Credit & Collections Manager
We are looking for an experienced Credit & Collections Manager to join our team in Newark, New Jersey. In this contract to permanent position, you will play a critical role in overseeing credit approvals, managing accounts receivable, and leading collections activities. This hands-on role requires expertise in the construction industry and familiarity with AIA billing procedures, lien waivers, and change order monitoring.
Responsibilities :
- Manage credit approvals and evaluate customer creditworthiness to minimize financial risk.
- Oversee accounts receivable processes and ensure timely monitoring of outstanding balances.
- Lead all aspects of collections activities, including resolving disputes and ensuring payments are received.
- Prepare detailed accounts receivable reports and update cash flow forecasts for management.
- Monitor AIA billing and ensure compliance with construction industry standards.
- Handle lien waivers and ensure proper documentation for all transactions.
- Track and verify change orders to maintain accurate financial records.
- Collaborate with cross-functional teams to address billing and collection-related issues.
- Analyze credit data and provide recommendations to improve processes.
- Ensure adherence to company policies and industry regulations in all credit and collections activities.
Requirements :
Minimum of 10 years of experience in credit and collections management.Strong knowledge of commercial collections and credit analysis.Familiarity with AIA billing procedures and documents.Proven experience handling lien waivers in the construction industry.Expertise in managing accounts receivable and preparing financial reports.Ability to approve credit decisions and evaluate customer risk effectively.Excellent organizational and communication skills.Demonstrated ability to work in a hands-on, fast-paced environment.