Credit & Collections Manager - Philadelphia

We are on the lookout for a Credit & Collections Manager to join a growing organization in the Cranberry Twp area. As the Credit & Collections Manager, you will be entrusted with the management of credit and collections programs, the conduct of risk investigations, and the negotiation of overdue accounts.

Responsibilities:

• Administer and develop credit and collections programs, proposing changes and enhancements as needed.
• Conduct thorough investigations into the credit risk of customers and suppliers, providing advice on credit applications.
• Engage in the negotiation for the collection of overdue accounts.
• Approve credit limits, adhering to the guidelines set by the current credit policy.
• Collaborate with sales and operating management to improve Days Sales Outstanding (DSO) and reduce overdue accounts.
• Act as a crucial link between various stakeholders including sales, customer service, finance, and general management.
• Create effective reports that support the analysis and monitoring of credit performance.
• Prepare weekly, monthly, and quarterly reports for management as directed.
• Assist auditors in gathering the necessary information for quarterly/annual audits.
• Handle account escalations as necessary.
• Liaise with various departments on processes that could impact key deliveries.
• Minimum of 5 years of experience in a Credit & Collections Manager role or similar position within the manufacturing industry.
• Demonstrated experience in Business-to-Business (B2B) collections.
• Familiarity with Customer Relationship Management (CRM) systems.
• Comprehensive understanding and capability in handling Accounting Functions.
• Proven experience in managing Accounts Receivable (AR).
• Significant knowledge in executing Billing Functions.
• Ability to manage and monitor Cash Activity.
• Expertise in handling Cash Applications.