What are the responsibilities and job description for the Credit Manager position at Extech Building Materials?
Role and Responsibilities
1. Credit Risk Assessment:
a. Evaluate the creditworthiness of potential customers, including assessing financial statements, credit reports, and payment histories.
b. Establish and maintain customer credit limits based on risk analysis and industry trends.
c. Monitor and assess existing customer credit risks and adjust limits as needed.
2. Credit Policies and Procedures:
a. Enforce company credit policies and procedures, ensuring they align with organizational goals and minimize financial risk.
b. Collaborate with sales teams to ensure alignment on customer expectations and capture profitable sales.
3. Customer Relationship Management:
a. Foster strong relationships with customers to resolve credit-related issues and ensure timely payments.
b. 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 and Education Requirements
- 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.
Preferred Skills
- 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
Job Type: Full-time
Pay: $70,000.00 - $90,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- AD&D insurance
- Dental insurance
- Disability insurance
- Flexible spending account
- Health insurance
- Life insurance
- Opportunities for advancement
- Paid sick time
- Paid time off
- Retirement plan
- Vision insurance
Schedule:
- 8 hour shift
- Day shift
- Holidays
- Monday to Friday
- Weekends as needed
Experience:
- Accounting: 3 years (Preferred)
- Microsoft Excel: 3 years (Preferred)
Ability to Commute:
- East Rutherford, NJ 07073 (Required)
Ability to Relocate:
- East Rutherford, NJ 07073: Relocate before starting work (Required)
Work Location: In person
Salary : $70,000 - $90,000