Vaco Staffing is Hiring an AR Credit Manager Near Richmond, VA
Vaco is recruiting for an AR/Credit Manager for a local Richmond company. Job Responsibilities:
Oversee all aspects of accounts receivable functions, including accurate invoicing, receipt application, and reconciliation.
Develop and implement credit policies and procedures to minimize risk and maximize sales and cash flow.
Evaluate customer creditworthiness based on financial data, credit reports, and payment histories, and make decisions on credit approvals.
Develop and implement collection strategies to reduce delinquency and improve cash flow, including negotiation of settlements and recommending legal action when necessary.
Monitor aging reports to identify overdue accounts and prioritize collection efforts accordingly.
Communicate with customers regarding payment terms, overdue balances, and payment arrangements while maintaining professional relationships.
Investigate and resolve customer disputes or discrepancies related to billing or payment issues.
Prepare and analyze accounts receivable reports, including aging reports and collection performance metrics, providing regular updates to management.
Identify opportunities to streamline processes and improve efficiency within the accounts receivable and credit collections function.
Supervise and mentor accounts receivable and collections staff, providing training and guidance as needed.