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)
COLLECTION AGENT
Position
The Collections Agent works in the Finance Department as responsible for collection activities on past due accounts, maintaining good customer relations, analyzing accounting receivable reports to prevent losses, and improving the ratio of the overdue invoices. The Collections Agent responds to the Chief Financial Officer (CFO) and to the Upper Management of the Company.
Duties and responsibilities
Required Skills
Education and Experience:
The Job Description outlines the nature and level of work to be done by the employee, but it is not an exhaustive list of duties, and completing other duties may will be asked by management.
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