Independent Mechanical Supply Inc. Looking for Credit Manager at Toronto, ON Full Time

The Credit and Collections Manager oversees the processing and verification of credit applications and the solicitation for payment of overdue accounts. The Credit and Collections Manager is responsible for developing a team of skilled professionals to support this process. The incumbent will work closely with the CFO and Sales Team and will manage Accounts Receivable.

Cores Responsibilities:

• Oversees investigation of credit risk in customers and suppliers and advises on the best course of action for credit applications;
• Designs and implements processes to improve cash flow and reduce receivables;
• Monitors and negotiates the collection of overdue accounts;
• Monitors credit and collection processes and operations
• Perform collection procedures on all invoices over 60 days old. Identify problem accounts and make prompt decisions for collection;
• Identify and facilitate the resolution of all customer disputes in a timely fashion, working with internal department/branch stakeholders when necessary;
• Address ongoing customer disputes concerning billing and liaise with appropriate departments to resolve escalated issues;
• Reporting;
• Participates actively as part of the Leadership Team at the Manager level;
• Selects (as necessary) and trains a team of skilled collections professionals;
• Manages subordinate staff in day-to-day performance of their jobs;

Secondary/Less Frequent Responsibilities:

• Work with the CFO to establish policies, practices, and systems to improve the credit and collection function.

Other

• Other duties as assigned

Mandatory Requirements

• Years of Experience: 5+ years of experience in Credit and Collections and 1-3 years supervisory experience.
• Education: Certified Credit Professional (CCP) designation
• Software/System Experience: AS400, Excel, Outlook; Experience with credit scoring systems and credit report agencies; Excellent working knowledge of Microsoft Office and understanding of computerized accounting systems.
• Skills and Abilities:
• Strong working knowledge of credit principles and best practices
• Excellent communication skills and English fluency both in writing and verbally
• Strong problem-solving skills with good organizational, time management and prioritizing skills.
• Positive and personable attitude.
• Presentation skills and ability to conduct meetings
• Understanding of wholesale industry collections

Nice to Have

• Bachelor’s degree in Business Administration, Accounting or Finance or equivalent experience
• Understanding of the plumbing and heating materials industry