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Bowman Consulting · 1 day ago

Credit & Collections Manager - Reston, VA

Reston, VA

Full-time

Onsite

Senior Level

7+ years exp

Bowman Consulting is seeking a Credit & Collections Manager to join their team in Reston, VA. The role involves administering the credit and collections program and processes, providing oversight on credit risk, and developing strategies to improve cash flow and reduce receivables.

Civil EngineeringCommercial Real EstateConstructionInformation TechnologyLegalReal Estate

Growth Opportunities

Responsibilities

Receive broad guidance from senior-level management relating to overall key objectives, critical issues, new concepts, and policy matters and general parameters for execution. Manage people and processes to ensure effective execution. Review work produced by staff for quality assurance

Provide oversight and direction for one or more specific business processes or functions

Oversee investigation of credit risk in customers and suppliers and advises on course of action

Designs and implements processes to improve cash flow and reduce receivables

Monitors and negotiates the collection of overdue accounts

Provide management level oversight of the credit and collections program and processes

Develop and manage key performance metrics for Credit and Collections

Adhere to and enforce established policies and procedures and recommend new and/or modified policies and procedures as needed

Review, evaluate and analyze customer accounts to ensure outstanding balances, comply with terms, and there is adequate coverage

Investigate, document, communicate, report, and resolve issues impacting prompt payment of invoices and/or disputed items

Perform ongoing reviews with leadership and all other functional organizations impacting credit and collection's ability to manage customer's outstanding balance, dispute resolution and to mitigate financial exposure

Prepare and distribute standard and ad hoc reports in a timely fashion

Identify/anticipate issues and apply problem solving skills to produce effective results

Make sound credit decisions through timely evaluation of new accounts, establish credit lines and review credit worthiness of existing accounts

Mentor, motivate, train, and develop staff

Act as a role model to ensure the highest level of performance and promotability

Develop and implement collections strategies to drive results and reduce past due balances

Ensure processing of legal documentation, i.e., liens and releases, are performed and documented in a timely manner

Assist with large customer and/or complex collections matters and dispute resolution

Coordinate and manage the credit and collections department's vendor relationships including credit card processor, 3rd party collections, attorneys, etc

Negotiate and recommend payment plans and/or note arrangements, as needed

Manage the outstanding deduction balance

Manage month/quarter-end close activities

Seek out, communicate, and drive opportunities to improve processes

Qualification

CreditCollections managementFinancial report interpretationConstruction credit experienceMicrosoft Office proficiencyLien lawsProblem-solving skillsEffective communicationLeadership skillsTeam mentoring