JOB SCOPE:The Credit & Collections Manager will have direct responsibility for all aspects of credit and collections for a specific region. The ideal candidate must be able to manage relationships both internally and externally. Must have strong audit background, problem solving, customer service skills with the ability to work in a fast-paced environment. Must be energetic, detailed oriented and able to adhere to deadlines in a timely manner. The candidate will have strong written and verbal communication skills for negotiation & reconciliation.
ESSENTIAL FUNCTIONS:- Manage credit and collection efforts for assigned Region
- Compile, analyze and maintain information on credit worthiness
- Approve and control extension of credit to customers within Region
- Interface with branches to communicate credit decisions and ensure timely review of new customers
- Monitor and forecast accounts receivable in accordance with terms
- Review accounts receivable aging's with Regional Manager and Branch locations
- Take appropriate action on overdue accounts, including recommendation of legal action
- Review and negotiate settlements within scope of limits and authority
- Reconciliation of customer accounts, including unapplied cash
- Enforces credit policy and assure adherence to accepted standards
- Customer and branch visits to maintain relationships
- Proficient in reading /interpreting financial statements for the purpose of underwriting
- Ability to restrict credit as appropriate within guidelines
- Analyze and make recommendations for bad debt adjustments and reserves
- Prepare and submit required reports on timely basis
- Participate in NACM or other credit industry group meetings
KNOWLEDGE/SKILLS REQUIREMENTS:- Ability to analyze and interpret Financial Statements
- Ability to negotiate and manage relationships
- Strong problem solving and customer service skills
- Ability to Prioritize and multi-task
EDUCATION & QUALIFICATION:- Bachelor's in Finance, Business, or Accounting desired
- Experience in developing credit and collections policies and procedures a plus
- Credit scoring development
- 5+ years of credit and collections experience, transportation industry a plus
TECHNOLOGY SKILLS:- Proficiency in Microsoft Office Suites - Word, Excel, PowerPoint and Outlook
