Credit Manager
Evaluate and approve credit applications
Evaluate and approve credit applications, limits, and account changes based on risk analysis.
Monitor customer balances and aging
Monitor customer balances and aging; take action on delinquent accounts.
Develop and execute effective collection strategies
Develop and execute effective collection strategies.
Review and manage credit limits and lien rights
Review and manage credit limits and lien rights to protect company interests.
Resolve disputes in partnership with sales and customers
Resolve disputes in partnership with sales and customers.
Manage bad debt exposure
Ensure compliance with applicable laws and regulations (e.g., UCC, FDCPA, ECOA, liens, bonds, Sarbanes-Oxley); Manage bad debt exposure, including recovery efforts and legal escalation when necessary.
Partner with sales teams
Partner with sales teams through regular branch interaction and customer visits.
Structure credit solutions
Structure credit solutions (e.g., joint check agreements) for project-based accounts.
Handle complex, high-risk, or exception accounts
Handle complex, high-risk, or exception accounts beyond standard authority.
Lead, coach, and develop credit team members
Lead, coach, and develop credit team members.
Qualifications
- Bachelor’s degree in Finance or related field preferred
- Credit, Collections, or Accounts Receivable experience (construction industry preferred)
- Strong analytical and decision-making skills with sound business judgment
- Excellent communication and relationship-building abilities
- Ability to manage priorities and perform effectively in a fast-paced environment
- Leadership or team development experience preferred
- Sales process understanding
- Credit evaluation and portfolio management
- Financial Statement Analysis
- Collections strategy and execution
- Customer and branch relationship management
- Secondary security concepts
- Uniform Commercial Code (UCC) fundamentals
- Enterprise and vendor systems proficiency