What are the responsibilities and job description for the Credit Manager position at Electrical Equipment Company?
Credit Manager- Raleigh, NC
Who we are and why we are successful
Electrical Equipment Company (EECO) is not your average industrial full-line electrical distributor. We are a passionate, customer-centered service organization dedicated to building a better tomorrow by serving the manufacturing plants, machine builders, and construction teams that strengthen our communities.
We are committed to placing people and their ideas before products to solving problems and to helping our community realize its full potential. To achieve this, we are looking for talented people who want to make a positive impact.
Description
We are looking for a motivated and detail orientated Credit Manager to work independently and collaboratively with our Corporate Credit Manager to oversee our company's credit and collections processes. The Credit Manager will play a key role in enforcing sound credit and collection policies. Ultimately, the Credit Manager will assist in minimizing any bad debts and increasing revenue.
Duties
- Proactively manage the collections of outstanding invoices for assigned account
- Ensure customer payments are made in accordance with agreed upon payment terms
- Communicate effectively with both internal and external customers
- Identify problem invoices for dispute, conduct research, and take the needed steps to resolve them
- Closely monitor problem accounts to prevent bad debt
- Approve or reject Credit applications, based on credibility and potential revenues and losses
- Ensure proper account set ups
- Research and evaluate existing accounts for credit increases
- Review contractor accounts to ensure required project information is complete.
- Participate in branch and customer visits as needed.
- Attend designated NACM electrical group credit meetings
- Adhere to departmental policies and procedures.
Requirements
- Proven work experience in a Credit and Collections environment
- Capable of working both independently and as part of a team
- Desire and willingness to grow professionally
- Understanding of collections and credit policies
- Understanding of liens and bonds is a plus
- Experience working in an ERP System (experience with Epicor, Prophet 21 is a plus)
- Excellent analytical skills, with proficiency in spreadsheets (e.g. in Excel)
- Experience in Microsoft Word
EECO offers a competitive compensation and benefit program. We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.
