CooperCompanies · 16 hours ago
Manager, Collections - OTC
209 High Point Drive, Victor, NY, 14564, US
Full-time
Onsite
Mid, Senior Level
$79K/yr - $112K/yr
5+ years expCooperVision, a division of CooperCompanies, is a leading global manufacturer of contact lenses. The Collections Manager oversees the collections function within the Order-to-Cash process, ensuring timely collection of outstanding receivables and driving strategies to minimize DSO and bad debt exposure.
Medical Device
Responsibilities
Team Leadership: Supervise, coach, and develop Collections team members. Set performance goals, monitor progress, and foster a collaborative and high-performing environment
Collections Management: Oversee collection efforts for all customer accounts; ensure timely follow-up on past-due invoices
Dispute Resolution: Partner with Sales and Customer Service to resolve billing disputes and prevent payment delays
Credit Risk Monitoring: Review customer credit limits and escalate high-risk accounts
KPIs: Monitor aging reports, DSO, and collection effectiveness; provide insights to Senior Manager
Internal Controls & Compliance: Ensure adherence to SOX controls and company policies. Support internal and external audits by providing documentation and explanations
Process Improvement: Identify opportunities to streamline workflows, enhance automation, and improve efficiency within Collections processes, leveraging GBS best practices
Reporting & Analysis: Prepare collections-related reports, assist with month-end close activities, and provide insights to support decision-making
Other Duties: Perform additional responsibilities as assigned by the Senior Manager
Qualification
Required
Bachelor's degree in Accounting, Finance, or Business-related field (required)
Minimum 5-7 years of collections experience
Minimum 3 years of experience managing or supervising collections staff
Strong understanding of O2C processes and best practices
Preferred
Experience with ERP systems (Oracle or Microsoft Dynamics preferred)
Company
CooperCompanies
CooperCompanies (Nasdaq: COO) is a leading global medical device company focused on helping people experience life’s beautiful moments through its two business units, CooperVision and CooperSurgical.
10001+ employees
Funding
Current Stage
Late StageLeadership Team
Agostino Ricupati
SVP Finance - Tax and Chief Accounting Officer
June White
Principal Business Partner, Inclusion & Diversity
Recent News
2024-05-04
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