1+ months

Credit and Collections Manager

Valassis
Morrisville, NC 27560
Were looking for a Credit and Collections Manager to be responsible for timely collection of Accounts Receivable, approving credit terms for new clients, and calculating Bad Debt reserve while maintaining internal and external client satisfaction, driving cash flow, and minimizing bad debt expense.
 
What youll do:
 
Collection of Accounts Receivable and related Problem Resolution (80%)
  • Contact clients for payment on current and past due invoices.
  • Build relationships with external clients and internal teams such as Sales to establish yourself as primary financial contact and increase collections success rate.
  • Resolve barriers to collection such as invoicing errors or missing information (e.g. client PO number) and determine appropriate corrective actions.
  • Identify and analyze the root cause of disconnects that delay payments and collaborate with appropriate parties to implement long-term solutions.
  • Negotiate payment plans with clients when necessary.
  • Work with third-party collection agency as needed for outside collections efforts.
  • Post client payments by recording cash, checks, and credit card transactions.
  • Collaborate with Management on various reporting as requested.
 
Credit Approvals (15%)
  • Manage credit approval process for new clients including processing credit applications, reviewing credit reports, and contacting bank and trade references to determine credit worthiness and recommend appropriate credit terms.
  • Work closely with parent company credit department to provide aligned service to shared clients.
  • Review client payment trends and evaluate current credit terms as necessary.
 
Bad Debt Reserve (5%)
  • Calculate Bad Debt reserve using Microsoft Excel and applied analytical skills.
  • Resolve related issues including bankruptcy claims and legal follow-ups.
 
What youll bring:
  • 3-5 years of Accounts Receivable and/or credit analyst experience.
  • Bachelors degree (Accounting/Finance preferred).
  • Proficient in Microsoft Excel and Outlook.
  • Experience with Great Plains or Oracle a plus!
  • Extraordinary client service skills.
  • Strong written and verbal communication skills. 
  • Positive attitude and intrinsically motivated to accomplish goals.
 
WHO WE ARE: 
Valassis is the leader in marketing technology and consumer engagement. We work with over 60,000 companies and brands in a wide array of industries, partnering to anticipate consumer intent, inspire action, and create demand. NCH Marketing Services, Inc. and Clipper Magazine are Valassis subsidiaries, and RetailMeNot Everyday is its consumer brand. Its signature Have You Seen Me? program delivers hope to missing children and their families. Valassis and RetailMeNot are wholly owned subsidiaries of Harland Clarke Holdings.
 
WHAT'S IN IT FOR YOU?
Valassis offers a generous total rewards benefits package that includes medical, dental and vision coverage, dollar for dollar 401K matching and generous PTO allowance. A wide variety of additional benefits like life insurance, employee assistance and pet insurance are also available, not to mention smart and friendly coworkers!
 
Valassis considers applicants for all positions without regard to race, color, creed, religion, national origin or ancestry, sex, age, disability, genetic information, veteran status, or any other legally protected status. In addition, Valassis will provide reasonable accommodations for qualified individuals with disabilities. 
 
 
 
                                                                                                                                                                                                                                                                                
 

 

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Posted: 2020-01-10 Expires: 2020-03-01

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Credit and Collections Manager

Valassis
Morrisville, NC 27560

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