Credit and Collections Manager develops and administers credit and collection programs. Oversees investigation of credit risk in customers and suppliers and advises on course of action for credit applications. Being a Credit and Collections Manager designs and implements processes to improve cash flow and reduce receivables. Monitors and negotiates the collection of overdue accounts. Additionally, Credit and Collections Manager monitors credit and collection processes and operations; makes recommendations on opportunities for improvement. Requires a bachelor's degree. Typically reports to a director. The Credit and Collections Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Credit and Collections Manager typically requires 5 years experience in the related area as an individual contributor. 1-3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)
OVERALL JOB DESCRIPTION:
The Credit & Collections Specialist is responsible for timely evaluation and decision-making of new customer credit applications within their delegation of authority. This position also communicates with customers regarding their outstanding, past-due balances to ensure Coleman Oil receives payment from customers. This role interacts with our customers on a daily basis by email, telephone or text and provides excellent service related to the current status of accounts, payments and other concerns.
This role also interacts with sales representatives and other internal associates to help resolve any issues or concerns the customer may have regarding their invoices or account.
JOB DUTIES:
POSITION REQUIREMENTS:
COMPENSATION:
Starting Salary: $20.00 to $25.00 DOE
Full Salary Range: $19.00 to $30.00 DOE
BENEFITS:
Health - We offer a comprehensive benefit package including medical, dental, vision, long term disability and ancillary options that include accident, critical illness, life insurance, flexible spending accounts, health savings accounts, short term disability and whole life. These benefits are available to full time employees.
401(k) - Full time and part time employees are eligible to enroll in the company 401(k) plan following a predetermined amount of time. This option comes with a company match of up to 4%.
Days Off – Employees will accrue 1 hour of paid time off for every 40 hours worked, one personal day on the 1st of January each year and six paid holidays throughout the calendar year.
Other – Employees may be eligible for an annual bonus.
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