Credit and Collections Supervisor jobs in Michigan
Credit and Collections Supervisor is responsible for the activities and operations in the credit and collections department. Oversees the processing and verification of applications for credit and the solicitation for payment on overdue accounts. Being a Credit and Collections Supervisor investigates credit issues and suggests payment options to be approved. Ensures collectors follow all protocols, laws and regulations to collect payments efficiently. Additionally, Credit and Collections Supervisor may require a bachelor's degree. Typically reports to a manager. The Credit and Collections Supervisor supervises a small group of para-professional staff in an organization characterized by highly transactional or repetitive processes. Contributes to the development of processes and procedures. Thorough knowledge of functional area under supervision. To be a Credit and Collections Supervisor typically requires 3 years experience in the related area as an individual contributor. (Copyright 2024 Salary.com)
Recently Added Credit and Collections Supervisor jobs
Credit/Collections Supervisor/Manager
- Robert Half
-
Warren, MI
FULL_TIME
-
Description
We are seeking a diligent and detail-oriented AR and Collections Specialist to join our finance team. The ideal candidate will have a strong background in accounts receivable management and collections, with the ability to navigate complex customer relationships while ensuring timely payment and resolution of outstanding invoices. This role is crucial to maintaining healthy cash flow and minimizing bad debt exposure for the company.
Key Responsibilities- Accounts Receivable Management:
- Process and post customer payments accurately and in a timely manner.
- Reconcile accounts receivable ledger to ensure all payments are accounted for and properly posted.
- Monitor customer accounts for overdue payments and follow up with customers via phone, email, or mail to secure payment.
- Collections:
- Develop and maintain effective collection strategies to minimize outstanding accounts receivable.
- Contact customers with overdue accounts to negotiate payment plans and resolve payment discrepancies.
- Document all collection activities and update account status accordingly in the company's ERP system.
- Customer Communication:
- Respond promptly and professionally to customer inquiries regarding billing issues, account balances, and payment arrangements.
- Build and maintain positive relationships with customers to facilitate prompt payment and resolve any disputes or concerns.
- Reporting and Analysis:
- Generate regular reports on accounts receivable aging, cash collections, and bad debt reserves for management review.
- Analyze payment trends and identify areas for improvement in collections processes or customer credit policies.
- Credit Management:
- Evaluate creditworthiness of new and existing customers and establish appropriate credit limits.
- Monitor credit exposure and recommend adjustments to credit terms or limits as needed to mitigate risk.
- Bachelor's degree in accounting, finance, or related field preferred.
- years of experience in accounts receivable management and collections.
- Proficiency in Microsoft Excel and experience with ERP systems (e.g., SAP, Oracle).
- Strong communication and negotiation skills with a customer-centric approach.
- Ability to prioritize tasks and work independently in a fast-paced environment.
- Knowledge of credit management principles and best practices.
- Expertise in Accounting Software Systems
- Proficiency in Accounts Receivable (AR)
- Familiarity with Billing Functions
- Knowledge of Collection Processes
- Understanding of Credit and Credit Limits
- Experience in B2B collections
- Familiarity with Collections - Commercial
- Experience in Collections Management
- Ability to supervise and manage a team
- Excellent communication and negotiation skills
- Attention to detail and accuracy
- Ability to analyze data and make decisions based on data
- Ability to handle multiple tasks and prioritize
- Strong problem-solving skills
- Ability to work independently and as part of a team
- Strong ethical standards and high levels of integrity.
Robert Half works to put you in the best position to succeed. We provide access to top jobs, competitive compensation and benefits, and free online training. Stay on top of every opportunity - whenever you choose - even on the go.
All applicants applying for U.S. job openings must be legally authorized to work in the United States. Benefits are available to contract/temporary professionals, including medical, vision, dental, and life and disability insurance. Hired contract/temporary professionals are also eligible to enroll in our company 401(k) plan. Visit
© 2024 Robert Half. An Equal Opportunity Employer. M/F/Disability/Veterans. By clicking “Apply Now,” you’re agreeing to - 7 Days Ago
Collections Specialist
- A B D Federal Credit Union
-
Warren, MI
FULL_TIME
- Collections Manager ABD Federal Credit Union Location: Main Branch in Warren, MI 48092 Job Type: Full-time Willingness to Travel: 25% (Preferred) Schedule: Monday to Friday Benefits: 401(k) Dental ins...
- 4 Days Ago
Credit and Collections Manager
- GCC Management Company, LLC
-
Rochester, MI
FULL_TIME
- Job description Position Summary: Glorious Cannabis is the largest Cannabis companies in Michigan serving over 500 retail cannabis dispensaries in the state. Our product line includes Bulk and prepack...
- 11 Days Ago
Credit & Collections Manager
- Clark Hill
-
Detroit, MI
FULL_TIME
- Clark Hill PLC Position Description Position: Credit & Collections Manager Reports To: Director of Client Accounting Status: Exempt Summary: Responsible for coordinating the day-to-day collection acti...
- 26 Days Ago
Collections Specialist Career Opportunity!
- Michigan Credit Union League
-
Farmington, MI
FULL_TIME
- Organization: LOC CU Date Posted: January 19, 2024 Region: Southeast Michigan Location of Position: Farmington Position Level: Entry LOC Credit Union is looking for a dynamic individual to join it's C...
- 1 Day Ago
Payment Solutions Representative (Collections)
- Michigan First Credit Union
-
Village, MI
FULL_TIME
- 27000 EvergreenLathrup Village48076We are currently seeking a Payment Solutions Representative to join us. The person in this position will report to the Payment Solutions Manager.Job SummaryConducts ...
- 12 Days Ago
Credit and Collections Supervisor jobs at Popular Companies
Assistant Community Manager
- AOG Living
-
Brownsville, TN
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Assistant Negotiator, Local Broadcast
- OMD USA
-
Dallas, TX
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Senior Accounts Receivable Manager
- WestAir Gases & Equipment
-
San Diego, CA
- Position Overview The Senior Accounts Receivable Manager is a vital position that reports to the Vice President of Accou...
- 6/12/2024 12:00:00 AM
Regional Sales Manager (Southwest)
- Stella-Jones
-
- Company Overview Stella-Jones is North America's leading producer of industrial pressure-treated wood products. Respondi...
- 6/12/2024 12:00:00 AM
Territory Representative
- Altenloh, Brinck & Co. US, Inc.
-
Dallas, TX
- Job Title: Territory Representative Reports To: Sales Support Operations Supervisor Job Status: Hourly Job Locations: Re...
- 6/12/2024 12:00:00 AM
Assistant Community Manager
- AOG Living
-
Spring, TX
- Our national multi-family management company seeks an Assistant Community Manager with a "Whatever it Takes" attitude to...
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Customer Program Manager III
- Ultra Clean Technology
-
Chandler, AZ
- Join UCT and be part of the fastest-growing sector in the world! We indirectly touch every semiconductor chip that goes ...
- 6/12/2024 12:00:00 AM
HR Assistant
- TÜV SÜD
-
Wakefield, MA
- TÜV SÜD America Hiring for HR ASSISTANT for Wakefield, MA Location Please find the job description below for your refere...
- 6/12/2024 12:00:00 AM
About Michigan
Michigan consists of two peninsulas that lie between 82°30' to about 90°30' west longitude, and are separated by the Straits of Mackinac. The 45th parallel north runs through the state—marked by highway signs and the Polar-Equator Trail—along a line including Mission Point Light near Traverse City, the towns of Gaylord and Alpena in the Lower Peninsula and Menominee in the Upper Peninsula. With the exception of two small areas that are drained by the Mississippi River by way of the Wisconsin River in the Upper Peninsula and by way of the Kankakee-Illinois River in the Lower Peninsula, Michigan...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Credit and Collections Supervisor jobs
$69,334 to $94,653
Most Popular Cities in Michigan for Credit and Collections Supervisor Jobs
What does a Credit and Collections Supervisor do?
Credit and Collections Supervisor in Atlantic City, NJ
As a Credit and Collections Supervisor you are going to be responsible for.
January 16, 2020
Credit and Collections Supervisor in Lowell, MA
As a Collections Manager, you will be required to be able to present reports on invoicing and credit portfolio, etc.
January 22, 2020
Credit and Collections Supervisor in Vincennes, IN
Credit and collections supervisors need the ability to understand and interpret the financial condition of applicants and current customers.
December 01, 2019