Credit and Collection Manager

The Credit and Collection Manager leads a team ensuring that clients/customers pay on time, resolve any issues with past due payments, and maintain good relationships with vendors. 

DUTIES AND RESPONSIBILITIES:

• Analyzes and review open credit accounts data . Checks for errors and inconsistencies in the data. 

• Setting payment collection goals and target for the department

• Develops new collection policies and procedures to avoid excessive outstanding credits

• Negotiates with clients/customers in cases when non-payment occurs

• Performs audit and checks to assess and confirm accurate payment activities

• Implements deadlines for invoicing and payment collection.

• Makes necessary action by contacting 3rd party, legal partners for overdue accounts to ensure collection will be made.

• Prepares and submit reports pertaining to Accounts Receivable Aging, Collection Performance, New Accounts and other related reports.

• Develops staff capabilities and potentials through jobs training, coaching and mentoring. Inspires confidence and promotes teamwork. Ensures discipline and compliance of staff to company policies.

• Oversees investigation of credit risk for customer and provides course of action on credit applications.

• Initiate coordination with other concerned departments for faster resolution of issues related to collection of payments.

QUALIFICATIONS:

• Graduate of BS Business Commerce-Accounting or BS Accountancy or any related courses.

• Must have at least five (5) years related work experience as a Credit and Collection Manager from retail companies and related industries.

• Technology savvy, must be proficient in using accounting software.

• With above average oral and written communication skills                     

• Numerate, must be analytical and with good problem-solving skills

• Can think logically and pay keen attention to details

• Must be a team-player and with good interpersonal skills