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Credit and Collections Manager
hace 2 meses
We are seeking a highly skilled Credit and Collections Manager to join our team at Enovis. As a key member of our financial leadership team, you will be responsible for providing strategic guidance and oversight to our credit and collections activities.
Key Responsibilities- Liaise with our direct offshore collections team to ensure seamless communication and coordination of credit and collections activities.
- Perform high-level collection-related tasks, including calls and correspondence, and follow-up activity to ensure timely resolution of disputes and minimize past due receivables.
- Identify and resolve disputed items, and involve cross-functional teams when necessary to ensure effective resolution.
- Provide back-up documentation on request, including invoice copies, short payment details, account analysis, proof of delivery, etc.
- Prepare credit memos, offsets, and write-offs for approval to ensure accurate and timely financial reporting.
- Perform credit investigations, including D&B reports, bank and trade references, and payment experience, to assess credit worthiness of new and existing customers.
- Assess credit worthiness of new and existing customers and recommend actions necessary to protect Enovis' interests.
- Estimate reserve requirements for bad debt write-offs to ensure accurate financial forecasting.
- Prepare reports and attend monthly Credit meetings to review account status and recommend corrective actions.
- Follow corporate guidelines and procedures set and report risks/non-paying customers and set appropriate measures, including placing accounts on credit hold.
- Prepare monthly aging and DSO reports assessing status of receivables and distribute reports with comments highlighting key accounts and trends.
- Prepare analytical spreadsheets for internal stakeholders to provide insights and recommendations for credit and collections activities.
- Bachelor's degree in Business Administration or Accounting preferred.
- 5+ years of experience in Credit and Collections, with medical industry experience preferred.
- Goal-oriented individual with a proven track record of success in credit and collections.
- Strong negotiating and organization skills to effectively manage credit and collections activities.
- Strong understanding of financial terminology and accounting methods, including Microsoft Office and Excel.
- Excellent oral and written communication skills to effectively communicate with internal stakeholders and customers.
- Ability to prioritize responsibilities and manage time effectively to meet deadlines and deliver results.
Enovis is a leading global developer, manufacturer, and distributor of high-quality medical devices that provide solutions for musculoskeletal health, vascular health, and pain management. Our products address the continuum of patient care from injury prevention to rehabilitation after surgery, injury, or from degenerative disease, enabling people to regain or maintain their natural motion.