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.