Financial Operations Coordinator
4 weeks ago
About the Role:
We are seeking a highly skilled Financial Operations Coordinator to join our team at Doman Building Materials Group Ltd. This is a permanent, full-time position working Monday to Friday in Langley, BC.
Job Summary:
The Credit Administrator will be responsible for administering and enforcing credit and collection policies, reviewing credit requests within authorized limits, minimizing bad debts, and providing credit support to the sales force while optimizing Accounts Receivable investment and maximizing sales.
Key Responsibilities:
- Maintain an accounts receivable portfolio, minimizing company risk while sustaining healthy profitable customer relationships.
- Solicit payment from customers according to Doman terms, meeting or exceeding key accounts receivable targets using telephone collections, reconciliation of accounts receivable, and written correspondence.
- Evaluate new customer applications for credit and approve or recommend credit limits within company authorized levels.
- Review existing customer credit limits regularly, approving or recommending increases where appropriate, within company authorization levels.
- Maintain detailed follow-up notes in the system for each account.
- Release orders as required in a timely fashion.
- Prepare accounts for third-party collection, bad debt reserve, or write-off.
- Assess credit applications, update credit review dates, and engage assistance of the Corporate Credit Manager for credit limits greater than $50,000.
- Identify, manage, and monitor problem accounts.
- Ensure National Office has correct information to apply cash receipts.
- Oversee receivables for Buying Groups.
- Investigate and reconcile short payment accounts.
Requirements:
- Minimum 5 years of experience in a computerized A/R environment.
- Minimum 5 years of credit and collection experience.
- Thorough understanding of all aspects of credit and collections, including account maintenance and reconciliation, collection of past due accounts, and credit analysis.
- Understanding of accounting principles to read financial statements.
Benefits:
- $60,000 - $80,000 annual salary, depending on experience.
- Annual incentive plan based on company performance.
- Health benefits plus virtual healthcare.
- Group pension plan with employer matching contributions.
- Option to purchase Doman stock at a discounted price.
What We Offer:
- Fitness reimbursement.
- Education reimbursement.
- Employee Referral Bonus.
- Scholarships for children.
- Discounts on product purchases.
This role requires excellent communication skills, good computer skills, and the ability to maintain composure when dealing with difficult situations. If you have a strong background in finance and operations, we encourage you to apply.
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