Credit & Collections Associate

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Kohl & Frisch Ltd Concord , Ontario L4K 2R5

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JOB POSTINGPOSITION:                       Credit & Collections Associate
STATUS:                          Full-Time
LOCATION:Kohl & Frisch Limited (Concord, ON)
REPORTS TO:                  Credit & Collections Supervisor
DEPARTMENT:                FinanceFounded in 1916, Kohl & Frisch Limited has a solid reputation in the healthcare industry that distinguishes it as the only national, Canadian-owned and operated wholesale distributor. A family-owned company, it is one of Canada’s leading national distributors and is the essential link between pharmaceutical manufacturers and healthcare providers. Kohl & Frisch is fully equipped to service large chain retailers, independent pharmacies, clinics, and hospitals for all their Rx, OTC, home healthcare, and front shop needs.Primary Role of This Position
Reporting to the Credit & Collections Supervisor, this position is responsible for the overall coordination, maintenance, and critical evaluation of key legal documents pertaining to Kohl & Frisch’s Security Agreements and PPSA Registrations.

Major Responsibilities

  • Responsible for the processing of all credit applications & binding legal documents to ensure accuracy, consistency, thoroughness & compliance
  •  Mitigating risk by performing critical & careful document examination of signatories, confirmation of ownership & director positions along with corporate profile details
  • Initializes & “perfects” K&F’s overall security by coordinating the registration of legal documents, including our General Security Agreement (GSA), Purchase Money Security Instrument (PMSI)
  • Performs Personal Property Security Act (PPSA) searches to confirm the security position that K&F holds relative to financial institutions, competitive entities & other trade creditors
  • Proactively monitors the pending expiry of registered security documents to ensure that renewals take place prior to expiry
  • Liaise with sales and customers to expediently resolve deficiencies in documentation, obtain required credit & legal information and to communicate credit decisions &/or the status of credit applications
  • Accountable for the overall integrity and the day-day administration & maintenance of K&F’s Customer Master File
  • Ability to collect balances due & understanding the unique issues & sensitivities relative to assigned accounts
  • Other duties as required
Education and Qualifications
  • Minimum of 5 years of credit and collections experience, in a high-volume department
  • Expertise and legal knowledge relative to Security Agreements and PPSA registrations
  • Proficient reconciliation, and analytical skills with accuracy and high attention to detail
  • Strong written and verbal communication skills
  • Proficient excel skills and MS Office
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Credit & Collections Associate

Kohl & Frisch Ltd