Director of Credit and Collections

Coleman Oil Company LLC
Bellingham, WA Full Time
POSTED ON 3/7/2024

This is a work from home position and therefore candidates will be considered in either the Washington or Idaho areas.

OVERALL JOB DESCRIPTION:

  • The Director of Credit & Collections leads the overall Credit & Collections function for Coleman Oil.
  • Ensures policies regarding the investigation of customers, extension of credit lines and collections are followed.
  • Designs and implements processes to improve cash flow and reduce past due receivables.
  • Oversees the negotiation and course of action taken on overdue accounts.
  • Manages a department of credit & collections associates and creates functional strategies and specific objectives for the team.
  • Responsible for minimizing Bad Debt and approving Bad Debt Write-offs within delegation.
  • Oversees the outside collection agency activity including agency selection.
  • Leads the Credit Team’s collaboration with Sales in a flexible, customer-centric approach to support company growth objectives.
  • Participates in Sales Meetings and regular meetings with Executive Leadership.

FUNCTIONAL COMPETENCIES:

  • Analytical Thinking - tackles critical large-scale issues using rational thinking and reasoning.
  • Business Impact - sets goals for the function.
  • Collaboration - reinforces partnerships internally and externally that could lead to growth opportunities for the organization.
  • Communication Skills - Communicates at a high level and is able to negotiate on a broad spectrum of matters.
  • Company Knowledge - Understands how the functions integrate into the division and the strategic concept behind the corporate goals.
  • Functional Knowledge - Wide range of understanding of multiple disciplines.
  • Influence - Takes advantage of wide-spread support within the division to elevate proposals and projects import to him/her.
  • Job Impact - Division.
  • Leadership Skills - Manages a department.
  • Managing Change - Sponsors transformation for the division.
  • Problem Solving - Arrives at decision using analytical thought.
  • Strategic Responsibility - sets or influences strategy for his/her function.

POSITION REQUIREMENTS:

  • 8 years Credit and Collections Management, Leadership experience preferred
  • Bachelors Degree in Business or related field preferred
  • Strong negotiation skills
  • Ability to work under pressure
  • Solid interpersonal skills
  • Attention to detail
  • Excellent professional written and verbal communication skills
  • Excellent analytical skills
  • Ability to lead by example with a positive approach in working with customers and teams
  • Strong skills in Enterprise platforms
  • Strong Excel and basic office tools.

COMPENSATION:

Salary range - $80,000 TO $125,000 (DOE) with a Management by Objectives (MBO) Bonus

BENEFITS:

Health - We offer a comprehensive benefit package including medical, dental, vision, long term disability and ancillary options that include accident, critical illness, life insurance, flexible spending accounts, health savings accounts, short term disability and whole life. These benefits are available to full time employees.

401(k) - Full time and part time employees are eligible to enroll in the company 401(k) plan following a predetermined amount of time. This option comes with a company match of up to 4%.

Days Off – Employees will accrue 1 hour of paid time off for every 40 hours worked, one personal day on the 1st of January each year and six paid holidays throughout the calendar year.

Salary.com Estimation for Director of Credit and Collections in Bellingham, WA
$298,695 to $437,253
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