Job Title:
Credit Collections Manager

Company: Quanta US

Location: somerville, MA

Created: 2024-05-11

Job Type: Full Time

Job Description:

Since its inception, the company has shown a profound grasp of the ever-changing landscape, acknowledging the significance of delivering outstanding and pioneering products. Firmly grounded in the rich heritage of Italian manufacturing excellence and an innovative perspective on the fusion of eyewear and fashion, they have transitioned from a humble "artisanal workshop" to establish themselves as prominent global leaders in the eyewear industry.Summary:The Credit & Collections Manager is responsible for the strategic management and the day-to-day operations of the Credit and Collections Department. The Credit and Collections Manager will manage the collections team with the responsibility for establishing and meeting monthly collections targets, new account processing, credit limit reviews, customer negotiations, pastdue accounts, policies and processes.Essential Duties and Responsibilities:Lead the Credit and Collections team, establish and monitor monthly department and individual collection goals, based on measurable resultsManage the day-to-day operations of the Credit and Collections team and be the go-to person for the day-to-day operational support of the team, provide guidance, analysis and resolve issuesLead the team to peak performance, streamline processes, drive change, generate efficiencies and establish, improve and document credit and collections related processes and controls in alignment with Company policiesStrong leadership experience with an analytical, collaborative, and positive mindsetSupport cash management and cash applicationsMake determinations on credit lines and terms of paymentConduct analysis and full understanding of customer base and related risk, review hold and blocked listsManage accounts receivable aging and bad debt reserves and write-offsManage the interaction and communication with credit and collections agenciesEvaluate proper staffing levels and facilitate the staffing, training, motivation and development of the teamOther duties as assignedWork Experience and Education Requirements:BABS in AccountingMinimum of 5 years hands-on credit collections experience in a fast-paced target driven businessMinimum of 3 years AR and Collections managerial experience, managing teams of 5 or more, improving the AR and collections of complex high-volume businessesSAP systems experience strongly preferredCash management experience a plusSkills Competencies:Preferred Excel skills in pivot tables, Vlookups and spreadsheetsStrong communication, interpersonal, detail and team oriented, problem solving skillsDemonstrated leadership and motivational skillsAnalytical and organizational abilitiesSolid time management and multi-tasking capabilitiesHigh level of professionalismSound judgment, with ability to make measured risk decisionsWork Conditions EnvironmentHybrid Schedule Monday, Tuesday and Thursday onsite Wednesday& Friday are remote work days.