Company Overview:
Bose Professional is a leader in the professional audio industry, specializing in the design and manufacturing of cutting-edge audio solutions including loudspeakers, amplifiers, signal processing devices, controls, software, and accessories.
As we continue to expand our team, we are seeking an AR Credit & Collections Manager to join us on our journey.
Mission: To help our users amplify their brand with sound.
Vision: Be the preferred brand in the creation of engaging & extraordinary audio environments that connect people in meaningful ways.
Core Values:
Team - One Team, One Goal; Collaborative; "Not my job" is not in our vocabulary
Customer - Outside > In; Complete Solutions; We are the product
Trust - No Politics; Open & Direct; Collaborative; Deliver on commitments
Respect - Empathy; Recognition; Fairness; Courtesy
Excellence - Creative & Innovative Thinking; Do what it takes to serve the customer; Quality Solutions; Low-key but high performing
Position Overview:
The Accounts Receivable Credit Collections Manager at Bose Professional is responsible for overseeing and managing the accounts receivable and credit collections processes.
This role ensures timely collection of outstanding invoices, minimizes credit risk, and maintains strong relationships with clients while adhering to company policies and procedures.
The ideal candidate will possess strong analytical skills, leadership abilities, and a proven track record in credit management and collections.
Key Responsibilities: Develop and implement credit policies and procedures to minimize risk and ensure timely collection of receivables.
Evaluate and approve credit limits and terms for new and existing clients.
Monitor and analyze accounts receivable aging reports to identify overdue accounts and take appropriate action.
Oversee the collections process, including contacting clients to follow up on overdue invoices and negotiating payment terms.
Resolve disputes and discrepancies related to invoices and payments.
Implement and maintain collection strategies to improve cash flow and reduce days sales outstanding.
Prepare and present regular reports on accounts receivable and collections performance to senior management.
Analyze trends and identify opportunities for process improvements.
Build and maintain strong relationships with clients, addressing any issues or concerns in a professional manner.
Ensure compliance with legal and regulatory requirements related to credit and collections.
Perform credit risk assessments and take necessary actions to mitigate potential risks.
Qualifications: Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
Minimum of 8 years of experience in accounts receivable, credit management, or collections Strong knowledge of accounting principles, credit management, and collections best practices.
Proficiency in accounting software and Microsoft Office Suite (Excel, Word, PowerPoint).
Excellent analytical, organizational, and problem-solving skills.
Strong leadership and team management abilities.
Outstanding communication and interpersonal skills.
Ability to work independently and manage multiple priorities in a fast-paced environment.
Professional certification (e.g., Certified Credit Professional (CCP) or similar) is a plus.
Experience with NetSuiteis preferred.
Position/Title: AR Credit & Collections Manager
Reports to: CFO located in the US
Time type: Full-time
Location: Hybrid role working 3-days a week onsite in Framingham, MA