What are the responsibilities and job description for the Credit Manager position at Steel Dynamics?
Division
Aluminum DynamicsOverview
As Credit Manager, the individual will be responsible for supervising the accounts receivable/credit department, including analyzing credit quality of new and existing customers, recommending and approving credit line amounts and changes, collecting and analyzing customer information regarding income, assets, investments and debt, setting up new accounts, invoicing of shipments, reviewing and processing claims, maintaining compliance with internal audit, and accounting to address and resolve issues.
Responsibilities
- Conduct periodic evaluations of existing customer accounts as well as new accounts, and make new recommendations on credit limit adjustments accordingly
- Conduct due diligence with customers as required
- Serve as the primary contact in supporting the sales team in all credit matters and ensure compliance with all credit policies
- Provide credit analysis as needed to the ADL management team
- Actively participate in the National Association of Credit Management (NACM)
- Initiate process improvement and quality reviews to simplify and improve productivity throughout the Credit/Invoicing/Accounts Receivable/Collection cycles
- Oversee and/or perform daily invoicing, cash collection, and claim processes
- Perform monthly or quarterly account and pricing reconciliations with various customers
- Perform month-end responsibilities, including recording and approving journal entries, analyzing and reviewing the accounts receivable aging report, ensuring proper cut-off for revenue recognition, and providing required reports to management
Qualifications
Required
- Bachelors degree in accounting, finance or related field
- Proven work experience as a Credit Manager, Credit Analyst or similar role
- Excellent analytical skills, with the ability to create and process financial information
- Strong negotiation skills
- Solid understanding of credit, collection, and bankruptcy laws
- Ability to travel as needed to attend NACM meetings and visit customers
Steel Dynamics, Inc., and all affiliated entities are equal opportunity employers.
