Credit and Collections Lead

Senior Credit And Collections Specialist

Woodward is committed to creating a great workplace for all team members. Our company and its members are committed to acting with integrity, being respectful and accountable to one another, and staying humble and driven, while maintaining the highest professional and ethical standards.

We are steadfastly committed to attracting the best talent across our communities creating a rewarding workplace. Together we are fulfilling our purpose to design and deliver energy control solutions our partners count on to power a clean future.

Woodward supports our members' wellbeing and regularly benchmarks with other companies in our industry to offer an extensive Total Reward package for this position. Salary will be determined by the applicant's education, experience, knowledge, skills, and abilities, as well as internal equity and alignment with market data.

Estimated annual base pay : $60,000 (minimum) - $78,000 (midpoint) - $96,000 (maximum)

All members included in annual cash bonus opportunity.

401(k) match (4.5%)

Annual Woodward stock contribution (5%)

Tuition reimbursement and Training / Professional Development opportunities for all members

12 paid holidays, including floating holidays

Industry leading medical, dental, and vision insurance upon date of hire

Vacation / Sick Time / Vacation Buy-up / Short Term Disability / Bereavement leave

Paid parental leave

Adoption Assistance

Employee Assistance Program, including mental health benefits

Member Life & AD&D / Long Term Disability / Member Optional Life

Member referral bonus

Spouse / Child Optional Life / Optional AD&D / Healthcare and Dependent Care Flexible Spending

Voluntary benefits, including :

Home / Auto Insurance discounts

Whole Life Insurance / Critical Illness Insurance / Legal Assistance / Military Leave

As the Senior Credit And Collections Specialist, you will play a key role in managing the company's accounts receivable, assessing credit risk, and driving efficient collection processes. This position requires a proactive approach to financial management, exceptional customer service, and analytical capabilities to support the organization's financial health.

Key Responsibilities :

Accounts Receivable Management : Monitor and manage accounts receivable, including tracking payments, sending invoices, and following up on overdue accounts to ensure timely collections.

Credit Risk Assessment : Evaluate the creditworthiness of new and existing customers by analyzing credit reports, financial statements, and other relevant data to mitigate risk.

Collections Oversight : Lead the collections process by contacting customers, negotiating payment plans, and resolving outstanding debts in a professional and timely manner.

Mentorship and Leadership : Provide guidance, training, and support to junior Credit and Collections Specialists, fostering a culture of collaboration, knowledge sharing, and professional growth.

Projects and Automation : Drive process improvement initiatives by identifying opportunities for automation and operational efficiencies within the credit and collection's function. Lead or contribute to projects aimed at streamlining workflows, enhancing system capabilities, and improving overall team performance.

Reporting and Analysis : Prepare detailed reports and analyze data related to accounts receivable and collections, identifying trends and recommending improvements to enhance efficiency and performance.

Key Skills :

Financial Analysis : Strong ability to interpret financial statements, credit reports, and other data to make informed decisions.

Risk Assessment : Expertise in assessing and managing credit risk to minimize exposure.

Collections Management : Proven ability to oversee and optimize collections processes, including dispute resolution and payment negotiation.

Communication : Excellent written and verbal communication skills to engage effectively with customers, colleagues, and senior leadership.

Customer Service : Commitment to delivering high-quality service and resolving issues professionally and promptly.

Attention to Detail : Precision in managing financial data, tracking accounts, and ensuring accuracy in reporting.

Organizational Skills : Strong multitasking ability to prioritize tasks and meet deadlines.

Problem Solving : Critical thinking skills to identify challenges, develop solutions, and implement effective strategies.

Technology Proficiency : Familiarity with financial software, tools, and systems to efficiently manage accounts and collections.

Team Collaboration : Ability to work collaboratively with cross-functional teams to achieve shared objectives.

Leadership and Mentorship : Experience in coaching, mentoring, and supporting team members to foster growth, collaboration, and high performance.

Application window is anticipated to close 7 days from original posting date.

This information is provided in compliance with the Colorado Equal Pay for Equal Work Act and is the company's good faith and reasonable estimate of the compensation range and benefits offered for this position. The compensation offered to the successful applicant may vary based on factors including experience, skills, education, location, and other job-related reasons.

This position requires use of information which is subject to the International Traffic in Arms Regulations (ITAR) and / or the Export Administration Regulations (EAR). All applicants must be U.S. Persons within the meaning of the ITAR and EAR, or eligible to obtain all required authorizations from the U.S. Department of State and / or the U.S. Department of Commerce. The ITAR defines a U.S. Person as a U.S. citizen or national, lawful permanent resident (i.e., 'Green Card holder'), or a protected person (e.g., asylee, or refugee).

Woodward is an equal opportunity employer and does not discriminate in hiring or employment on the basis of race, color, religion, sex (including sexual orientation and gender identity), national origin, age, disability, protected veteran status, or any other category protected under federal, state, or local laws.