Credit & Collections Manager
11 hours ago
Establishes, reviews, and adjusts credit limits and trading terms for all customers based on financial information, payment history, bank and trade referenced, outside credit reports (D&A, Ansonia credit reports).
Determines which customer accounts should be insured with trade credit insurance, factored or held by Arrive Logistics.
Reviews customer receivable aging reports and focuses collection efforts in minimize delinquent accounts.
Determines when accounts should be placed on credit hold.
Manages trade credit insurance and outside collection agencies to minimize bad debt expenses.
Reviews and approve customer trading terms.
Directs a small team of collection specialists, including interviewing, hiring and training employees; planning, assigning and directing work; appraising performance.
Works closely with Accounts Receivable and Customer Operations to coordinate efforts to minimize DSO and past due accounts, and resolve billing disputes.