Credit Manager

Responsibilities

• Provide oversight to the credit department for Yusen Logistics (Americas) Inc., using multiple operating systems.
• Maintain and enforce the YLA Corporate Credit Policy.
• Implement best practices, developing standardized review procedures.
• Be proactive and responsive to credit demands ensuring that credit requests are processed and escalated to senior management where appropriate in a timely manner in accordance with the company’s credit policy.
• Train and develop department personnel for more challenging assignments, i.e. credit assessments, and maintain through research and analysis of client data.
• Oversee the preparation and distribution of regular periodic reporting, purpose being to report to senior management accounts in at risk industries and sectors.
• Determine the credit worthiness of customer accounts through the appropriate financial analysis.
• Evaluate and provide analysis to determine and recommend credit line amounts in accordance with the company’s credit policy.
• Actively supervise credit requests; ensuring the department reacts with an appropriate understanding of the demands of the organization to meet the company’s objectives while satisfying the organizations obligations to minimize credit risk.
• Manage and supervise the credit department staff to include development of department goals, performance management, staffing, training/staff development and performance appraisals.
• Monitor the A/R portfolio with regard to delinquent accounts and those accounts with balances over their company’s approved limits.
• This is accomplished by reviewing reports such as: over the limit, pay pattern changes, DSO and feedback from the collectors.
• Work with the AR department management to ensure collections issues are incorporated into the credit evaluation.

Qualifications

• Bachelor's degree in Finance, Accounting, and Business is required.
• Minimum of eight (8) years of credit and financial analysis experience with four (4) years at department management level.
• Strong knowledge and understanding of standard credit procedures.
• Experience determining credit worthiness and ongoing risk assessment.
• Detail oriented with the ability to analyze cash flow, leverage and gauge customer strength.
• Excellent verbal and written communication skills.
• Ability to make sound business judgments while protecting the interests of company.
• Ability to communicate with all levels of management.
• Excellent analytical and financial analysis skills.
• Strong organizational and time management skills.
• Ability to handle multiple tasks simultaneously while paying attention to detail.
• Ability to gather and interpret data, compile information and prepare reports.
• Ability to train new hires on policies and procedures.
• Ability to develop and mentor staff.
• Systems Experience: ERP systems experience preferred, D365 or SAP is a plus. Dunn & Bradstreet experience desired.
• Proficiency in Excel and Word required.