Cash Flow and Credit Risk Manager
1 month ago
About the Role
\We are seeking a skilled Cash Flow and Credit Risk Manager to join our team at JOB MATCHMAKER. In this role, you will be responsible for managing overdue customer accounts and ensuring timely collection of outstanding payments.
\Key Responsibilities
\- \
- Account Management and Collection Efforts: Monitor and manage a portfolio of overdue accounts by contacting customers via phone, email, or written correspondence to request payment.\
- Customer Communication: Communicate professionally and effectively with customers to collect payments, offering solutions for overdue invoices.\
- Payment Application: Apply customer payments to appropriate accounts and invoices in the accounting system, ensuring accuracy and timely processing.\
- Aging Reports and Collections Tracking: Regularly review accounts receivable aging reports to identify delinquent accounts and prioritize collection efforts.\
- E escalation and Dispute Resolution: Escalate unresolved issues to management or legal teams as needed, particularly in cases of non-payment, ongoing disputes, or accounts that may require further action.\
- Bad Debt Prevention: Identify and monitor high-risk accounts and communicate potential issues with the Credit and Collections Team Leader or Manager.\
- Reporting and Documentation: Prepare regular reports on collection activities, outstanding balances, and cash flow status.\
- Compliance and Legal Requirements: Adhere to all internal policies, industry standards, and legal requirements related to collections, including debt collection regulations and customer confidentiality.\
- Collaboration with Other Teams: Work closely with the accounts receivable, sales, and customer service teams to ensure smooth coordination in resolving payment issues or disputes.\
- Estimated Salary: $65,000 - $90,000 per year, depending on experience and qualifications.\
- Location: Assigned Head Office.\
- Reports to: Credit and Collection Team Leader.\
- Indirect Report: None.\
Qualifications
\The successful candidate will have excellent communication and negotiation skills, with the ability to work effectively in a fast-paced environment. A strong understanding of credit risk management principles and practices is essential, along with the ability to analyze complex data and make informed decisions.
\If you are a motivated and results-driven professional looking for a challenging opportunity, please submit your application.
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