Credit/Collections Manager

  • Job ID:

    4450

  • Pay rate range:

    $40/hr - $50/hr

  • City:

    Elk Grove Village

  • State:

    Illinois

  • Duration:

    10/09/2023 - 02/09/2024

  • Job Type:

    Contract

  • Job Description:

    Contract Credit and Collections Manager | 4+ Months | Up to $50/hour + Overtime

    • Pay: $40-$50/hour

    • Location: Elk Grove Village, IL

    • Type: Contract (4 months)

    • Schedule: On-site or Hybrid (3+ days a week)

    Our client is seeking a dedicated Credit and Collections Manager for a 4+ month contract, starting immediately. This is a contract position designed to help enhance the credit and collections processes while ensuring the timely recovery of past due bills.

    In the role, you will play a critical role in improving Days Sales Outstanding (DSO) and ensuring the collection of outstanding payments from current customers and business partners. You will report directly to C-level management and collaborate with various departments to drive efficiency and effectiveness in their credit and collections processes.

    Construction industry experience is required

    Key Responsibilities:

    • Proactively manage and collect outstanding invoices from customers and business entities.

    • Analyze and assess the creditworthiness of new and existing customers.

    • Develop and implement strategies to reduce DSO and improve cash flow.

    • Collaborate with cross-functional teams to resolve payment discrepancies and disputes.

    • Maintain accurate and up-to-date records of all collections activities.

    • Monitor accounts for overdue payments and initiate appropriate actions.

    • Provide regular reports and updates on collections performance to management.

    Qualifications:

    • Previous experience in credit and collections management, in the construction industry.

    • Experience using Infor and/or Oracle ERP credit/collections modules is preferred.

    • Strong analytical and problem-solving skills.

    • Excellent communication and negotiation abilities.

    • Proven track record of meeting or exceeding collection targets.

    • Knowledge of credit risk assessment and credit terms negotiation.

    This is a contract role for a duration of 6 months, with the possibility of extension based on performance and company needs. Our client is highly motived. The ideal candidate should be self-motivated, results-driven, and able to work both independently and collaboratively. A positive attitude and the ability to adapt to changing priorities are essential.

    #PCFA #LI-Hybrid #Construction

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