Manager, Collections

Company: XPO Logistics
Location: Charlotte
Posted on: January 15, 2021

Job Description:

Logistics done differently. Fortune Magazine named XPO Logistics among the most admired companies in the world, and Forbes listed us as one of America's best employers. As the Manager, Collections, you will support and manage the performance and productivity of the team in relation to Accounts Receivable (AR) collections. You'll also provide ongoing feedback, development and guidance to team members. Become a part of our growing, dynamic team and we'll help you develop your career to a level that will exceed your expectations. Pay, benefits and more. We are eager to attract the best, so we offer competitive compensation and a generous benefits package, including full health insurance (medical, dental and vision), 401(k), life insurance, disability and the opportunity to participate in a company incentive plan. What you'll do on a typical day.

• Ensure that collection activities (customer interactions and collection call volume standards) are performed on all accounts with a past due Accounts Receivable (AR) balance
• Drive performance metrics, such as Days Sales Outstanding (DSO) Aging accounts and bad debt percentage
• Establish relationships with business partners in sales, onboarding, corrections, credit and billing to drive strategic performance metrics
• Partner in the development of the collection system strategy that includes the delivery of strategic and operational processes and system processes
• Analyze data to make recommendations on forecasting budgets, service measurements and staffing needs
• Drive improvements in collection system strategy including changes in operational, SOPs and training.
• Participate in planning and estimate cycles for setting goals for the collection's organization based on fluctuations in the economic environment.
• Collaborate with team on accounts to proactively identify areas of potential risk to mitigate escalations.
• Effectively communicate updates to senior management on accounts status/challenges and collection strategy of collections by team, in addition to individual risks within the portfolio of accounts.
• Understand and practice the requirements of the SOX and Internal Controls for the department with the ability to identify deficiencies in the requirements and support procedure changes to mitigate risk.
• Promote a positive and engaged team through creation of a supportive and engaging work environment that promotes collaboration, training and development
• Coach, develop and motivate team in reaching new skills, knowledge and effective communicationWhat you need to succeed at XPO: At a minimum, you'll need:
  Bachelor's degree or equivalent related work or military experience 5 years of experience in B2B collections, supervisor or manager level experience working with software and system tools that support the collections process Experience with Microsoft Office It'd be great if you also have:

  Transportation industry or accounts receivable/financial services experienceExperience utilizing Oracle 11R2, R12, and/or GetPaidFamiliarity with reserve methodologies Ability to prioritize changing competing prioritiesExperience leading and developing a newly organized teamAdvanced skills with Microsoft ExcelBe part of something big. XPO is a leading provider of cutting-edge supply chain solutions to the most successful companies in the world. We help our customers manage their goods most efficiently using our technology and services. Our greatest strength is our global team - energetic, innovative people of all experience levels and talents who make XPO a great place to work. We are proud to be an Equal Opportunity/Affirmative Action employer. Qualified applicants will receive consideration for employment without regard to race, sex, disability, veteran or other protected status. XPO adheres to CDC, OSHA and state and local requirements regarding COVID safety. All employees and visitors are expected to comply with XPO policies which are in place to safeguard our employees and customers. All applicants who receive a conditional offer of employment may be required to take and pass a pre-employment drug test. The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified. All employees may be required to perform duties outside of their normal responsibilities from time to time, as needed.
  
  

Keywords: XPO Logistics, Charlotte , Manager, Collections, Professions , Charlotte, North Carolina