Credit Collections Manager

Credit and Collections Manager (onsite 4 days each week, Itasca, IL or New Berlin, WI)

As the Credit and Collections Manager, you will lead a team responsible for managing daily accounts receivable operations. You will maintain customer relationships and will implement process improvements to optimize operational efficiencies and ensure the timely and accurate processing of accounts receivable.

Responsibilities:

• Manage four-person team in handling the day-to-day accounts receivable functions including setting and enforcing credit limits, new account setup and onboarding, account reconciliations, billing, collections, and cash application.
• Complete monthly accounting procedures including month-end revenue accounting, reconciliation of AR/unbilled revenue, revenue allocations, calculation of bad debt reserves, and analysis of deferrals.
• Collaborate cross-functionally with Sales and Logistics teams to ensure accurate daily sales recordings and that sales, discounts, and rebate accrual amounts align with customer agreements.
• Work with external collection companies to collect aged receivables, to manage bad debt risk, and to identify when an account should be written off rather than just reserved.
• Document credit and collection processes, identify and implement process improvements, and oversee cross-training among team members.
• Establish and maintain sound internal controls to ensure the accuracy and integrity of Accounts Receivables.
• Monitor and analyze credit-related metrics across the organization, identifying trends and taking timely action to ensure accounts receivable targets are met. These metrics include days sales outstanding (DSO), AR aging, under billing, and delinquencies.
• Perform other projects and responsibilities as assigned.

• Bachelor’s Degree in accounting, finance, or related area
• At least five (5) years’ experience in Accounts Receivable and management at a company selling tangible products to both retailers and consumers
• Accounting skillset, including an understanding of GAAP as it relates to revenue recognition and accounts receivable
• Proficient in Microsoft Excel
• Experience working in Sage X3 a plus
• Great attention to detail with analytical, problem-solving, and communication skills
• Ability to work across multiple functions and prioritize tasks
• Opportunity to shape the future of a growing company
• Competitive salary and benefits package
• Opportunities for professional growth and development
• Collaborative and supportive work environment

The range for this onsite position is $80,000.00 - $ per year.

Ad Populum LLC is an equal opportunity employer. Applicants will receive consideration for employment without regard to race, religion, color, sex, sexual orientation, gender, gender identify, gender expression, national origin, ancestry, age, marital status, military or veteran status, medical condition, genetic information or disability, or any other basis prohibited by federal, state or local law.