Credit and Collections Director leads the overall credit function. Designs and implements processes to improve cash flow and reduce receivables. Being a Credit and Collections Director develops policies regarding the investigation of customers, extension of credit lines, and collections. Consults with current and future clients regarding their level of credit. Additionally, Credit and Collections Director oversees the negotiation and course of action taken for overdue accounts. Typically requires a bachelor's degree. Typically reports to top management. The Credit and Collections Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. To be a Credit and Collections Director typically requires 5+ years of managerial experience. (Copyright 2024 Salary.com)
Job Summary
This role is responsible for understanding and managing all aspects of the company’s A/R and Credit functions.
Essential Responsibilities
Knowledge & Skills
Education & Experience Preferences/Requirements
Degree Required: Bachelor's Degree
Years of Experience: 6-7
Degree in business, accounting, or related field.
5 years of related corporate accounting experience.
3 years of supervisory-level A/R, credit, and/or collections experience
Working Environment / Conditions