Credit and Collections Manager jobs in Massachusetts
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)
Recently Added Credit and Collections Manager jobs
Manager, Credit & Collections
- TriMark
-
Mansfield, MA
FULL_TIME
- Why you’ll love it here! 401k Community Service Day Spotlight Awards National Sales Excellence Awards CFSP Prep Certification Program POSITION SUMMARY: The Credit & Collections Manager reports to the Regional Director of Credit & Collections Located in Mansfield, MA Full-Time Hybrid The Credit & Collections Manager holds a position of accountability, overseeing the entire credit management and contract management functions within the organization. With a focus on maintaining compliance with state and federal procedures, this role involves strategic leadership, managing credit terms, and supervising the Credit Analysts. The Credit & Collections Manager will play a pivotal role in safeguarding corporate assets, ensuring effective credit risk assessment, and fostering positive relationships both internally and externally. ESSENTIAL FUNCTIONS & RESPONSIBILITIES: Credit Management: Manage and oversee all credit functions for the division. Establish credit terms and procedures for the control of assets, records, loan collateral, or securities. Protect corporate assets by filing necessary liens/UCC’s where applicable. Ensure compliance with state and federal procedures. Contract Management: Review contracts for proper language prior to acceptance. Work closely with Contract Administration to ensure timely issuance of non-system invoices and deposits receipt within contract terms. Supervision and Leadership: Supervise Credit Analysts and manage workflow. Maintain appropriate staffing levels to meet the credit needs of the organization and customers. Performance Metrics and Efficiency: Develop and utilize performance metrics for the Credit Department. Assist in modifying processes and procedures to maximize efficiency. Effectively utilize technology to aid in managing department productivity. Credit Risk Assessment: Analyze credit data and financial statements to determine the degree of risk involved in extending credit to customers. Exercise wise judgment when making risk assessment decisions regarding terms, credit limits, and payment plans. Customer Relationship Management: Consult with customers to resolve complaints and verify financial and credit transactions through research and effective communication. Act as a liaison between Sales, Accounting, Credit, Design, & Management for proper adherence to policies and approvals. Training and Professional Development: Conduct Credit training for new hires in the organization. Attend NACM meetings as requested. Commit to growth in understanding the foodservice industry. Communication and Reporting: Communicate and appropriately elevate A/R concerns and resolutions through the preparation and distribution of A/R aging to CFO. COMPETENCIES: Strong business acumen with a concentration in Accounting and Credit. Advanced proficiency in MS Office suite and operating systems. Thorough knowledge of economic and accounting principles and practices. Accurate interpretation of credit reports. Strong negotiating skills. Excellent customer service, sales-minded attitude. Advanced math skills. Excellent ability to assess, negotiate, and follow up on credit issues. Ability to maintain a positive attitude and enthusiasm under all circumstances. High level of work ethic, willing to put in time and effort to meet customer needs. QUALIFICATIONS & EXPERIENCE: 6 – 8 years of progressive Credit experience, or equivalent Military or practical experience. 2 years as a Credit Manager for an $75M organization. Experience in foodservice sales or distribution. Corporate contract sales experience. Fair Credit Practices training preferred. Clean Credit background. Team management and leadership experience. Ability to successfully pass a background check post offer acceptance.
- 1 Day Ago
Credit and Collections Manager
- Impact Solutions Inc
-
Lexington, MA
FULL_TIME
- Join our team and unlock a world of benefits as a Credit and Collections Manager! We are looking for talent on a contract to hire basis anticipating converting the right candidate to a permanent statu...
- 23 Days Ago
Collections Representative
- Align Credit Union
-
Lowell, MA
FULL_TIME
- Role: This position would include but not be limited to working to minimize potential losses on delinquent loans by contacting credit union borrowers to work toward resolution of the delinquency in ac...
- Just Posted
Collections Intern
- WEBSTER FIRST FEDERAL CREDIT UNION
-
Worcester, MA
INTERN
- Job Details Job Location: Operations Center - Worcester, MA Salary Range: Undisclosed DescriptionThe Collections Intern will be responsible for learning and practicing bank operations and learned skil...
- Just Posted
Credit & Collections Specialist
- Dairy Farmers of America
-
Mansfield, MA
FULL_TIME
- General Purpose:Contact existing customers to complete credit applications. This includes ensuring contact information is accurate, completing reference requests, and reporting. Handle multiple files ...
- 2 Days Ago
Credit and Collections Analyst
- SSi People
-
Westborough, MA
FULL_TIME
- This job offer is not available in your country. Job Title : Credit and Collections Analyst Location : Westborough, Massachusetts Duration : 6 months Responsibilities : This person will engage with cu...
- Just Posted
Credit and Collections Manager jobs at Popular Companies
Credit and Collections Manager
- Marcolin
-
Somerville, NJ
- Job description The Credit & Collections Manager is responsible for the strategic management and the day-to-day operatio...
- 6/11/2024 12:00:00 AM
US LBM Regional Credit Manager
- US LBM Holdings
-
- US LBM is one of the leading and fastest growing distributors of specialty building materials in the United States, with...
- 6/11/2024 12:00:00 AM
Credit Collections Manager
- Quanta US
-
Somerville, NJ
- Since its inception, the company has shown a profound grasp of the ever-changing landscape, acknowledging the significan...
- 6/9/2024 12:00:00 AM
Accounts Receivable Manager
- London Approach
-
Winston-Salem, NC
- We are a dynamic organization dedicated to delivering excellence. Our commitment to innovation and customer satisfaction...
- 6/8/2024 12:00:00 AM
Credit & Collections Manager
- Creative Financial Staffing
-
San Antonio, TX
- This is an exceptional opportunity for an experienced Credit and Collections Manager to join a stable growing manufactur...
- 6/8/2024 12:00:00 AM
Sr. SAP Implementation Analyst - FSCM
- Creative Financial Staffing
-
Minneapolis, MN
- Sr. SAP Implementation Analyst - FSCM Remote | No sponsorship | Contract About Our Client: Great culture - join a tight-...
- 6/8/2024 12:00:00 AM
Assistant Credit Manager
- Creative Financial Staffing
-
Houston, TX
- Our industrial client is seeking an Assistant Credit Manager to join their collections leadership team! This well-establ...
- 6/8/2024 12:00:00 AM
Manager Enterprise Collections & Billing
- Hiring Now!
-
Camden, NJ
- Since 1869 we've connected people through food they love. Our history was created by remarkable people, ideas, and innov...
- 6/8/2024 12:00:00 AM
About Massachusetts
Massachusetts is the 7th-smallest state in the United States. It is located in the New England region of the northeastern United States and has an area of 10,555 square miles (27,340 km2), 25.7% of which is water. Several large bays distinctly shape its coast. Boston is the largest city, at the inmost point of Massachusetts Bay, and the mouth of the Charles River.
Despite its small size, Massachusetts features numerous topographically distinctive regions. The large coastal plain of the Atlantic Ocean in the eastern section of the state contains Greater Boston, along with most of the state's po...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Credit and Collections Manager jobs
$110,735 to $155,958
Most Popular Cities in Massachusetts for Credit and Collections Manager Jobs
What does a Credit and Collections Manager do?
Credit and Collections Manager in Reading, PA
This section, however, is not just a list of your previous credit & collections manager responsibilities.
January 16, 2020
Credit and Collections Manager in Johnstown, PA
The credit and collections manager oversees the credit and collections processes of an organization.
November 27, 2019
Credit and Collections Manager in Bridgeport, CT
Regardless of how you approach hiring a credit and collections manager for your business, do your best to keep the process short.
December 12, 2019