CFS · 2 weeks ago
Senior Credit & Collections Specialist
CFS is a client in the manufacturing sector seeking a detail-oriented Senior Credit and Collections Specialist to join their team. This role is critical in managing customer accounts, assessing credit risk, and ensuring timely collections to maintain strong cash flow and minimize financial risk.
Responsibilities
Review and process credit applications for new and existing customers
Monitor customer accounts and ensure timely collection of outstanding balances
Analyze credit reports and financial statements to evaluate creditworthiness
Collaborate with sales and finance teams to resolve billing issues and disputes
Prepare and maintain aging reports, collection status updates, and credit exposure summaries
Recommend credit limits and terms based on risk analysis
Support continuous improvement of credit and collection processes
Qualification
Required
Bachelor's degree in Finance, Accounting, Business Administration, or related field (or equivalent experience)
3–5 years of experience in credit and collections
Strong understanding of credit risk analysis and collection strategies
Excellent communication and negotiation skills
Proficiency in ERP systems and Microsoft Office Suite
Ability to work independently and manage multiple priorities effectively
Preferred
preferably in manufacturing or industrial sectors