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Head of Accounts Receivable Strategy
2 months ago
We are seeking a highly skilled and experienced Director of Credit and Collections to join our team at Recruitment Partners. As a key member of our organization, you will be responsible for spearheading our credit and accounts receivable strategy, driving process enhancements, and optimizing invoice-to-cash processes.
Key Responsibilities- Develop and Implement Credit and Collections Policies: Create and implement credit and collections policies and procedures in line with company objectives and industry standards.
- Lead Accounts Receivable Strategy: Spearhead the credit and accounts receivable strategy, driving process enhancements and automation projects to streamline operations.
- Manage Relationships with Operations Partners: Manage relationships with operations partners, ensuring policies and procedures are being followed to maximize revenue and collections.
- Negotiate Payment Plans and Settlements: Negotiate payment plans and settlements with delinquent customers, initiating legal actions when necessary.
- Monitor and Report on Accounts Receivable Status: Monitor and report on accounts receivable status, aging, and collections activities, providing regular updates on key metrics to Senior Management.
- Prepare and Present Reports: Prepare and present monthly and quarterly reports on credit and collections performance, highlighting areas for improvement.
- Education: Bachelor's Degree in Business, Accounting, Finance, or a related field.
- Experience: 7-10 years of experience with Accounting/Billings/Collections and 5+ years in a leadership role.
- Skills: Strong knowledge of accounting principles, billings operations, credit analysis, and collections techniques. Proficiency in Excel is considered an asset.
