JOB SUMMARY: Reports to the Director of Credit and responsible for all credit & collections activities for the company in accordance with the established policies, practices and procedures of the Company resulting in maximum profitability managing risk and collections in a sophisticated manner
Essential Duties & Responsibilities
Oversees the implementation and adherence to credit and collections policies, practices and procedures across the Company and a specific region within Coordinates major credit decisions with management and the sales teams, establishing credit lines for individual accounts and making all credit arrangements on a project to project basis Perform portfolio credit risk, complete trend analysis and proactively identify potential financial patterns and trends Consults with Director of Credit and the CFO on complex problems and issues involving policy decision and offers insightful recommendations Creates and presents reports to management on large customer activity including aging, collection progress analysis and bad debt reserve analysis Verifies and applies construction lien procedures for the state in which project is being built and reviews terms and conditions of contracts and Labor Material Payment Bonds Manages delinquent customer receivables, negotiates special customer payment plans and when necessary, files suits or bankruptcy claims to ensure collection Able to build positive business relationships and work collaboratively multiple stakeholders including customers, sales, and the executive team Other responsibilities include: interviewing, hiring, training employees; planning, assigning and directing work. Appraising performance, addressing complaints and resolving problems
Requirements
Bachelor’s degree in Finance, Accounting or a business related field 5-15+ years of progressive experience within credit, collections and accounts receivable Minimum 4 years of supervisory or management experience Computer skills: MS Excel and Word, Oracle, Microsoft Dynamics 365 and Cforia Excellent oral and written communication skills Ability to use tact and skill in dealing with other staff, management and vendors Must be familiar with lien and bond laws and producing waivers Familiarity with construction contract forms and applications for payment
