Sr. Manager Credit and Collections (TX, San Antonio) - Pioneer Energy Services

Summary:
Primary responsibilities include ???hands-on??? management of company Credit and Collection function for a multi-division oilfield service company. Processing of new client credit applications, setting credit limits and payment terms, managing all aspects of accounts receivable including account follow up and collection of overdue accounts.
Responsibilities:
• Manage all department activities within established company policy guidelines.
• Mentor and supervise department personnel.
• Interface with Sales and Operations personnel to timely contact new clients to obtain credit application, credit investigation, financial review and establishing credit limits and payment terms.
• Maintain Credit files and account documentation.
• Ability to analyze financial statements, commercial credit reports, bank, and credit references.
• Monitor existing credit limits and payment terms and make changes as required.
• Identify service and billing disputes and coordinate with division sales and operations personnel to resolve.
• Manage timely collection follow up on overdue accounts.
• Manage problem collections including special payment arrangements, working with outside attorney to file Oil & Gas Liens, initiating litigation when appropriate, and following up on post judgment collections. Knowledge of bankruptcy law and filing Proofs of Claim.
• Prepare monthly bad debt accrual reports and review with finance department and management.
• Meet with internal and external auditors as needed.
• Maintain open communications with management and business unit sales and operations regarding credit and collection issues. Participate in monthly Division conference calls.
• Participate in oilfield credit organizations i.e., Petroleum Equipment & Services Association, Credit Interchange Division (PESA/CID) and National Association of Credit Managers (NACM Oilfield Division).
• Travel up to 25% may be required.

Qualifications:

• Bachelor's degree or higher with 10+ years of commercial credit experience preferably in oil and gas industry.
• Previous experience leading credit and collections team.
• Strong oral and written communication skills. Ability to meet and negotiate with clients at management levels.
• Computer skills – proficient use of Microsoft Office. Experience with MAS 500 and GetPaid collection software is desirable.