Director of Credit, Cash App and Collections

About Your Future with TopBuild

Are you looking for a career with an industry leader that drives the future of energy-efficient insulation and building material products? Is being part of a company that is recognized as a “Great Place to Work” of value to you? Look no further! At TopBuild, you will be part of a diverse and inclusive team that reflects our values of integrity and innovation by delivering solutions that make a difference in the communities we serve. Here, you are part of a company that rewards your contributions and encourages you to take ownership of your career.

Job Description

Position Summary

The Corporate Director of Credit & Collections is responsible for all Credit, Accounts Receivable and Cash Application for the Company and will oversee a team of over 100 employees located throughout the United States and Canada. This position is responsible for the overall credit risk for the organization and optimal performance of the credit function through refining the collections and cash application process along with developing KPIs for ensure optimal performance of the credit function. Partner with sales and administrative teams to promote sales, while meeting cash flow targets and mitigating delinquent receivables and bad-debt loss. Professionally address customer requests, build lasting customer relationships and thrive in a fast-paced team environment.

• Responsible for TopBuild’s overall Accounts Receivable exposure of approximately $775M
• Sets and drives AR performance to established business goals; regularly achieve DSO, cashflow and % current targets.
• Recruit, hire, lead, train, coach and develop a talented staff of Regional Credit Managers, BSC Credit Support, AR Managers and AR Specialists to achieve business objectives. (~100 downstream reports)
• Ensure accurate and timely Cash Application Process
• Develop, support and drive credit policy, implements processes to minimize risk and gains broader business buy-in.
• Lead the collaborate effort with cross-functional departments (i.e., Treasury, Operations, Tax, Accounting, Sales, etc.) to remove process roadblocks to ensure effective credit and collection practices.
• Owns credit review process and maintenance of Customer Masterfile; ensures credit is extended to customers in accordance with company policies and excellent judgment.
• Provides tools to monitor and maintain Lien/Bond rights and file Liens/Bond Claims as necessary to protect AR assets.
• Handle escalated and high dollar receivables; negotiate and secure arrangements for payment with escalated delinquent accounts within limits of authority; evaluate and recommend assignment to bad debt and/or collections, legal.
• Build strong relationships with Business Leaders and facilitates resolution and escalations with various stakeholders; attends meetings and represents AR team priorities.
• Complete standard monthly reporting, bad debt analysis and ad hoc reports as required.
• Work with Auditors/Accounting team to comply with all SOX requirements.
• Controls expenses within AR Budget.
• Other duties as assigned.

Experience & Qualifications

• Minimum 15 years’ experience in credit and collections
• Bachelor’s degree in Accounting/Business or related field
• Experience in building materials distribution or construction industry, preferred
• Extensive Mechanics Lien and Bond management experience
• Leadership experience leading a large team (minimum of 50+ reports)
• Focused on continuous improvement
• Technical expertise in integrating and implementing AR technology platform solutions
• Basic accounting, finance and GAAP knowledge
• Excellent written and verbal communication skills
• Microsoft Office, Outlook and ERP experience (Advanced Excel and Oracle highly valued)

Travel Requirements

25% Travel to remote worker employee sites is encouraged

National Travel

This position is a remote working role.

Physical Requirements

Work is performed in a typical office environment and may require standing, bending, lifting boxes or packages under 10 lbs., and sitting for long periods of time.

Work requires regularly inputting/retrieving words or data into or from an automated/computer system.

Your Benefits

We care about the health and safety of all employees and provide a range of benefits to assist in prioritizing your wellbeing. Listed below are a few of our available benefits:

• Base + Bonus & Benefit Package
• Competitive Compensation
• Medical, Dental and Vision
• Strive Wellness Program
• 401(k) Matching
• Paid Holiday and Paid Time Off (PTO) for all positions
• AssuredExcellence®: minimal to no cost medical care and prescription drugs
• Flexible Spending Accounts (FSA): Healthcare and Dependent care
• Health Spending Account (HSA): with employer contribution
• Life & Disability Insurance
• Employee Assistance Program (EAP): in-person counseling, assistance and resources for family matters, legal and financial issues, etc.
• Employee Referral Bonus
• Paid Military Leave
• Tuition Reimbursement
• Length of Service Award

#LI-Remote

#LI-ET1

TopBuild Corp. (NYSE: BLD) is the leading installer and distributor of insulation and building material services nationwide. TopBuild has a family of companies, which comprises of approximately over 450 branch locations across the United States and Canada. As a company, we actively engage in corporate social responsibility through our commitment to Environmental, Social, and Governance (ESG) practices. Additionally, we prioritize diversity and inclusion in our organization. If this interests you, we encourage you to join our company and find a variety of career opportunities awaiting you!

TopBuild Corp. is an equal opportunity employer (EOE), this includes protected Veterans/Disability. The employee must be able to perform the essential functions of the position. Upon request and absent undue hardship, reasonable accommodation will be offered to enable employees with disabilities to perform the essential functions of the job.