What are the responsibilities and job description for the Credit Manager position at Pace Transportation Services?
Description
Position at Pace Transportation Services
Job Overview
We are seeking an experienced and detail-oriented Credit Manager to join our finance team. In this role, you will be responsible for managing the credit policies and procedures of the organization, ensuring that credit risks are effectively assessed and mitigated. The ideal candidate will possess strong analytical skills, a deep understanding of credit management, and the ability to make informed decisions to support business objectives.
Responsibilities and Duties
- Evaluate the creditworthiness of new and existing customers through credit reports, financial statements, and risk assessments.
- Establish credit limits and terms based on comprehensive analysis.
- Develop, implement, and maintain credit policies and procedures to minimize risk and optimize cash flow.
- Ensure compliance with company policies, legal requirements, and industry standards.
- Monitor customer accounts and payment behavior, addressing any issues or discrepancies promptly.
- Collaborate with sales and customer service teams to resolve credit-related inquiries and disputes.
- Oversee the collections process, ensuring timely follow-up on overdue accounts and minimizing bad debt.
- Implement collection strategies and negotiate payment arrangements with customers as needed.
- Prepare regular reports on credit risk exposure, aging accounts, and collection performance.
- Analyze trends and provide insights to senior management for decision-making.
- Foster a collaborative environment to support the achievement of departmental goals.
- Identify opportunities for process improvements in credit management and collections.
- Stay updated on industry trends and credit risk management practices.
Skills and Qualifications
Physical Requirements (Office Environment) :
Why Work With us?
Why work for HTI?
Pace Transportation Services is a division of Hinton Transportation Investments, Inc. (HTI). HTI is an industry leader in the heavy-duty truck and trailer parts sales. The organization has over 30 locations nationwide and globally. HTI prides itself on internal upward mobility - leading to more opportunities for YOU!
HTI is an Equal Opportunity Employer.