution.
- Interact with customers to obtain additional credit information to support credit lines.
- Reconcile transactions and balances to maintain accurate accounts.
- Initiate credits and adjustments to customer accounts within company policy limits.
- Check for credit viability on requests for extended terms, and evaluate various adjustments or exception documents.
- Submit requests to senior management and supporting documentation for accounts requiring credit lines.
- Monitor potential bad debt in portfolio and follow the corporate process for submittal.
- Monitor receivables and collections and provide updates of receivables and provide appropriate reporting procedures.
- Identify problem accounts and provide regular updates of receivables to management.
- Negotiate payment programs with delinquent customers.
Requirements for the role include:
- 5 to 7 year’s of experience in Credit and Collections, prefer experience in high volume environment.
- Prefer a Bachelor’s Degree in Finance, Accounting, or Business Management.
- Direct Management experience of credit teams –credit representative– 20 to 25 people.
- Strong communication skills for negotiation & reconciliation.
- Self-Motivator.
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Seniority level
Mid-Senior level -
Employment type
Full-time -
Job function
Management and Other -
Industries
Chemical Manufacturing
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