Manager, Credit and Collections - Somerset, NJ - Hybrid

Role Overview

The Manager, Credit and Collections at Sysco's Guest Worldwide subsidiary is a critical leadership role responsible for overseeing the credit and collections operations within a specific region. This position involves managing a team of credit and collections representatives and supervisors, ensuring compliance with company policies and procedures, and driving optimal performance in accounts receivable management. The ideal candidate will possess a strong background in finance, a deep understanding of credit and collections best practices, and proven leadership abilities.

Day in the Life

A typical day for the Manager, Credit and Collections might include: * **Team Management:** Conducting daily stand-up meetings with the team to review priorities, address challenges, and provide coaching and support. * **Performance Monitoring:** Reviewing key performance indicators (KPIs) such as days sales outstanding (DSO), collection rates, and aging of receivables to identify areas for improvement. * **Report Generation:** Preparing and analyzing weekly, monthly, and annual management reports on credit and collections activities. * **Delinquency Management:** Evaluating delinquent accounts and determining appropriate collection strategies, including outsourcing to legal authorities when necessary. * **Credit Limit Assignment:** Reviewing new account files and assigning initial credit limits, escalating high-dollar limit requests to the Director, Credit & Collections. * **Policy and Procedure Compliance:** Ensuring that the team adheres to company policies, SOX requirements, and industry best practices. * **Employee Development:** Conducting performance reviews, providing feedback, and identifying training opportunities for team members. * **Problem Solving:** Addressing complex customer issues and resolving disputes related to credit and collections. * **Collaboration:** Working with other departments, such as Sales and Customer Service, to ensure a smooth and efficient order-to-cash process.

Why Somerset, New Jersey?

Somerset, New Jersey, offers a compelling combination of professional opportunities and a high quality of life. Located in the heart of the state, Somerset provides easy access to major metropolitan areas like New York City and Philadelphia while maintaining a more suburban atmosphere. The area boasts a strong economy, excellent schools, and a diverse community. For professionals in finance and management, Somerset presents a stable and growing job market with numerous opportunities for career advancement.

Career Path

The Manager, Credit and Collections role serves as a stepping stone to more senior leadership positions within Sysco. With demonstrated success in this role, individuals can advance to positions such as: * **Director, Credit & Collections:** Overseeing credit and collections operations for a larger region or business unit. * **Senior Director, Finance:** Leading a broader finance function, such as financial planning and analysis or accounting. * **Vice President, Finance:** Assuming overall responsibility for the financial health and performance of a division or subsidiary. Sysco is committed to providing its employees with opportunities for growth and development, offering various training programs, mentorship opportunities, and leadership development initiatives. ## Salary & Benefits The salary range for the Manager, Credit and Collections position in Somerset, NJ, is estimated to be $85,000 - $125,000 annually. The final compensation will depend on factors such as experience, education, and skills. Sysco offers a comprehensive benefits package to its employees, including: * **Health Insurance:** Medical, dental, and vision coverage. * **Retirement Savings:** 401(k) plan with company match. * **Paid Time Off:** Vacation, sick, and holiday pay. * **Employee Stock Purchase Plan:** Opportunity to purchase Sysco stock at a discounted price. * **Tuition Reimbursement:** Financial assistance for continuing education. * **Other Benefits:** Life insurance, disability insurance, employee assistance program, and more. ## Sysco Culture Sysco is a company built on a foundation of integrity, respect, and customer service. The company values its employees and fosters a culture of collaboration, innovation, and continuous improvement. Sysco is committed to diversity and inclusion, creating a welcoming and supportive environment for all employees. The company also places a strong emphasis on safety and ethical conduct. ## How to Apply Interested candidates are encouraged to apply online through the Sysco careers website. The application process typically involves submitting a resume and cover letter, completing an online assessment, and participating in interviews with hiring managers and HR representatives. ## Frequently Asked Questions (FAQ) **1. What are the key responsibilities of the Manager, Credit and Collections?** The Manager oversees the credit and collections team, manages delinquent accounts, assigns credit limits, and ensures compliance with company policies. **2. What qualifications are required for this role?** A bachelor's degree in finance or a related field, along with 5+ years of experience in credit and collections management, are preferred. **3. What skills are essential for success in this position?** Strong leadership, analytical, communication, and problem-solving skills are crucial. **4. What is the salary range for this role?** The estimated salary range is $85,000 - $125,000 annually, depending on experience and qualifications. **5. What benefits does Sysco offer?** Sysco offers a comprehensive benefits package, including health insurance, retirement savings, paid time off, and more. **6. What is the career path for this role?** With demonstrated success, individuals can advance to positions such as Director, Credit & Collections, Senior Director, Finance, or Vice President, Finance. **7. What is the company culture like at Sysco?** Sysco fosters a culture of collaboration, innovation, and continuous improvement, with a strong emphasis on integrity and respect. **8. How can I apply for this position?** Interested candidates can apply online through the Sysco careers website. **9. What is the work environment like?** The position is hybrid, combining remote work with on-site presence in the Somerset, NJ office. **10. What opportunities for professional development are available?** Sysco offers various training programs, mentorship opportunities, and leadership development initiatives.