What are the responsibilities and job description for the Credit Manager position at Metals USA?
Cooksey Steel has an immediate opening for a Credit Manager , The Credit Manager is responsible to assess the creditworthiness of customers, minimize debt loss, increase sales, investigate credit applications, maintains, and ensures corporate credit policy.
Duties and Responsibilities :
- Reviews customer accounts on a regular basis to maintain an appropriate level of risk.
- Manages collection process of delinquent accounts to maintain credit receivable, including and establishing relationship with collection agencies and collection attorneys.
- Resolves disputes with customer base and other departments as they relate to receivable and risk management.
- Analyzes specific credit applications for terms of sale and credit limits.
- Ensures that receivable reports are submitted to the general managers and other sales staff on a regular basis.
- Coordinates with sales force to improve credit quality and cash flow.
- Implements processes to improve cash flow and reduce delinquent receivables.
- Analyzes financial statements of both proposed & existing customers to determine present financial strength, liquidity, debt services coverage and value of collateral.
- Performs ongoing monitoring and analysis of data of borrowers for service compliance. Consults with current & future clients regarding level of credit.
- Controls bad debt exposure and expenses through direct management of credit terms on the company's ledger.
- Sets and changes credit terms as required.
- Sets and ensures compliance with corporate credit policy.
- Implements liens to major delinquent accounts as needed.
- Oversees the negotiation and course of action for delinquent accounts. Pursues legal remedies for non-payers.
- Obtains and maintains a thorough understanding of the financial reporting and general ledger structure.
- Ensures an accurate and timely monthly, quarterly and year end close.
- Collaborates with the Regional Credit & Export Manager, Controller, General Manager and other department leaders to support the overall financial goals and objectives.
- Monitors department work to develop more efficient procedures and use of resources while maintaining a high level of accuracy.
- Advises the Regional Credit & Export Manager, Controller and General Manager of non-routine reporting transactions.
- Responds to inquiries from the Regional Credit & Export Manager, Controller and General Manager regarding financial results and special reporting requests.
- Maintains A / R system records including but not limited to : application of cash receipts, resolution of short payments and billing problems, credit memos, elimination of government payment discrepancies, resolution of bank discrepancies regarding electronic and credit card payments.
- Establishes and maintains accounting principles & controls which verifies the integrity of all systems, processes and data.
- Regular and predictable attendance is required to perform the duties of the Credit Manager effectively.
- Adheres to Reliance Steel and Aluminum's Code of Conduct as well as customer confidentiality requirements.
- Performs other related duties as assigned.
Great Compensation and Benefits Package
Metals USA offers a competitive starting salary and benefits plus upward mobility professional growth.
Metals USA provides equal employment & affirmative action opportunities to applicants and employees without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status or disability.
Metals USA is committed to protecting our employees by creating and maintaining a workplace free of substance abuse.
