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Credit and Collections Manager
Impact Solutions Schaumburg, IL
$100k-134k (estimate)
Full Time | Scientific Services 2 Weeks Ago
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Impact Solutions is Hiring a Credit and Collections Manager Near Schaumburg, IL

Our company is a global e-commerce organization that offers a casual but fast paced environment where creativity and effective teamwork and collaboration are rewarded. We are passionate about changing the way people shop online and providing the best possible customer experience - not to mention cash back on every purchase, with no strings attached.
We are a very progressive organization providing our clients with substantial capital, access to great technology, and access to international markets. We're always interested in meeting talented individuals interested in helping us change the way the world shops, so if you're passionate about helping save people money and improving the shopping experience apply now!
We are looking for a Credit and Collections Manager who is passionate about adding value to the organization by building out a credit and collections process for a large, complex portfolio that will mitigate risk and minimize bad debt. This position reports to the Director, Accounts Receivable in our Schaumburg, IL office.
The ideal candidate should display a positive and proactive attitude, strong organizational skills, the ability to prioritize and multitask and be a strong communicator, both paper and over the phone, as he or she will frequently deal with higher levels of management.
Key Responsibilities

  • Manage credit by analyzing financial statements and using available resources to proactively identify and address at-risk clients
  • Work with Director of AR to make credit recommendations and present key financial data to be reviewed with Senior Managers
  • Manage collections process, develop and track KPIs
  • Manage aging policy and provide thorough, efficient, and accurate account updates
  • Identify, recommend, and execute the necessary process adjustments and improvements
  • Perform bad debt allowance and DSO calculations

MINIMUM REQUIREMENTS (Knowledge, Skills, Abilities)To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • Proven success in a management role
  • Knowledge of credit, collections, and accounts receivable
  • Ability to read and interpret financial statements
  • Ability to effectively communicate, especially through email
  • Ability to work independently and with minimal supervision
  • Proficient in relevant computer applications
  • Negotiation and conflict management skills

Beneficial Skills

  • Internet industry experience a plus, especially dealing with affiliate relationships
  • Experience with D&B, Credit Risk Monitor or other credit industry tools
  • Knowledge of Oracle Cloud ERP

Qualification Requirements

  • BS in Finance, Accounting or related field
  • Minimum of 4 years B2B credit experience in a management role.

The successful applicant for this role will be eligible for discretionary bonus, health, vision, dental insurance, 401k matching, PTO, Volunteer Time Off (VTO), and other employee benefits as the company implements.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Scientific Services

SALARY

$100k-134k (estimate)

POST DATE

05/13/2024

EXPIRATION DATE

07/11/2024

WEBSITE

impact-solutions.co.uk

HEADQUARTERS

GRANGEMOUTH, SCOTLAND

SIZE

25 - 50

FOUNDED

2002

CEO

KEVIN ROSS

REVENUE

<$5M

INDUSTRY

Scientific Services

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The job skills required for Credit and Collections Manager include Accounts Receivable, Accounting, Communicates Effectively, Credit Risk, Organizational Skills, Financial Statements, etc. Having related job skills and expertise will give you an advantage when applying to be a Credit and Collections Manager. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Credit and Collections Manager. Select any job title you are interested in and start to search job requirements.

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