JOB TITLE : Credit and Collections Manager (West Region)
TEAM MEMBER PERKS
Along with a competitive paycheck, you will also get to enjoy a full suite of benefits including :
- Sick Time - 5 days
- Vacation Time - Earn up to 2-weeks on your first year of employment
- Paid and Floating Holidays
- Premium FREE Medical and Dental coverage options
- Vision Insurance
- 401(k) with company matching
- Life Insurance
- Discounts on Tires and Wheels
- Opportunity for advancement
WE WANT TO HEAR FROM YOU IF YOU
Pride yourself in providing excellent customer serviceHave proven time management masteryHave the ability to work independently and in a teamPride yourself on solving problems efficientlyESSENTIAL RESPONSIBILITES :
This position will cover Wholesale West Region Customers & Brand CustomersReview collection reports to ascertain status of collection and balance outstanding and to evaluate effectiveness of current collection policies and proceduresAudit delinquent accounts considered to be uncollectable; ensure maximum efforts have been taken before assigning bad credit status to accountEstablish credit limits on customer accountsReview and approve adjustments to accountsMonitor the percentages of aged accountsMaintain an organizational structure sufficient to meet all objectives of the credit policy as it pertains to new accounts, existing accounts and the accounts receivables and confirm all credit aspects adhere to all State and Federal laws with respect to the issuance of creditProperly motivate, guide, train and develop the credit staff to execute their duties with respect to their customer base and credit analysis responsibilitiesAct as the primary point of contact with Sales Department. Manage and support the sales efforts on an on-going basis which includes making sure the sales team is aware of the requirements for establishing accounts and credit lines and keeping abreast of all sales promotions and goalsProvide status and metrics reporting to senior accounting management on weekly, monthly basis and visibility to senior management of all financial data used to assess the credit line issuedMake periodic site visits to the highest profile accounts - being available for sales meetings and customer relations at trade showsContinuous examination of credit processes to maintain the most efficient and consistent application and improvement of all credit functions.Weekly review of all accounts, checking for potential bad debt scenarios and guiding staff to satisfactory resolution of past due situations.Maintain the lowest DSO and bad debt losses possible.Verify the legal documents for each account obtained and confirm these are duly executed and filed on Company's behalfSupervise the release of all sales orders in timely fashion and within credit criteriaConfirm all orders are properly invoiced to the customers and on proper terms and to meet all sales promotionsReport all bad debt accounts to senior financial management and place these accounts as in either in-house or outside placement agency, as circumstances dictateReport the cash projection on a weekly basis to the BP&A ManagerNegotiate work-out settlement and other legal documents with customers and their attorneysManage and maintain contracts with existing vendors to ensure these are adequate to the Credit Department needs (such as DNBI, Trans Union, etc).Support company budgeting and forecasting functions as neededREQUIRED QUALIFICATIONS AND SKILLS :
Bachelor's degree in Business Management, related discipline or the equivalent work experienceMinimum 2 years of financial credit managementMinimum 4 years of strong collections backgroundStrong communication, analytical, problem solving and decision-making skills to effectively resolve complex customer and employee issuesExtensive customer contact, including building and maintain customer relationshipsAbility to work efficiently in a high demand, team oriented, and fast-paced environment