|
Our client, an innovative west end manufacturer within the CPG industry has retained our firm to source an accomplished Credit and Collections Manager who is a proven leader and visionary. This role is directly responsible for minimizing credit risk and maximizing cash flow from customer accounts while supporting revenue growth. The Manager will recommend and implement appropriate policies and guidelines for customer credit risk, credit approvals and cash receipts, and will lead, inspire and effectively manage the credit team.
MANDATE:
- Lead and direct all activities of the Credit Team to minimize credit risk, optimize timing and accuracy of cash receipts and minimize the cost of operating the credit function
- Establish key performance metrics including Days sales Outstanding, set targets and manage to achieve or do better against all targets.
- Develop, implement and adhere to policies and procedures that apply to the credit function
- Maintain all necessary controls to ensure that the all customer accounts are collected on a timely basis and that customer relationships are not unnecessarily harmed through the collection process
- Work closely with Sales, Customer service and Sales Operations in general, and specifically to ensure customer deductions are well managed and cleared promptly
- Define and establish policy and procedures including defining, monitoring, and modifying customer credit terms and limits as required.
- Prepare and manage the Credit Department budget
- Develop subordinates through formal/informal training, on the job skills development and increasing responsibility.
- Prepare departmental report analysis, monthly reporting packages, day’s sales outstanding analysis, cash flow forecasts, bad debt provision, and risk analysis. Take corrective action where necessary.
KEY COMPETANCIES:
- Experience in all functional areas of Credit & Collections
- Strong computer aptitude – MS Office, PowerPoint, Cognos, Impromptu
- Excellent navigational skills in BPCS
- Demonstrated fiscal responsibility
- Credit Professional designation (CCA or FCI)
For your application to be received successfully, please include (#83-45-MH2426) in the subject line.
|