Credit and Collections Director jobs in Lansing, MI
Credit and Collections Director leads the overall credit function. Designs and implements processes to improve cash flow and reduce receivables. Being a Credit and Collections Director develops policies regarding the investigation of customers, extension of credit lines, and collections. Consults with current and future clients regarding their level of credit. Additionally, Credit and Collections Director oversees the negotiation and course of action taken for overdue accounts. Typically requires a bachelor's degree. Typically reports to top management. The Credit and Collections Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. To be a Credit and Collections Director typically requires 5+ years of managerial experience. (Copyright 2024 Salary.com)
Recently Added Credit and Collections Director jobs
- Awi Leasing Llc
-
Lansing, MI
FULL_TIME
-
The Auto Parts Credit Manager is responsible for overseeing all aspects of credit and collections for the auto parts division of the company. This includes evaluating the creditworthiness of customers, establishing credit limits, monitoring accounts receivable, and ensuring timely payment collection. The Credit Manager works closely with sales teams, customers, and internal stakeholders to manage credit risk effectively while maintaining strong customer relationships.
Responsibilities include:
Credit Assessment: Evaluate the creditworthiness of new and existing customers using financial statements, credit reports, and other relevant information.- Credit Policy Development: Develop and implement credit policies and procedures tailored to the auto parts industry, ensuring compliance with company guidelines and industry regulations. Work in conjunction with the sales team and management to ensure company policies are followed as well encouraging sales growth and profitability.
- Credit Limit Determination: Establish appropriate credit limits for customers based on their financial stability, payment history, and market conditions.
- Customer Onboarding: Manage the credit approval process for new customers, including reviewing credit applications, conducting credit checks, and setting up credit terms.
- Collections Management: Monitor accounts receivable aging reports and take proactive measures to collect overdue payments. Coordinate with collection agencies or legal counsel as necessary.
- Dispute Resolution: Investigate and resolve billing discrepancies or disputes with customers in a timely manner to maintain positive relationships and ensure prompt payment.
- Risk Mitigation: Identify potential credit risks and develop strategies to mitigate them, such as implementing credit insurance or requiring security deposits.
- Reporting and Analysis: Prepare regular reports on key credit metrics, such as DSO (Days Sales Outstanding) and bad debt reserves, and provide analysis to senior management to support decision-making.
- Collaboration: Work closely with sales teams to balance credit risk with revenue generation objectives, providing guidance on credit terms and customer negotiations.
- Continuous Improvement: Stay updated on industry trends, best practices, and regulatory changes related to credit management, and recommend improvements to enhance efficiency and effectiveness.
- Bachelor's degree in finance, accounting, business administration, or related field.
- Previous experience in credit management, preferably in the auto parts industry or a related field.
- Strong understanding of financial analysis, credit risk assessment, and collections processes.
- Excellent communication and negotiation skills, with the ability to interact effectively with customers and internal stakeholders.
- Proficiency in financial software and Microsoft Office suite, particularly Excel for data analysis.
- Attention to detail and ability to prioritize tasks in a fast-paced environment.
- Knowledge of relevant regulations, such as Fair Credit Reporting Act and bankruptcy laws, is a plus.
Working Conditions: The job typically operates in an office environment, although some travel may be required to visit customers or attend industry events. The Credit Manager may need to work extended hours during busy periods or to meet deadlines.This job description outlines the key responsibilities and qualifications for an Auto Parts Credit Manager role, but specific duties may vary depending on the company's size, industry, and organizational structure.
- 21 Days Ago
- AUTO WARES INC GROUP
-
Lansing, MI
OTHER
- Job Details Level: Management Job Location: Auto Value Lansing - Lansing, MI Salary Range: $70,000.00 - $80,000.00 Salary/year Credit ManagerThe Auto Parts Credit Manager is responsible for overseeing...
- 23 Days Ago
- American Red Cross
-
Lansing, MI
FULL_TIME
- Why Choose Us? As one of the nation’s premier humanitarian organizations, the American Red Cross is dedicated to helping people in need throughout the United States and, in association with other Red ...
- 3 Days Ago
- Aaron's
-
Lansing, MI
FULL_TIME
- This position is also eligible for incentive pay based on performance. Aaron’s Customer Account Advisors serve as coaches to our customer, driving payment collections and lease agreement renewals by u...
- 6 Days Ago
- Michigan Credit Union League
-
Lansing, MI
FULL_TIME
- Organization: Lake Trust CU Date Posted: February 9, 2024 Region: Mid-Michigan Location of Position: Lansing Position Level: Managerial The Member Experience Manager is passionate about leading and in...
- 14 Days Ago
- Lake Trust Credit Union
-
Lansing, MI
FULL_TIME
- Member Experience Associate (Pool)- Lansing,MI This position is located in Lansing, Michigan. This is a pool position that can be assigned to work at any of our 7 locations in the Lansing area based o...
- Just Posted
- Current Active Filter
- Lansing, MI
Clear All
- Filter Jobs By posted time
- Within 1 Day
- Within 2-7
- Within 1 Month
- Within 3 Months
0 Credit and Collections Director jobs found in Lansing, MI area
- Fresenius Medical Care
-
Lansing, MI
- About this role: As a Clinical Manager with Fresenius Medical Care, you will ensure that quality patient care is deliver...
- 4/22/2024 12:00:00 AM
- Gray Television
-
Lansing, MI
- About Gray Television: Gray Television is a leading media company that owns and operates high-quality stations in 113 te...
- 4/22/2024 12:00:00 AM
- Ingham County, MI
-
Lansing, MI
- Salary : $47,708.46 Annually Location : Mason, MI Job Type: Regular Full Time Job Number: 202400077 Department: Controll...
- 4/22/2024 12:00:00 AM
- Confluent
-
Lansing, MI
- With Confluent, organizations can harness the full power of continuously flowing data to innovate and win in the modern ...
- 4/20/2024 12:00:00 AM
- Michigan Education Association
-
East Lansing, MI
- POSITION: Senior Executive Director LOCATION: East Lansing, MI SCHEDULE: 244 Work Days Remote work opportunities will be...
- 4/20/2024 12:00:00 AM
- Ingham County, MI
-
Lansing, MI
- Salary: $14.00 - $20.00 Hourly Location : Mason, MI Job Type: Temporary Job Number: 202400011 Department: Road Departmen...
- 4/20/2024 12:00:00 AM
- Michigan Education Association
-
East Lansing, MI
- APPLICATION: Please email a cover letter and resume or CV that demonstrates your accomplishments and qualifications Plea...
- 4/19/2024 12:00:00 AM
- CNG Holdings, Inc.
-
Jackson, MI
- Job Description: General Function / Summary: As a financial services leader, we strive to make a difference in our custo...
- 4/19/2024 12:00:00 AM
About Lansing, Michigan
were up 1.3% from a year ago