Credit Manager

Fortune 500 Manufacturing Company Position Summary:   The Credit Manager sets and maintains credit limits on all companies that business is done with ,update and maintain a healthy and profitable relationship with the customers.  The Credit Manager and Collections Analyst are responsible for the collection of all accounts receivable that are currently open.  He/she demonstrates the ability to see the credit operation as a financially oriented customer service function which balances risk management with support for the business units.  Must have a strong “client service” mindset and the ability to use collaborative and non-adverse approaches in achieving diverse goals.   Responsibilities will include:   ·         Setting and maintaining credit limits and terms on customers. ·         Performing a yearly credit review on customers with credit limits over $250k. ·         Analyzing every order that comes into the company and contact the sales if necessary. ·         Issuing a weekly report detailing customers with credit issues. ·         Monitoring aging reports. ·         Contacting customers via e-mail when an order or account is put on hold. ·         Maintaining and analyzing A/R aging reports. ·         Attending monthly meetings with Business Unit Managers to discuss customers that are over 60 days past due. ·         Managing and executing the timely resolution of customer deductions. ·         Approving functions include account adjustments, bad debt write-offs, refund requests and collection agency placements. ·         Evaluating and responding to all correspondence with attorneys, trustees and bankruptcy courts. ·         Daily meetings with sales force on new/current customers to discuss future business. ·         Attend credit association meetings to discuss the industry, which countries may have difficulties and how to handle them. ·         Cash applications for miscellaneous receipts. ·         Ongoing training and mentoring of Collections Analyst. ·         Needs to be available after hours for Traffic & Sales Department when customers need to be removed off credit hold. ·         Other duties as assigned.   Required Experience:   ·         Bachelor’s degree is preferred. ·         Two to three years’ experience or equivalent combination of education and experience are required. ·         Computer skills are required (Microsoft Word, Excel, PowerPoint) ·         Good communication skills (verbal and written) ·         Good phone manner ·         Needs to be well organized, detail oriented and analytical $85K - 100k + Bonus