Credit & Accounts Receivable Manager (Distribution)
2 weeks ago
Link Product Solutions Limited is one of Canada’s largest independent Importer and Distributor of seasonal decorations, holiday products, confectionary, plastics, stationary, crafts, pets and party supplies. We service over 2,000 independent retailers from two distribution centers located in Concord and Brampton, Ontario.
Located on site at our Head Office in Concord, Ontario, we are currently recruiting an experienced hands-on Credit/Accounts Receivable Manager with a proven track record in managing all aspects of the Credit and Accounts Receivable departments within a medium size, entrepreneurial organization.
**Benefits of joining us**:
- **Competitive Gross Annual Compensation Package**:
- **Comprehensive Fully Premium Paid Company Benefits package: Health/Dental/Vision/AD/D & Life Insurance**:
- Multicultural, diverse, environment which highly values family, exchange of ideas with a supportive and positive team
- Company Events, Free Parking
**Position Summary**: Reporting to the President, the Credit/Accounts Receivable Manager will plan, organize, direct, control and evaluate the activities of the Credit, Collection, and Accounts Receivable departments.
**Position Responsibilities**:
- Responsible for credit approval of orders for new and existing accounts; including managing a department of three (3) employees in the Accounts Receivable/Cash Receipts and Collections departments
- Access credit risk; credit terms approval; negotiate terms and payment schedules
- Approve customer orders and coordinate with the distribution center for shipping
- Major accounts reconciliations, research deductions and payment shortages
- Liaise with Sales Managers and Sales Representatives at various locations
- Credit analysis and monthly reporting
- Initiate legal or other recovery actions against customers who are delinquent
- Maintain a strong cash flows through efficient collections
- Ensure timely and effective collection of outstanding debts
- Analyze collection metrics, such as Days Sales Outstanding (DSO),
- Manage escalations and resolve high-level disputes
- Monitor bank deposits and credit cards activities and update the Cash Journal
- Liaise with the Credit Insurance company
- Establish and sustain relationships with external and internal customers to ensure efficient communication and resolution of collection-related concerns.
- Ensure that tasks and reporting deliverables for month-end, Quarter end and year-end closing are met
- Provides daily supervision and guidance to the Collections and Accounts Receivable teams
- Manages team performance reviews and mentors team members towards continuous performance improvement.
- Other related duties
**Qualifications**:
- A minimum of 5 years of demonstrated work experience as a Credit/Accounts Receivable Manager in a Distribution environment. Bilingual - French a definite asset.
- A degree or diploma in Business or Finance/Accounting is required or equivalent combination of experience and education.
- Advance computer - MS Office /Excel skills
- Ability to multitask, prioritize and organize/work effectively in a fast pace, high volume, dead line driven environment
- Management experience with a demonstrated ability to lead and motivate a team
- Excellent negotiations and decision-making skills with high attention to detail
- Effective interpersonal, communication and problem-solving skills
- Team player with strong initiative and positive outlook
- Easily adaptable to changing priorities and schedules
- Establish and maintain effective working relationships with other staff members
**Join our team and be part of our success story**
**Job Types**: Full-time, Permanent
Pay: Up to $80,000.00 per year
**Benefits**:
- Dental care
- Extended health care
- Life insurance
- Vision care
Schedule:
- Day shift
- Monday to Friday
Ability to commute/relocate:
- Vaughan, ON L4K 3N7: reliably commute or plan to relocate before starting work (preferred)
**Education**:
- Bachelor's Degree (preferred)
**Experience**:
- Credit and Accounts receivable Managerial: 5 years (preferred)
**Language**:
- French (preferred)
Work Location: In person
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