Korn Ferry has partnered with our client in their search for an Account Receivables and Credit Manager. This role will be responsible for all aspects of managing Accounts Receivables and Credit management strategy, including managing the accounts receivables and credit team and functions.
The function is a key support function for the order-to-cash process. It will guide and support all regions and associated branches regarding establishing and monitoring customer credit terms, distributing invoices, driving collections and payments, and supporting customer requests.
The position manages a critical process that meets our customers' needs, and the candidate must have an excellent customer experience mindset while collecting payments.
Manage a team to establish and monitor customer credit terms, distribute invoices, collections, and handle customer requests. Supervise a group of about 25, including two supervisors and one Lead.
Lead transformation initiatives to drive continuous improvement, agility, and visibility across the Accounts Receivables and Credit Risk Management by evaluating new technologies and industry best practices.
Ensure systems, policies, and procedures are in place, allowing branches and departments to reduce risk and improve invoice collection in a timely manner.
Secure optimal utilization of our ERP platform to improve transparency and reduce waste throughout the Credit Management and Accounts Receivables Process.
Manage credit risk, effectively distribute invoices, and collect payments.
Manage payment deviations and ensure the regions can act with customers on past-due invoices.
Oversee credit reporting, inquiries/disputes to Dun & Bradstreet
Maintain Credit team processes and competency to ensure customer applications and COD requests are processed on time
Proactive account monitoring to determine credit limit worthiness
Oversee the review and approval of credit authorizations
Ensure all customer cards are accurate and updated as needed
Effectively manage certificate of insurance requirements
Manage invoice distribution strategy to ensure customers receive invoices in a timely manner in the agreed-upon format.
Qualifications
Bachelors Degree in Business, Accounting or Finance
7+ years of A/R and credit experience, Supervisory skills required