Credit and Collections Director leads the overall credit function. Designs and implements processes to improve cash flow and reduce receivables. Being a Credit and Collections Director develops policies regarding the investigation of customers, extension of credit lines, and collections. Consults with current and future clients regarding their level of credit. Additionally, Credit and Collections Director oversees the negotiation and course of action taken for overdue accounts. Typically requires a bachelor's degree. Typically reports to top management. The Credit and Collections Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. To be a Credit and Collections Director typically requires 5+ years of managerial experience. (Copyright 2024 Salary.com)
Director of Credit & Collections
Temperature Equipment Corporation (TEC), a WATSCO (WSO) Company, has been an industry leader known for technical expertise, value, best-in-class product availability, and driving customer loyalty for nearly 90 years and counting. TEC is also the Midwestern states largest distributor of air conditioning, heating, and refrigerant equipment, related parts, and supplies. We offer exceptional compensation packages; full benefits include health, dental, life, and AD&D insurance, paid holidays & vacation, and 401(k) with company matching.
Job Description
The Director of Credit and Collections position will oversee and manage the Credit team to include training, monitoring staff portfolio of accounts, produce and work with aging reports, minimize bad debt exposure, and identify process improvement opportunities.
This position is responsible for the credit processes to include application procedure, creditworthiness assessment, and periodic reviews for a portfolio of customers.
Qualifications
Primary Responsibilities
Schedule
Mon-Fri with Holidays Off
Hours based on business needs
Full-time and In-Person
Job Type: Full-time
Pay: From $95,000.00 per year
Benefits:
Weekly day range:
Experience:
Work Location: In person
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