Assistant Credit Manager

Indel Power Group

Portsmouth, VA

$60,000

Indel Power Group has an opening for an Assistant Credit Manager our corporate office in Portsmouth, Virginia. This individual should be organized with the ability to multi-task and possess good customer and communication skills. Joining the credit team will provide you with a rewarding work environment, excellent pay and benefits.

Key Responsibilities

Credit Analysis

• Review new credit applications and supporting documentation to assess customer creditworthiness based on financial statements, credit reports, and payment history.
• Assign appropriate credit limits to new and existing customers based on risk assessment.
• Monitor customer account activity, including payment patterns and outstanding balances, to identify potential credit issues.
  
  

Collections Management

• Contact customers with overdue accounts to initiate collections efforts, including phone calls, emails, and letters.
• Work with the collections team to resolve outstanding debt and minimize bad debt losses.
• Negotiate payment plans with customers experiencing financial difficulties.
  
  

Reporting And Data Analysis

• Generate regular reports on credit metrics such as aging receivables, bad debt percentages, and credit utilization.
• Analyze credit data to identify trends and potential areas of risk.
• Prepare presentations for management regarding credit performance and risk mitigation strategies.
  
  

Compliance And Policy Adherence

• Ensure adherence to company credit policies and procedures when evaluating credit applications and managing customer accounts.
• Stay updated on industry regulations and credit reporting guidelines.
  
  

Customer Interaction

• Respond to customer inquiries regarding credit terms and account status.
• Collaborate with sales teams to address credit concerns and facilitate new customer onboarding.
  
  

Required Skills And Qualifications

• Strong analytical skills with proficiency in financial statement analysis and credit reporting
• Excellent communication and negotiation skills to manage customer interactions during collections
• Detail-oriented with the ability to manage multiple tasks and prioritize effectively
• Proficient in Microsoft Office Suite, especially Excel, for data analysis and reporting
  
  

Why Indel Power Group

• Competitive compensation package, DOE
• Rewarding work environment
• Opportunities for relocation & advancement
• Long established, family-owned business
  
  

Indel Power Group offers

• Excellent medical, dental, & vision coverage
• Health savings account
• Short-term/long-term disability and employee life insurance
• 401k, with matching
• Employee Assistance Program (EAP)
• Paid Annual Leave
• Eight Paid Holidays
• Employee Referral Program
• On the job paid training
• Company events and employee recognition programs
  
  

Indel Power Group is an Equal Opportunity Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status.