Credit and Collections Manager

We are offering an exciting opportunity in the financial sector, located in Indianapolis, Indiana. The function of this role is to manage credit and collections, a key component in the financial health of any organization. This role operates within the workplace environment, taking on a vital function within the industry.Responsibilities:• Oversee the management of customer credit standing, including the determination of credit worthiness and issuance of appropriate credit terms.• Act as a key player in gathering financial and other credit information for risk analysis and development of credit limits for potential customers.• Regularly review the accounts receivable trial balance to effectively manage customer accounts with past due balances.• Establish and maintain communication with key accounts to ensure fast collections and rapid resolution of past due accounts.• Assess the collectibility of past due balances and make informed decisions on when balances should be deemed bad debt.• Monitor and control customer account applications for ownership linkage to ensure risk is accurately assessed and assigned at the highest level.• Prepare files for uncollectible accounts for submission for assignment to outside collection agencies and, when applicable, work with legal entities to apply relevant provisions.• Oversee and control major national and regional account collections and their integration within the account master, exercising a degree of latitude and judgement.• Handle customer inquiries and resolve issues in a timely manner, while maintaining accurate customer credit records.• Process customer credit applications accurately and efficiently, utilizing various accounting software systems and functions.

Salary : $70,000 - $80,000