Credit and Collections Director jobs in Massachusetts

Credit and Collections Director leads the overall credit function. Designs and implements processes to improve cash flow and reduce receivables. Being a Credit and Collections Director develops policies regarding the investigation of customers, extension of credit lines, and collections. Consults with current and future clients regarding their level of credit. Additionally, Credit and Collections Director oversees the negotiation and course of action taken for overdue accounts. Typically requires a bachelor's degree. Typically reports to top management. The Credit and Collections Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. To be a Credit and Collections Director typically requires 5+ years of managerial experience. (Copyright 2024 Salary.com)

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Credit and Collections Representative
  • W.B. Mason Company, Inc
  • Worcester, MA FULL_TIME
  • Overview

    An interesting and challenging opportunity awaits you. W.B. Mason is a company rich with history and for over 100 years has been driven to satisfy the customer. We are the largest independent distributor of office products in the United States, employing over 1700 people, operating in 11 states and growing! We provide office supplies, foodservice products, furniture and printing solutions at amazingly low prices, with guaranteed free delivery and outstanding personal service to our customers. Quality, integrity, honesty and dependability are what WB Mason customers expect and these same characteristics are what we look for in our employees. If you want to be part of a growing company and are looking to achieve great things, you have come to the right place.

     

    The Collection Specialist will report directly to the Regional AR Supervisor. The candidate must be very flexible and highly committed to quality, customer service, teamwork and supporting Company and department goals in a fast-paced high-volume environment.

    Responsibilities

    Essential Duties and Responsibilities

     

    The responsibilities of a WB Mason Credit & Collection Specialist include:

    • Determining each customer’s credit worthiness, and their ability to pay what they owe, when reviewing and/or approving orders, and when preparing to collect overdue receivables. 
      • Steps include checking publicly available information (the customer’s social media, the news section of their website, and information available through simple search engine exploration), using credit evaluation tools such as Cortera or Lexis Nexis, and assessing existing account history with W.B. Mason Company. 
    • Establishing or maintaining credit limits to maximize sales and minimize losses.
    • Reviewing weekly aging reports, as well as each account, in order to determine the best way to approach the customer for overdue payments.
    • Evaluating and discussing delinquent accounts with Supervisors or Managers in order to establish an action plan to limit potential losses
    • Responsible for monitoring and maintaining assigned customer accounts including collection calls, account adjustments, small balance write-offs, customer reconciliations, and processing customer refunds.
    • Accountable for reducing delinquent dollars for assigned accounts
    • Enlisting the efforts of sales and senior management when necessary to accelerate the collection process
    • Must communicate and follow-up effectively with sales regarding their customer accounts on a timely basis
    • Establishing and maintaining effective and cooperative working relationships with other collectors, sales, and customer service

     

    Knowledge, Skills and Abilities

     

    • Associates Degree (at a minimum) preferred
    • 3-5 years of high volume corporate collections and credit experience
    • Strong attention to detail, goal oriented, analytical
    • Must be proficient with Microsoft Office applications including Excel, Word, and Outlook
    • Knowledge of Microsoft AX a plus
    • Exceptional written and oral communications
    • Ability to prioritize workload and be a self-starter
    • Effectively manage a high volume of credit holds, outgoing and incoming phone calls, and emails
    • Provide excellent and considerate customer service with an emphasis on maintaining an ongoing relationship
    • Participate in team planning meetings
    • Meet defined team goals and activity metrics

    Qualifications

    Minimum Qualifications

    To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed above are representative of the knowledge, skill and/or ability required.

     

    Physical Demands

    The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee is regularly required to stand, walk, speak and hear. The employee is frequently required to sit. The employee is frequently required to use hands and fingers for data entry. The employee must regularly lift and/or move up to 25 pounds.

     

     

    Equal Opportunity EmployerW.B. Mason Company, Inc. is an Equal Opportunity Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status.

  • 12 Days Ago

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Credit and Collections Specialist III
  • Organogenesis
  • Canton, MA FULL_TIME
  • About Us We have unique opportunities and are always looking for exceptional talent. Join a company where you will have an opportunity to grow professionally and personally and give strength to others...
  • 3 Days Ago

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Credit and Collections Analyst
  • STAND 8 Technology Services
  • Westford, MA OTHER
  • Join our dynamic team as a Credit and Collections Analyst! In the heart of the telecommunications industry, we're looking for a detail-oriented professiona
  • 1 Month Ago

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Credit and Collections Manager
  • ConRes
  • Bedford, MA FULL_TIME
  • From test equipment to IT products, professional services and OEM/embedded computing, Continental Resources, Inc. (ConRes) provides high technology solutions and support to business, government and ac...
  • 19 Days Ago

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Credit and Collections Manager
  • Continental Resources
  • Bedford, MA FULL_TIME
  • From test equipment to IT products, professional services and OEM/embedded computing, Continental Resources, Inc. (ConRes) provides high technology solutions and support to business, government and ac...
  • 23 Days Ago

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Intern - Credit & Collections
  • LightPath
  • Wakefield, MA INTERN
  • Lightpath is one of the largest competitive local exchange carriers in the tri-state area. Weown and operate our infrastructure "from the ground up" by deploying over 20,000 route miles connecting 13,...
  • 24 Days Ago

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Director of Collections - Relocate to Dallas
  • Executive Alliance
  • Job location is Dallas. Paid relocation. We are recruiting nationally. Our client is a growing collection agency looking...
  • 4/19/2024 12:00:00 AM

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Director of Collections - Relocate to Dallas
  • Executive Alliance
  • Job location is Dallas. Paid relocation. We are recruiting nationally. Our client is a growing collection agency looking...
  • 4/19/2024 12:00:00 AM

E
Director of Collections - Relocate to Dallas
  • Executive Alliance
  • Job location is Dallas. Paid relocation. We are recruiting nationally. Our client is a growing collection agency looking...
  • 4/19/2024 12:00:00 AM

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Director of Collections - Relocate to Dallas
  • Executive Alliance
  • Job location is Dallas. Paid relocation. We are recruiting nationally. Our client is a growing collection agency looking...
  • 4/17/2024 12:00:00 AM

E
Director of Collections - Relocate to Dallas
  • Executive Alliance
  • Job location is Dallas. Paid relocation. We are recruiting nationally. Our client is a growing collection agency looking...
  • 4/17/2024 12:00:00 AM

E
Director of Collections - Relocate to Dallas
  • Executive Alliance
  • Job location is Dallas. Paid relocation. We are recruiting nationally. Our client is a growing collection agency looking...
  • 4/17/2024 12:00:00 AM

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DIRECTOR CONSUMER COLLECTIONS
  • Truliant Federal Credit Union
  • Winston-Salem, NC
  • Truliant’s mission is to improve lives by putting our members first, providing great service and straightforward financi...
  • 4/16/2024 12:00:00 AM

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Director Credit Collections
  • Spot On Talent
  • Fort Worth, TX
  • Are you a credit & collections leader who values building strong relationships with both your internal and external cust...
  • 4/16/2024 12:00:00 AM

Massachusetts is the 7th-smallest state in the United States. It is located in the New England region of the northeastern United States and has an area of 10,555 square miles (27,340 km2), 25.7% of which is water. Several large bays distinctly shape its coast. Boston is the largest city, at the inmost point of Massachusetts Bay, and the mouth of the Charles River. Despite its small size, Massachusetts features numerous topographically distinctive regions. The large coastal plain of the Atlantic Ocean in the eastern section of the state contains Greater Boston, along with most of the state's po...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Credit and Collections Director jobs
$161,931 to $232,718

Credit and Collections Director in Houston, TX
David requires that one-time customers (and consumers) pay for his services by cash or credit card.
January 24, 2020
Credit and Collections Director in Sacramento, CA
Credit analysts in the United States can obtain memberships, continuing education and certification through NACM.
February 09, 2020
Credit and Collections Director in Evansville, IN
However, most debtors understand the collection process that creditors use, and understand the risk they face when they delay payment.  Occasionally, the penalty for delaying payments to creditors involves a credit hold.
February 13, 2020