Credit And Collections Manager

Credit and Collections Manager- Jessup, MD
About the Company and Credit and the Collections Manager Opportunity:

• Our repeat client is a publicly traded distributor located in Jessup, MD and has been in the industry for 60 years
• Currently, they are looking to bring on a Credit and Collections Manager on a contract to hire basis to join their team in the new year
• Schedule: M-F 7am-3pm, 100% in office in Jessup, MD. Flexible work schedule and hybrid option offered once established
• Company offers growth opportunities across various departments and boasts strong tenure, a family feel, and a relaxed work environment
• Reports to the CFO
• Ideal start date: after January 10, 2024

Job Duties for the Credit and Collections Manager:

• Staying on top of customer's payment and reviewing aging.
• Perform collection calls on past due customers and send emails to obtain updates on payment.
• Recommends placement and releases of credit holds as outline by procedure and credit terms.
• Manages customer profiles and ensures accurate information received from sales team and forwarded to corporate for entry into the database.
• Processes daily/weekly credit card payment logs, and forward to corporate for processing.
• Research and processes customer claims of invoice payment.
• Research and processes charge backs and returns.
• Answer accounts receivable phone inquiries and follow up.
• Provides guidance, as required, to the cash application specialist for proper application of a customer payment.
• Maintain and balance AR master control log daily.
• Provide weekly reporting to VP of Finance and Controller.
• Compile and sort accounts payable documents, such as invoices, purchase orders, and bill of ladings, substantiating business transactions and obtaining appropriate approvals for three-way match process. Any differences are reviewed with buyer or operations manager for approval of payment.
• Audit invoices against purchase orders, research discrepancies, and receives proper approval prior to payment. Investigate problems that vendors or purchasing agents have with obtaining payment for bills.
• Entry of matched invoice, and process through AP Journal ensuring accuracy and assigning appropriate general ledger account. Enters non-inventory invoices, ensuring proper general ledger account is used.
• Assist CFO with SOX testing.

Qualifications for the Credit and Collections Manager:

• 3+ years' AR/Credit and Collections experience required. Strong AR candidates who want to grow into management are welcome to apply!
• Experience managing up to 3 employees a plus
  • Desire to manage, train, and mentor employees required
• Distribution or manufacturing experience is a plus
• Experience with JD Edwards helpful
• Basic Excel skills
• Comfortable dealing with high maintenance, strong personality customers and employees
• Able to work independently