Demo

Credit and Collections Manager

Rivian
Plymouth, MI Full Time
POSTED ON 4/3/2025
AVAILABLE BEFORE 5/2/2025
About Rivian

Rivian is on a mission to keep the world adventurous forever. This goes for the emissions-free Electric Adventure Vehicles we build, and the curious, courageous souls we seek to attract.

As a company, we constantly challenge what’s possible, never simply accepting what has always been done. We reframe old problems, seek new solutions and operate comfortably in areas that are unknown. Our backgrounds are diverse, but our team shares a love of the outdoors and a desire to protect it for future generations.

Role Summary

Rivian is seeking a Credit and Collections Manager to join our dynamic Finance team. This role will be responsible for developing and managing the company’s credit and collections processes, ensuring timely collection of receivables, evaluating credit risk, and implementing strategies to improve cash flow and minimize bad debt. The ideal candidate will have a strong background in credit management, excellent analytical skills, and a proven track record of managing collections in a fast-paced environment.

Responsibilities

  • Maintain credit policies and procedures to ensure sound credit decisions and minimize financial risk
  • Evaluate and approve credit applications, setting appropriate credit limits based on analysis of financial statements and credit reports.
  • Create collection policy with cross functional teams
  • Monitor and manage the accounts receivable portfolio, ensuring timely collections and resolution of outstanding balances.
  • Work closely with sales and customer service teams to resolve credit and collections issues and improve the customer experience.
  • Analyze aging reports, identifying trends and developing strategies to address delinquent accounts.
  • Negotiate payment plans and settlements with customers as needed.
  • Collaborate with the legal team to handle escalated collections cases, including initiating legal action if necessary.
  • Maintain accurate records of all credit and collections activities, ensuring compliance with company policies and regulatory requirements.
  • Provide data driven insights, metrics, and reports to senior management on the status of the accounts receivable portfolio.
  • Lead and mentor a team of credit and collections professionals, fostering a culture of continuous improvement and professional development.
  • Build and manage end to end process for credit and collections, responsible for establishing and maintaining policies and procedures

Qualifications

  • Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
  • Minimum of 7 years of experience in credit and collections management, preferably within the automotive or manufacturing industry.
  • Strong analytical skills with the ability to interpret financial statements and credit reports.
  • Excellent negotiation and communication skills.
  • Proficient in Microsoft Office Suite (Excel, Word, PowerPoint), and experience with ERP systems.
  • Demonstrated ability to manage multiple priorities and meet deadlines in a fast-paced environment.
  • Strong leadership skills with the ability to motivate and develop a team.
  • Knowledge of relevant laws and regulations related to credit and collections.

Preferred Qualifications

  • Experience with SAP
  • Professional certification in credit management (e.g., CCE, CICP).
  • Bachelor’s degree in a related field.
  • Experience with Google Workspaces and Microsoft Excel

Pay Disclosure

Salary Range for Illinois based applicants: $114,100 - $142,600 annually (Actual compensation will be determined based on experience, location and other factors permitted by law).

Benefits Summary: Rivian provides robust medical/Rx, dental and vision insurance packages for full-time employees, their spouse or domestic partner, and children up to age 26. Coverage is effective on the first day of employment, and Rivian covers most of the premiums.

Equal Opportunity

Rivian is an equal opportunity employer and complies with all applicable federal, state, and local fair employment practices laws. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender, gender expression, gender identity, genetic information or characteristics, physical or mental disability, marital/domestic partner status, age, military/veteran status, medical condition, or any other characteristic protected by law.

Rivian is committed to ensuring that our hiring process is accessible for persons with disabilities. If you have a disability or limitation, such as those covered by the Americans with Disabilities Act, that requires accommodations to assist you in the search and application process, please email us at candidateaccommodations@rivian.com .

Candidate Data Privacy

Rivian may collect, use and disclose your personal information or personal data (within the meaning of the applicable data protection laws) when you apply for employment and/or participate in our recruitment processes (“Candidate Personal Data”). This data includes contact, demographic, communications, educational, professional, employment, social media/website, network/device, recruiting system usage/interaction, security and preference information. Rivian may use your Candidate Personal Data for the purposes of (i) tracking interactions with our recruiting system; (ii) carrying out, analyzing and improving our application and recruitment process, including assessing you and your application and conducting employment, background and reference checks; (iii) establishing an employment relationship or entering into an employment contract with you; (iv) complying with our legal, regulatory and corporate governance obligations; (v) recordkeeping; (vi) ensuring network and information security and preventing fraud; and (vii) as otherwise required or permitted by applicable law.

Rivian may share your Candidate Personal Data with (i) internal personnel who have a need to know such information in order to perform their duties, including individuals on our People Team, Finance, Legal, and the team(s) with the position(s) for which you are applying; (ii) Rivian affiliates; and (iii) Rivian’s service providers, including providers of background checks, staffing services, and cloud services.

Rivian may transfer or store internationally your Candidate Personal Data, including to or in the United States, Canada, the United Kingdom, and the European Union and in the cloud, and this data may be subject to the laws and accessible to the courts, law enforcement and national security authorities of such jurisdictions.

Please note that we are currently not accepting applications from third party application services.

Salary : $114,100 - $142,600

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

What is the career path for a Credit and Collections Manager?

Sign up to receive alerts about other jobs on the Credit and Collections Manager career path by checking the boxes next to the positions that interest you.
Income Estimation: 
$103,616 - $145,932
Income Estimation: 
$151,188 - $213,805
Income Estimation: 
$103,616 - $145,932
Income Estimation: 
$151,188 - $213,805
Income Estimation: 
$55,700 - $72,785
Income Estimation: 
$62,078 - $83,358
Income Estimation: 
$62,078 - $83,358
Income Estimation: 
$74,557 - $101,289
Income Estimation: 
$74,557 - $101,289
Income Estimation: 
$71,533 - $97,648
View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

Job openings at Rivian

Rivian
Hired Organization Address Plymouth, MI Full Time
About Rivian Rivian is on a mission to keep the world adventurous forever. This goes for the emissions-free Electric Adv...
Rivian
Hired Organization Address Boise, ID Full Time
About Rivian Rivian is on a mission to keep the world adventurous forever. This goes for the emissions-free Electric Adv...
Rivian
Hired Organization Address Englewood, CO Full Time
About Us: Rivian is on a mission to keep the world adventurous forever. This goes for the emissions-free Electric Advent...
Rivian
Hired Organization Address Seattle, WA Full Time
About Rivian Rivian is on a mission to keep the world adventurous forever. This goes for the emissions-free Electric Adv...

Not the job you're looking for? Here are some other Credit and Collections Manager jobs in the Plymouth, MI area that may be a better fit.

Collections Specialist

University of Michigan Credit Union, Ann Arbor, MI

Collections Specialist

Universal Credit Services, Hartland, MI

AI Assistant is available now!

Feel free to start your new journey!