Manage the collections process by monitoring overdue accounts, negotiating repayment terms, and implementing collection strategies to minimize delinquencies and maintain a healthy cash flow.
Keeping abreast of industry trends and market conditions is crucial to assess potential impacts on credit risk, with regular reporting on key credit metrics and performance indicators to support strategic decision-making processes.
Collaborating with various departments, including sales and finance, to establish and uphold efficient communication channels is vital, offering valuable insights and recommendations on credit terms, limits, and risk mitigation strategies.
