What are the responsibilities and job description for the Credit Manager position at Extech Building Materials?
Job Details
Job Location: Long Island City - Long Island City, NY
Position Type: Full Time
Education Level: 2 Year Degree
Salary Range: Undisclosed
Travel Percentage: Up to 25%
Job Shift: Day
Description
1. Credit Risk Assessment:
- Evaluate the creditworthiness of potential customers, including assessing financial statements, credit reports, and payment histories.
- Establish and maintain customer credit limits based on risk analysis and industry trends.
- Monitor and assess existing customer credit risks and adjust limits as needed.
2. Credit Policies and Procedures:
- Enforce company credit policies and procedures, ensuring they align with organizational goals and minimize financial risk.
- Collaborate with sales teams to ensure alignment on customer expectations and capture profitable sales.
3. Customer Relationship Management:
- Foster strong relationships with customers to resolve credit-related issues and ensure timely payments.
- Work closely with the sales and customer service teams to identify potential credit concerns early and address them proactively.
4. Accounts Receivable Management:
a. Manage accounts receivable portfolio, ensuring that outstanding invoices are collected promptly and effectively to reduce bad debt.
Qualifications
- At least 5 years of experience in credit management, ideally within the building materials or construction industry.
- Understanding of financial statements, credit risk assessment, and industry-specific regulations including local lien and bond laws.
- Proven experience in managing accounts receivable and collections.
- Excellent communication and negotiation skills, with the ability to work effectively with customers and internal teams.
- Proficiency in Microsoft Office (Excel, Word, PowerPoint) and familiarity with credit management software.
- Strong analytical and problem-solving skills.
- Basic accounting knowledge
