Job title: Director of Credit and Collections

Company: Workrise

Job description: As the leading workforce management solution for the skilled trades, Workrise makes it easier for skilled laborers to find work, and for companies to find in-demand workers. Workrise currently operates in wind, solar, construction, oil and gas, and defense industries. We’re growing, and we’d love to learn what you can add to our team!

Workrise is hiring a Director of Credit & Collections to grow our credit and collections processes. The Director will oversee the creation of solutions that improve our cash conversion cycle, optimize our credit risk, alleviate manual processes, and provide the reporting and data necessary for the business leaders to grow their business. This role will interact regularly with the VP of Financial Operations, the Treasurer, the Controller, the CFO, and the heads of our business units.

This role will be actively involved in the entire order-to-cash process. Our ideal candidate for this role will be someone who is highly self-motivated and is strong in financial modeling and stakeholder engagement, while also being able to understand how credit and collections policies can best preserve our capital.

What you’ll be doing:

  • Take current team processes to the next level, including formalizing escalation procedures and processes
  • Design monitoring strategy to identify whether credit strategy is working as expected or if a pivot in approach is required and to clearly identify the factors contributing to strategy effectiveness and performance
  • Analyze current credit risk and develop a strategy to remedy any existing problems, while simultaneously building a go-forward strategy to underwrite our business to grow, within our risk tolerance
  • Review programs with Strategy, Sales, and Product to identify credit program features that balance driving growth while maintaining financial stability
  • Develop performance forecasts that take into account a variety of economic, market, and customer-specific factors
  • Set objectives for the collections team that align with the accounting department’s goals and ensure team goals are met
  • Improve current collections metrics by effectively manage day-to-day collections activities and motivating the teams to identify, resolve, and mitigate account delinquencies
  • Build out world-class reporting functionality that allows management to precisely understand our credit risk and how to address it
  • Partner closely with cross-functional teams including Sales, Finance, Legal and various business owners to ensure clear communication with Clients
  • Work cross functionally with Product and Engineering teams to refine and improve our processes including providing scope, requirements design, and user acceptance testing
  • Act as a key stakeholder in the implementation and rollout of HighRadius
  • Manage bad debt expense forecasting and assessment process
  • Prepare documentation and/or analysis to support audit requests
  • Provide updates to senior management on credit risk issues, recommendations, and progress

What you should have:

  • Strong bias to action
  • Undergraduate degree preferred or equivalent experience in Finance, Accounting, and/or Business. MBA or other advanced degree preferred
  • 10+ years credit and/or collections experience, preferably for high-growth tech, heavy industry, or marketplace company
  • 5+ years of management experience required
  • Deep domain expertise in credit underwriting, process optimization, and risk mitigation
  • Experience with Netsuite preferred
  • Excellent communication and organizational skills required
  • Experience in identifying stakeholders, establishing relationships, and influencing others to get work done
  • Excellent judgment, critical-thinking, and decision-making skills; can balance attention to detail with swift execution
  • Experience working in fast-paced and frequently-changing environments; ability to thrive in ambiguity and self-direct

More than a job:

At Workrise you can feel good about your work and furthering our mission to serve those who do the hard work. We recognize that making an impact matters to you and we believe in providing an environment that fosters that ambition. We welcome you to develop relationships with coworkers by displaying our company values: Own the Mission, Learn and Grow, Solutions Over Ego, and Raise the Bar. In appreciation for your contributions, we support you with various health insurance plan options (including medical, dental, vision), flexible paid time off, and competitive 401k matching.

As a world-class employer, Workrise is committed to providing an environment where any and all people feel welcome, respected, and free to be their authentic selves. We welcome applicants of all gender identities, sexual orientation, educational background, religion, ethnicities, veteran status, and citizenships. We’d love to learn what you can add to our team!

Who we are:

In 2014, we set out to create a better way to get work done in the Oil & Gas industry. The goal – to build the most reliable and cost-effective workforce solution, using technology to make it easier to manage and deploy workers at scale. Over time, we’ve grown to serve construction, wind, solar, and defense.

We’re a Series E startup, backed by industry-leading investors Founders Fund, Bedrock Capital, Andreesen Horowitz, Baillie Gifford. To date, we’ve placed over 26,000 skilled tradespeople with over 500 businesses and are poised to grow exponentially over the coming months and years.

We’d love to share more through the interview process!

Apply for this Job

  • Required

First Name *

Last Name *

Email *

Phone *

Resume/CV

Drop files here

Cover Letter

Drop files here

LinkedIn Profile

Website

Are you currently authorized to work in the country outlined for this job? (e.g., H-1B status) *

Does your authorization require renewal or sponsorship in the future? (e.g. L2/H4 visas) *

U.S. Equal Opportunity Employment Information (Completion is voluntary)

Individuals seeking employment at Workrise are considered without regards to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, gender identity, or sexual orientation. You are being given the opportunity to provide the following information in order to help us comply with federal and state Equal Employment Opportunity/Affirmative Action record keeping, reporting, and other legal requirements.

Completion of the form is entirely voluntary. Whatever your decision, it will not be considered in the hiring process or thereafter. Any information that you do provide will be recorded and maintained in a confidential file.

Gender

Are you Hispanic/Latino?

Please identify your race

If you believe you belong to any of the categories of protected veterans listed below, please indicate by making the appropriate selection. As a government contractor subject to Vietnam Era Veterans Readjustment Assistance Act (VEVRAA), we request this information in order to measure the effectiveness of the outreach and positive recruitment efforts we undertake pursuant to VEVRAA. Classification of protected categories is as follows:

A “disabled veteran” is one of the following: a veteran of the U.S. military, ground, naval or air service who is entitled to compensation (or who but for the receipt of military retired pay would be entitled to compensation) under laws administered by the Secretary of Veterans Affairs; or a person who was discharged or released from active duty because of a service-connected disability.

A “recently separated veteran” means any veteran during the three-year period beginning on the date of such veteran’s discharge or release from active duty in the U.S. military, ground, naval, or air service.

An “active duty wartime or campaign badge veteran” means a veteran who served on active duty in the U.S. military, ground, naval or air service during a war, or in a campaign or expedition for which a campaign badge has been authorized under the laws administered by the Department of Defense.

An “Armed forces service medal veteran” means a veteran who, while serving on active duty in the U.S. military, ground, naval or air service, participated in a United States military operation for which an Armed Forces service medal was awarded pursuant to Executive Order 12985.

Veteran Status

Form CC-305

OMB Control Number 1250-0005

Expires 05/31/2023

Voluntary Self-Identification of Disability Why are you being asked to complete this form?

We are a federal contractor or subcontractor required by law to provide equal employment opportunity to qualified people with disabilities. We are also required to measure our progress toward having at least 7% of our workforce be individuals with disabilities. To do this, we must ask applicants and employees if they have a disability or have ever had a disability. Because a person may become disabled at any time, we ask all of our employees to update their information at least every five years.

Identifying yourself as an individual with a disability is voluntary, and we hope that you will choose to do so. Your answer will be maintained confidentially and not be seen by selecting officials or anyone else involved in making personnel decisions. Completing the form will not negatively impact you in any way, regardless of whether you have self-identified in the past. For more information about this form or the equal employment obligations of federal contractors under Section 503 of the Rehabilitation Act, visit the U.S. Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP) website at . How do you know if you have a disability?

You are considered to have a disability if you have a physical or mental impairment or medical condition that substantially limits a major life activity, or if you have a history or record of such an impairment or medical condition.

Disabilities include, but are not limited to:

  • Autism
  • Autoimmune disorder, for example, lupus, fibromyalgia, rheumatoid arthritis, or HIV/AIDS
  • Blind or low vision
  • Cancer
  • Cardiovascular or heart disease
  • Celiac disease
  • Cerebral palsy
  • Deaf or hard of hearing
  • Depression or anxiety
  • Diabetes
  • Epilepsy
  • Gastrointestinal disorders, for example, Crohn’s Disease, or irritable bowel syndrome
  • Intellectual disability
  • Missing limbs or partially missing limbs
  • Nervous system condition for example, migraine headaches, Parkinson’s disease, or Multiple sclerosis (MS)
  • Psychiatric condition, for example, bipolar disorder, schizophrenia, PTSD, or major depression

Disability Status

1Section 503 of the Rehabilitation Act of 1973, as amended. For more information about this form or the equal employment obligations of Federal contractors, visit the U.S. Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP) website at .

PUBLIC BURDEN STATEMENT: According to the Paperwork Reduction Act of 1995 no persons are required to respond to a collection of information unless such collection displays a valid OMB control number. This survey should take about 5 minutes to complete.

Expected salary:

Location: Austin, TX

Job date: Thu, 25 Nov 2021 04:46:46 GMT

Apply for the job now!