Credit Manager

Key Responsibilities

• Analyze and evaluate customer financial statements, including balance sheets, income statements, cash flow statements, and supporting schedules to assess financial strength and credit risk.
• Review credit applications and establish appropriate credit limits and payment terms based on financial analysis, industry trends, and risk exposure.
• Conduct comprehensive credit investigations utilizing financial reports, credit bureau data, trade references, banking references, and other relevant sources.
• Monitor customer accounts and financial performance to identify deteriorating credit conditions, emerging risks, and potential collection concerns.
• Recommend credit approvals, modifications, holds, or declines based on established credit policies and sound business judgment.
• Partner with Sales, Finance, and Executive Leadership to support customer growth opportunities while maintaining acceptable risk levels.
• Develop and maintain customer risk ratings and credit review processes.
• Prepare and present credit recommendations and risk assessments to management.
• Manage accounts receivable exposure and support collection efforts on high-risk or delinquent accounts.
• Ensure compliance with company credit policies, internal controls, and regulatory requirements.
• Maintain accurate customer credit files, financial records, and documentation.
• Analyze industry, market, and economic conditions that may impact customer creditworthiness.

Requirements

• 5+ years of progressive experience in commercial credit, credit management, financial analysis, or a related discipline.
• Bachelor's Degree.
• Strong expertise in analyzing customer financial statements and determining credit risk and creditworthiness.
• Proven ability to interpret financial ratios, cash flow trends, liquidity metrics, leverage, profitability, and overall financial health.
• Experience establishing credit limits and managing customer credit portfolios.
• Knowledge of commercial lending principles, credit scoring methodologies, and risk assessment techniques.
• Strong understanding of accounts receivable and collection practices.
• Advanced proficiency in Microsoft Excel and financial analysis tools.
• Excellent analytical, problem-solving, and decision-making skills.
• Strong written and verbal communication skills with the ability to present complex financial information clearly.