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Director of Credit

https://www.roberthalf.com Logo

Robert Half

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Location:
United States , Swedesboro

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Category:

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Contract Type:
Not provided

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Salary:

Not provided

Job Description:

As a Director of Credit, you will be part of a dynamic team, managing the Credit and Accounts Receivable department, working closely with customers and various departments to resolve concerns, and ensuring compliance with all laws and company processes.

Job Responsibility:

  • Accurately and efficiently process customer credit applications
  • Maintain up-to-date customer credit and project files
  • Oversee collection processes and communicate effectively with the customer base and salesforce
  • Support the organization in timely collection of payments, including negotiating with customers in non-payment situations
  • Manage relationships with the merchant processor, including maintenance of multiple production accounts and review of fees and surcharging
  • Monitor Day Sales Outstanding (DSO) and Accounts Receivable aging reports and compare to industry benchmarks, reporting monthly to the Board of Directors
  • Prepare and analyze industry financial data and trends in the financial market as it relates to accounts receivable
  • Ensure compliance with insurance requirements regarding contracts and purchase orders and/or bonds
  • Handle collection accounts referred to legal and cash application transactions and resolution as needed
  • Lead continuous improvement efforts in departmental areas, ensuring standardization and consistency across the organization
  • Maintain corporate credit policy, recommending changes to management when applicable
  • Set objectives for the Accounts Receivable team that align with the department's goals of improving cash flow and yield on working capital

Requirements:

  • Proven experience as a Credit and Collections Manager or similar role
  • Deep understanding of credit policies and procedures
  • Proficiency in order to cash process
  • Demonstrated experience in commercial collections
  • Strong understanding of financial regulations and legislation
  • Excellent communication and negotiation skills
  • High level of accuracy and attention to detail
  • Ability to manage and lead a team
  • Proficiency in using financial software and office productivity tools
  • Bachelor’s degree in finance, economics, or in a related field
What we offer:
  • medical, vision, dental, and life and disability insurance
  • eligibility to enroll in our company 401(k) plan

Additional Information:

Job Posted:
March 25, 2025

Employment Type:
Fulltime
Work Type:
On-site work
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