Director of Credit

We are offering a contract to permanent employment opportunity for an experienced Director of Credit located in Swedesboro, New Jersey. As a Director of Credit, you will be part of a dynamic team, managing the Credit and Accounts Receivable department, working closely with customers and various departments to resolve concerns, and ensuring compliance with all laws and company processes.What you get to do every single day:• Accurately and efficiently process customer credit applications• Maintain up-to-date customer credit and project files• Oversee collection processes and communicate effectively with the customer base and salesforce• Support the organization in timely collection of payments, including negotiating with customers in non-payment situations• Manage relationships with the merchant processor, including maintenance of multiple production accounts and review of fees and surcharging• Monitor Day Sales Outstanding (DSO) and Accounts Receivable aging reports and compare to industry benchmarks, reporting monthly to the Board of Directors• Prepare and analyze industry financial data and trends in the financial market as it relates to accounts receivable• Ensure compliance with insurance requirements regarding contracts and purchase orders and/or bonds• Handle collection accounts referred to legal and cash application transactions and resolution as needed• Lead continuous improvement efforts in departmental areas, ensuring standardization and consistency across the organization• Maintain corporate credit policy, recommending changes to management when applicable• Set objectives for the Accounts Receivable team that align with the department's goals of improving cash flow and yield on working capital.

Salary : $63 - $67