Credit & Collection Officer
2 hours ago
The Credit & Collection Officer will play a key role in safeguarding the company's financial health by managing credit assessments, monitoring receivables, and ensuring timely collection of payments. This role supports the Accounting & Finance team by maintaining accurate records, coordinating with clients, and ensuring smooth financial operations.
Credit Management
- Recommend credit limits and payment terms based on company policies.
- Coordinate with the Sales and Finance teams regarding client credit status.
Collection Management
- Monitor accounts receivable aging and follow up on outstanding payments.
- Communicate with clients regarding overdue invoices, payment concerns, and reconciliation issues.
- Prepare collection letters, statements of account, and payment reminders.
- Coordinate with internal teams to resolve billing discrepancies.
Reporting & Documentation
- Maintain accurate and updated customer payment records.
- Prepare regular AR aging reports, collection performance reports, and delinquency analyses.
- Support month-end closing activities related to receivables.
Compliance & Controls
- Ensure adherence to company credit policies and internal controls.
- Assist in the improvement of credit and collection processes.
Qualifications
- Bachelor's degree in Accounting, Finance, Business, or related field.
- At least 2–3 years of experience in credit evaluation and collections (experience in a solar, energy, or utility industry is a plus).
- Strong understanding of accounting principles and receivables management.
- Proficient in MS Excel and accounting systems (e.g., QuickBooks, SAP, Oracle, Netsuite).
- Excellent communication and negotiation skills.
- Detail-oriented, organized, and able to work under minimal supervision.
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