The Sr. Credit Manager leads the Credit and Collections department and is responsible for managing all aspects of the organization’s credit and collections activities. S/he is a key contributor to the Company’s execution on revenue growth strategies while appropriately managing credit risk and maintaining world-class DSO and delinquency metrics. The Sr. Credit Manager:
Maintains oversight of all Accounts Receivable, including direct management of past due or problem accounts.
Supervises team of Credit Analysts and Credit Supervisors.
Informs Management and Commercial teams of collection activities to provide insight on current customer relations and assist in effective working capital management.
Assures timely availability of credit service for the Commercial
Consults with the Commercial team on contract terms and international Letters of Credit.
Collaborates with the Invoicing department to ensure customers receive invoices in a timely manner.
Renders credit decisions after thorough review of financial statements, credit applications, credit agency reports, business plans and anything else deemed necessary.
Prepares/analyzes various statistical and financial reports to establish KPIs and measure performance of the Credit and Collections function.
Coordinates with the Corporate Treasury department regarding maintenance of accounts with financial institutions.
Maintains and updates customer credit files and credit limits.
Provides support for audit requests pertaining to revenue transactions, accounts receivable and compliance with the Company’s customer credit policies.
Contributes to special projects, process improvement initiatives and ad-hoc requests as needed.
KNOWLEDGE AND SKILL REQUIREMENTS
The ideal candidate is a proven leader with exceptional organizational skills and someone who thrives in a dynamic and fast-paced environment. Successful candidates will demonstrate a proven ability to identify and implement process improvements to achieve operational efficiencies and advance key performance metrics. Additional qualifications include:
Bachelor’s Degree, preferably in Finance, Accounting, Economics or other applicable major
5+ years credit management and collections experience, including supervision of a collections team (preferably in a manufacturing environment)
Thorough knowledge of credit, accounting, credit policy and financial statement analysis
Strong business acumen in credit risk management, industry practices and emerging trends
Results-driven approach with ability to operate under high degree of autonomy in making decisions and implementing change
Exceptional management, organizational and leadership skills
Excellent interpersonal, verbal, and written communication skills
