AVP - Order To Cash/Record To Report Financial Operations - BPO

Responsibilities : 

- Drive transformation, best practices framework, case studies, benchmarking for making processes more efficient and effective

- Conduct credit investigations, grants or holds shipments based on customer's available credit, and initiates collections from delinquent accounts. Works directly with sales management to ensure all steps have been taken to maximize the customer's credit limit for the purpose of enhancing sales while mitigating risk.

- Investigate and verify financial status and reputation of prospective customers applying for credit, prepares documents to substantiate findings, and recommends rejection or approval of applications.

- Assess/Develop/Deploy best practices for improvement of AR working capital and decreased bad debt expense

- Establish credit limits on customer accounts and handle special credit arrangements and deviations from standard terms of payment.

- Review collection reports to ascertain the status of collections and balances outstanding to ensure compliance with the Credit & Collection policy.

- Audit delinquent accounts considered to be uncollectable to ensure maximum efforts have been taken before assigning bad debt status to the account.

- Work with sales personnel when facing collection challenges and provide them an opportunity to resolve delinquencies before submitting an account to a collection agency or attorney.

- Submit delinquent accounts to outside collection agency or attorney (when applicable) for collection purposes.

- Ability to manage an AR portfolio of $400 -$500MM

- Manage preparation of all related month end reports as part of the month-end close process.

- Collaborate with other departments on accounting and finance related projects.

- Participate in annual audit. Completes all A/R related audit schedules according to timeline set forth

Minimum FTE count: 150+

Exp: 14 - 20 Years

Qualifications : 

Minimum qualifications : 

- Bachelor's degree in Accounting, Finance, or Business.

- 10 years supervisory/ management level experience in Credit & Collections

Preferred qualifications : 

- Must be able to perform accounting and financial calculations, including determining interest rates, payment schedules, etc.

- Knowledge of bankruptcy filing laws

- Strong financial analytical skills and problem solving skills.

- Must be self-directed and possess the ability to make independent business decisions.

- Must be able to effectively communicate in writing and verbally to senior management.