Credit and Collections Director jobs in Connecticut
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)
Recently Added Credit and Collections Director jobs
Senior Credit and Collections Specialist
- 231 TUS - TRUMPF, Inc.
-
Farmington, CT
FULL_TIME
- How brave are you? We are a high-tech company providing machine tools and laser technology, and are looking for people who can face new challenges with a fresh mind. As an independent family company, we offer you the freedom and trust to put your brave ideas into practice. With you on board, we would like to power ahead with the digital networking of the manufacturing industry. Our passion and creative drive ensure that we are an innovative force – across the globe at over 80 TRUMPF locations. An experienced Senior Credit and Collections Specialist, reporting to the Head of Credit and Collections. Performs Credit Management, Collection, and Risk Mitigation tasks for TRUMPF, Inc. Assists with improving departmental performance and efficiency as well as reporting tasks. Senior Credit & Collections Specialist Responsibilities Work closely with the Head of Credit and Collections to meet target requirements, improve departmental efficiency, and make suggestions for inter-departmental improvements. Manage and mitigate risk through timely identification and escalation of problems, and propose resolutions, to the Head of Credit and Collections. Actively manage and perform collection responsibilities for high value customer accounts, driving improvement in the Accounts Receivable condition and mitigating risks. Effectively communicate, engage, and collaborate closely with all TRUMPF Inc. for problem resolution and customer support. Monitor the company Aged Trial Balance (ATB) for TRUMPF Inc, focusing on driving improvement and quality of AR. Perform credit and risk analysis of new and existing customers. Work with all TRUMPF Inc. internal and external customers on accounts receivable balances in a proper and timely manner. Work with Contracts and Finance to mitigate risk, reduce overdue AR. Provide leadership, guidance, and training for team members in the areas of collection, credit management, performance. Assist with business performance report creation and tracking, improving Department performance and transparency within the organization. Assist with reporting on a monthly and quarterly basis (e.g., Monthly AR, Quarterly Bad Debts, Productivity Management, Business Segment reviews, Internal Audit Tasks) Review Dun & Bradstreet / Moody's credit reports; process UCC filings and terminations. Collaborate with external debt collection agencies as needed. Open new accounts, process trade and bank references, and signed credit applications. Education Bachelor's degree MBA advantageous Experience Minimum 5 years B2B Credit Management and Collections experience, preferably in a diversified manufacturing company. Proficient with Excel and Power BI SAP Proficiency TRUMPF is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, citizenship, disability, veteran status, or other protected class. TRUMPF Inc. endeavors to make TRUMPF careers pages accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance in completing the applications process, please contact our HR department at 860.255.6000 or at HRgeneral@us.trumpf.com. This contact information is for accommodation requests only and can not be used to inquire about the status of application. "Trusting in brave ideas" – That is our commitment to our 16.500 employees worldwide. The basis for this comes from the fact that we are a family company, which to us is not only a description of our company type, but also guides all our thinking and actions. We make long-term decisions and can therefore provide our employees with the confidence and stability necessary to bring even bold ideas to full development. As a market and technology leader in machine tools, laser technology and electronics, we are driving the digital networking of the manufacturing industry through consultation, platform products, and software products. With more than 80 subsidiaries, the TRUMPF Group is represented in almost all European countries, in North and South America as well as in Asia.
- 1 Day Ago
Senior Credit and Collections Specialist
- TRUMPF North America
-
Farmington, CT
FULL_TIME
- How brave are you? We are a high-tech company providing machine tools and laser technology, and are looking for people who can face new challenges with a fresh mind. As an independent family company, ...
- 3 Days Ago
Credit and Collections Analyst
- Ashcroft Brand
-
Stratford, CT
FULL_TIME
- Assist in the assessment of the creditworthiness of customers as well as focusing on collections with Engineering, procurement and construction (EPC), and National accounts as well as all those accoun...
- 15 Days Ago
Credit and Collections Specialist Hartford
- LAZ Parking
-
Hartford, CT
FULL_TIME
- Description Want to hear something crazy? Cars only spend 5% of their time driving. Where do they spend the other 95%? PARKED! LAZ Parking is one of the largest and fastest growing parking companies i...
- 25 Days Ago
Director credit risk
- Webster Bank
-
Southington, CT
FULL_TIME
- If you’re looking for a meaningful career, you’ll find it here at Webster. Founded in 1935, our focus has always been to put people first doing whatever we can to help individuals, families, businesse...
- 6 Days Ago
Director, Credit Analytics
- Webster Bank
-
Southington, CT
FULL_TIME
- If you’re looking for a meaningful career, you’ll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, business...
- Just Posted
Credit and Collections Director jobs at Popular Companies
Director Credit Collections
- Spot On Talent
-
Fort Worth, TX
- Are you a credit & collections leader who values building strong relationships with both your internal and external cust...
- 6/11/2024 12:00:00 AM
Executive Director
- Jordan Schnitzer Family Foundation
-
Portland, OR
- Jordan Schnitzer and his family foundation, The Jordan Schnitzer Family Foundation, have assembled one of the largest pr...
- 6/11/2024 12:00:00 AM
Executive Director
- HR Personal
-
Portland, OR
- Jordan Schnitzer and his family foundation, The Jordan Schnitzer Family Foundation, have assembled one of the largest pr...
- 6/11/2024 12:00:00 AM
Executive Assistant to the Director of Collections/Librarian
- Folger Shakespeare Library
-
Washington, DC
- Executive Assistant to the Librarian The Folger Shakespeare Library in Washington, DC is seeking an experienced Executiv...
- 6/10/2024 12:00:00 AM
Senior Collections Manager
- National Corvette Museum
-
Bowling Green, KY
- DESCRIPTION The Sr. Collections Manager is responsible for overseeing all collections management and care, while also id...
- 6/10/2024 12:00:00 AM
Credit Analyst
- LIFE SURGE
-
- Job Title: Credit Analyst/ Admin Employment Type: Full Time, 40 hours/week Reports to: Credit and Collections Director F...
- 6/8/2024 12:00:00 AM
Director of Collections & Projects
- OZ Art NWA™
-
Bentonville, AR
- Position: Director of Collections & Projects Department: OZ Art NWA Company: Ingeborg Reporting to: President Location: ...
- 6/7/2024 12:00:00 AM
Director, Collections
- Modernizing Medicine, Inc.
-
Boca Raton, FL
- We are united in our mission to make a positive impact on healthcare. Join Us! South Florida Business Journal, Best Plac...
- 6/7/2024 12:00:00 AM
About Connecticut
Connecticut is bordered on the south by Long Island Sound, on the west by New York, on the north by Massachusetts, and on the east by Rhode Island. The state capital and fourth largest city is Hartford, and other major cities and towns (by population) include Bridgeport, New Haven, Stamford, Waterbury, Norwalk, Danbury, New Britain, Greenwich, and Bristol. Connecticut is slightly larger than the country of Montenegro. There are 169 incorporated towns in Connecticut.The highest peak in Connecticut is Bear Mountain in Salisbury in the northwest corner of the state. The highest point is just east...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Credit and Collections Director jobs
$159,435 to $225,475
Most Popular Cities in Connecticut for Credit and Collections Director Jobs
What does a Credit and Collections Director do?
Credit and Collections Director in Houston, TX
David requires that one-time customers (and consumers) pay for his services by cash or credit card.
January 24, 2020
Credit and Collections Director in Sacramento, CA
Credit analysts in the United States can obtain memberships, continuing education and certification through NACM.
February 09, 2020
Credit and Collections Director in Evansville, IN
However, most debtors understand the collection process that creditors use, and understand the risk they face when they delay payment. Occasionally, the penalty for delaying payments to creditors involves a credit hold.
February 13, 2020