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)
Description
Duncan Oil company is a family-owned business located in southwest Ohio. Duncan strives to create an atmosphere that fosters team chemistry as well as personal growth. There is nothing we love more than being able to reward our hardest-working employees with promotions whenever we can. We offer a competitive compensation package to employees to include competitive pay, medical insurance with prescription drug coverage, dental, and vision coverage, 401(k), disability benefits, life insurance, paid holiday, and PTO time to full-time employees.
Overview:
The Manager of Credit & Collections will manage the Receivables portfolio to minimize bad debt losses and facilitate cash collection. Approves, denies, and monitors credit availability to existing or prospective customers. Monitors and directs collection activities, short pay performance and product releases in the bulk facilities. Approves all region recommended write-off(s). Oversees and monitors the quality and accuracy of customer data. Places and monitors accounts for 3rd party action. Recommends Bad Debt write offs as necessary. Consults with Accounting Manager or CFO on all aspects of duties for consistency and goals.
Essential Responsibilities:
Requirements
We are an equal opportunity employer and employment is contingent upon the completion of a successful background check.