Credit and Collections Specialist

4 weeks ago


Edmonton, Alberta, Canada Doman Building Materials Group Ltd Full time
Credit and Collections Specialist

At Doman Building Materials Group Ltd, we are seeking a highly skilled Credit and Collections Specialist to join our team. As a key member of our finance department, you will be responsible for administering and enforcing credit and collection policies, reviewing credit requests, and minimizing bad debts.

Key Responsibilities:

  • Assist with duties related to maintaining an office setting and managing an accounts receivable portfolio.
  • Solicit payment from customers in accordance with Doman terms and meet or exceed key accounts receivable targets.
  • Evaluate new customer applications for credit and approve or recommend credit limits within company authorized levels.
  • Review and evaluate existing customer credit limits on a regular basis and approve or recommend increases where appropriate.
  • Maintain detailed follow-up notes in the system for each account.
  • Review and release orders as required in a timely fashion.
  • Prepare accounts for third-party collection, bad debt reserve, or write-off.
  • Review credit applications, update credit review date, and assess the value of each, 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 the correct information to apply cash receipts.
  • Oversee receivables for Buying Groups.
  • Investigate and reconcile short payment accounts.

Requirements:

  • Minimum of five years of experience in a computerized A/R environment.
  • Minimum of five 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 in order to read financial statements.

Benefits:

  • Base salary.
  • 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.

Extra Stuff:

  • Fitness reimbursement.
  • Education reimbursement.
  • Employee Referral Bonus.
  • Scholarships for children.
  • Discounts on product purchases.

EMPLOYMENT STATUS: Permanent full-time position, Monday to Friday.

WORK LOCATION: Edmonton, AB.



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