Credit Manager
Title: Credit Manager
Duration: Full-Time, Direct Hire
Location: Addison, Texas (Onsite, 5 days a week)
Compensation: $100,000 - $105,000
Responsibilities:
• Manage a $750M accounts receivable portfolio, verify credit ratings, and lead a team of 3 credit analysts and 1 cash on deliveries specialist.
• Focus on maintaining cash/check handling policies and overseeing collections in TX, LA, MS, KY, and Southern IL.
• Oversee shared services in Latin America, ensuring accurate transaction processing, training, and portfolio accuracy.
• Adhere to and improve safety policies in all work environments.
• Standardize billing and credit processes across regions; inform management of significant issues.
• Analyze financial information on customers to maximize sales and minimize bad debt risk.
• Review and approve credit applications, establishing limits and risk categories.
• Set credit limits and approve over-limit orders after analysis.
• Oversee customer credit requests, cash application, account aging, and collections.
• Manage Credit Hold System, prepare timely reports, and monitor Sales Team input.
• Review NOAD system and reports for prompt resolution.
• Approve sales tax exemption documents and credits.
• Report on accounts receivable balances and delinquency.
• Develop procedures to reduce DSO, past due percentages, and improve cash flow.
• Report on regional cash projections.
• Preserve lien and bond rights on high-risk accounts.
• Ensure prompt turnover of accounts receivable to minimize DSO and bad debt loss; interface with customers and senior management.
• Establish credit review procedures for staff to conduct investigations.
• Prepare Bad Debt Reserve Analysis and review with finance leadership.
• Manage billing, credit collections, and cash on delivery processes.
• Approve write-offs of delinquent debt; prepare audit reports, including State Sales Tax and internal audits.
• Develop annual budget for cash flow and DSO; perform other assigned duties.
Requirements:
• Over 7 years of relevant experience, including multistate credit collections, managing large receivables, lien processes, and SAP proficiency.
• Proven experience handling $100+ million in accounts receivable with a small team of 4-5 members.
• Willingness to travel to TX, LA, MS, KY, and Southern IL quarterly initially.
• Exceptional conflict resolution skills and ability to manage high-stress situations.
• Preferred training/courses from the Association of Credit and Collections Professionals.
• Proficiency in Microsoft Office, Google Suite, and SAP.
• Bachelor's degree or equivalent experience in Business, Accounting, or Finance preferred.
• Strong commitment to health, safety, and environmental policies.
• Adherence to safety protocols and proper use of PPE, including respirators, is mandatory.
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Seniority level
Mid-Senior level -
Employment type
Full-time -
Job function
Finance and Accounting/Auditing -
Industries
Manufacturing
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See who you knowFeatured Benefits
Inferred from the description for this job
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Medical insurance -
Dental insurance -
401(k)
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