Credit & Collections Manager

Elevate Textiles is a leading global manufacturer of fabric and thread solutions focused on innovation, sustainability and quality craftsmanship. The Elevate portfolio of brands includes American & Efird (A&E), Burlington, Cone Denim, Gutermann and Safety Components. Elevate Textiles is committed to delivering solutions that protect and enhance our lives through its global manufacturing platform that includes 36 facilities and approximately 15,000 employees.

Elevate is looking for a seasoned Senior Credit & Collections Manager to join its shared services finance team. This is a high-profile position that reports to the Director of Credit and will play a key role in providing oversight for all credit and collections functions for the Elevate Threads and Fabrics portfolios within the United States. The Senior Credit & Collections Manager will manage an 11 person team including 2 managers and will be responsible for cash applications, collections, deduction resolution, and customer support. This position will frequently interact with key stakeholders throughout the Company (e.g., Customer Service, Sales, Treasury, Accounting, International Affiliates and Senior Management). This is a hybrid position with 3 days on site and 2 days remote.

Primary Responsibilities:

• Managing the complete Order-to-Cash cycle including credit analysis for new and existing customers, collections of aged accounts receivable to meet established collections performance metrics, cash applications, deduction management, monthly reporting, bad debt reserve management, letters of credit, international credit insurance, escheats, order releases and 3^rd party collection accounts
• Effectively manage and develop a team of dedicated and engaged individuals

• Build and optimize AR related policies, processes and systems by performing root cause analysis and implementing process improvements.
• Perform additional job-related duties and special projects as needed

Desired Qualifications:

• BS degree in Accounting, Finance or comparable degree
• NACM credit designations (CBA, CBF, CCE) a plus
• Power-BI experience to include compiling Data Sets and assembling presentations within Power-BI

Minimum Qualifications

• Minimum of 5 years proven experience in leading/mentoring credit & collections/cash application teams
• Minimum of 5 years work experience in billing, credit analysis, financial statement analysis, B2B collections, payment negotiations, bad debt reserve mitigation, letters of credit, international credit insurance, corporate guarantees, KPI setting/measuring/reporting
• Advanced Excel skills including V-lookup, Pivot Tables and detailed data analysis coupled with the ability to present data via Dashboards & Charts in a clear and concise manner.
• Excellent understanding of accounting, credit/AR and associated processes, policies and financial controls
• Excellent understanding of the full bad debt reserve/write off process
• Professional presence and tact
• Ability to interact collaboratively with all levels within the organization
• Excellent problem solving and time management skills
• Highly organized and proactive, strong attention to detail
• Ability to identify and implement process improvements
• Ability to lead multiple projects involving multiple departments to completion
• Strong written and verbal skills-Ability to break down complex topics and present them clearly and concisely
• Strong analytical and logical thinking ability, sense of responsibility and can work under pressure, high level of integrity and interpersonal charisma.

Technical Skills:

• Experience with financial statement analysis
• Use of JD Edwards/Coda ERP systems a plus
• Proven ability to use Microsoft Office software (Outlook, Word, Excel, etc.)