KeyResponsibilities:
Credit &Collections Management:
- Collaborate with senior management and other departments to effectively oversee and manage credit efforts and collections for the company.
- Ensure adherence to credit policies and procedures to ensure customer creditworthiness and minimize risk of financial loss.
- Lead customer collection efforts.
- Establish and oversee risk criteria for customers.
- Analyze collection data, patterns, etc., and make appropriate recommendations to management on proposed collection actions and reserve requirements.
- Support liquidity instruments.
- Forecast collections for cash flow forecasting.
- Monitor customer accounts to ensure payments are made on time and in accordance with established terms.
- Communicate with customers to address any credit-related issues and resolve disputes.
- Stay current with industry trends and best practices in credit management.
Team & ProcessOversight (if applicable, based on "supervising the credit and collectionteam"):
- Supervise and train staff as needed.
- (Consider adding specific team management tasks if this role has direct reports, similar to the AR Supervisor JD)
Qualifications:
- Education: Bachelor's degree in finance, accounting, or a related field.
- Experience:
- Proven experience as a Credit & Collection Specialist or in a similar role.
- Experience in credit analysis, risk assessment, and collections.
- Skills:
- Strong analytical skills and attention to detail.
- Excellent communication and interpersonal abilities.
- Ability to work under pressure and meet deadlines.
- Knowledge of credit laws and regulations.
- Proficient in Microsoft Office and financial software; SAP a plus.
- Leadership and team management skills (if applicable).
- Ability to develop and implement credit policies and procedures.
- Certifications: Professional certification (e.g., PCS, CMA, CCE, CPA, or similar) is a plus.
AdditionalInformation:
- Language: Totally Bilingual English/ Spanish proficiency is a plus.