Team Lead, Credit & Collections

Position: Team Lead, Credit & Collections (ref: 1104302)

Location: Oakville (1-2 days a week in the office)

Salary: $75-80,000 + 10% Bonus + RSP

Your new company

My client is a global operation seeking a Team Lead, Credit & Collections for its construction division. The office is located in Oakville, the role is able to work remotely with the occasional need to attend the office.

Your new role

The Team Lead, Credit and Collections will indirectly manage a team of 5, with progression available to take on a more formal team management role in a high volume, fast paced environment. The key responsibilities are as follows;

• Provide reports with explanations to the business units on the overdue accounts on monthly basis
• SAP/CCMT troubleshooting and resolving issues
• Responsible for processing and analyzing various month/year end reports to provide financial information to management and divisions within the deadlines
• Establish and maintain effective working relationship with both internal and external customers
• Review and approve requests for customer master changes and credit limit approvals
• To ensure that the credit & collections team adheres to the company’s credit/collections policy and procedures as well as comply with audits, Compliance and other mandatory requirements
• Assess and reorganize/realign the customer accounts to have the team work load balanced
• Assist the Senior Credit Manager for various adhoc reports and/or special projects (i.e. Credit Limits of portfolio accounts)
• Responsible for weekly/monthly conference calls with BU/branches to review/escalate aged items and resolve customer disputes/issues
• Responsible for reviewing and approving customer refund cheques
• Responsible for coordinating credit & collections activities to meet the business unit's needs
• Review and release escalated orders on credit block
• Main contact for cash applications escalations
• Strategize to find ways to increase collections and reduce past dues to meet the DSO targets
• Responsible for ensuring lien, bond, and bankruptcy rules are followed through collaboration with the Legal department and the business unit.
• Manage credit risk by completing customer credit reviews to establish, monitor and maintain customer credit limits
• Monitor cash applications to ensure accuracy/efficiency and that the cash is applied in timely fashion.
• Responsible to assess & improve current processes and implement new processes to increase efficiency and accuracy

What you'll need to succeed

The suitable candidate will have 5+ years in a credit and collections role in a fast-paced environment. You will have worked in a large construction related operation with SAP experience being an asset.

What you'll get in return

The opportunity to work for a global operation, offering the flexibility to work 1-2 days a week in the office The role will work with an experienced team in a role available to growth of the team. The role offers a salary of $75-80,000 + 10% bonus + RSP.

What you need to do now

If you meet all the requirements for this role please apply quoting reference number: 1106979. Thank you in advance for your interest.

We regret that we can only respond to candidates chosen for interview.