Job Description
Job Description
Credit and Collections Specialist Our client a leader in their industry is currently searching for a Credit and Collections Specialist. This is an onsite role located in Mississauga. This position will be collaborating with the Sales, Finance, and Operations teams, the Credit & Collections Specialist is responsible for overseeing credit risk, evaluating new customer accounts, managing delinquent receivables, and delivering precise financial reports to leadership. This role suits a proactive, detail-focused individual who excels in a dynamic setting and balances strong relationship management with financial diligence. RESPONSIBILITIES: Credit Management * Review and evaluate new customer credit applications and financials. * Set, monitor, and adjust credit limits based on company policies and risk. * Maintain current and accurate credit files and documentation. * Recommend credit holds or changes to manage exposure. Collections & Accounts Receivable * Monitor A/R aging and proactively follow up on overdue accounts. * Resolve payment issues through effective communication with customers. * Coordinate with Sales and Operations to address billing or delivery disputes. * Negotiate payment plans balancing customer relationships and cash flow. * Provide weekly A/R updates and collection summaries to management. Reporting & Analysis * Track collection KPIs and analyze payment trends. * Support month-end close through account reconciliations and A/R reporting. * Assist with audits and provide data to Finance as needed. * Align with Sales on customer credit status and terms. * Partner with Accounting for accurate posting and payment application. QUALIFICATIONS & REQUIREMENTS: * Post-secondary education in Accounting, Finance, or Business preferred. * Credit or Collections designation (CCP, CIC) considered an asset. * 3–5 years’ experience in credit, collections, or accounts receivable. * Background in manufacturing or distribution environments preferred. * Strong knowledge of credit analysis, AR procedures, and collection practices.