1 Job in Dallas, TX
Thomas Edwards Group Inc. is Hiring a Credit Manager Near Dallas, TX
Duties And Responsibilities
- Direct supervision of the Credit Manager Dallas/Fort Worth. Supervision, directly or indirectly, of all credit personnel of the Company in their credit functions.
- Reinforce rules and guidelines of company credit management policies and make suggestions for changes as appropriate.
- Daily monitoring of all customer accounts for credit concerns to include: changes in customer financial status, payment patterns, slow pay, and over limit.
- Place accounts on hold, release orders, and track aged balances to determine course of action needed. Approve customer credit limits that exceed the threshold as set by policy.
- Manage accounts receivable collection work for all customers. Assume primary ownership of collection efforts on very large customers who are past due.
- Interface with sales organization to communicate credit decisions and ensure timely review of new customers. Review credit requests, perform credit investigations, approves or disapproves credit with any related terms, conditions or limits.
- Research and evaluate client creditworthiness; make credit decisions within assigned authority.
- Responsible for credit risk analysis and assessment, credit limit determination; oversee all customer credit restrictions to include: credit limit reductions, order holds and COD terms, in an effort to minimize risk of loss. Meet weekly with CFO to provide customer credit issue updates.
- Manage the Company's credit insurance in all respects, including renewal coverage requests, reports, and filing of claims. Monitor and maintain coverage limits.
- Conduct weekly or bi-weekly conference calls with all Division Managers, Division Credit Managers, and Store Managers to discuss customer credit issues.
- Communicate with other credit managers in the paper merchant industry in a legal manner to share appropriate customer credit information.
- Work closely with the CFO and others to implement and maintain effective customer payment posting procedures.
- Collaborate with Executive management timely and effectively on all significant credit issues.
- Oversee the internal documentation of customer credit documents to include credit applications, references, financial statements, credit reports and pay history.
- Monitor and prepare filings for all customer bankruptcy proceedings. Monitor credit functionality provided by the Company's ERP system.
- 4-year college degree. In lieu of degree, equivalent experience, knowledge and skills is acceptable. Previous working experience managing credit for a $l00M plus Company with multiple locations
- Proficient in Microsoft Office Suite (Word/Excel).
- Ability to prioritize workload and meet tight deadlines.
- Strong attention to detail, analytical, and problem-solving skills.
Job Summary
Full Time
Business Services
$103k-142k (estimate)
08/29/2024
09/26/2024
thomasedwards.com
DALLAS, TX
25 - 50
2001
CLIFF EDWARDS
$5M - $10M
Business Services
Related Companies
About Thomas Edwards Group Inc.
Thomas Edwards is an electrical/electronic manufacturing company based out of 116 Edwards Rd, Freeport, Pennsylvania, United States.
The job skills required for Credit Manager include Accounts Receivable, Credit Policy, Credit Risk, Problem Solving, Financial Statements, Microsoft Office, etc. Having related job skills and expertise will give you an advantage when applying to be a Credit Manager. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Credit Manager. Select any job title you are interested in and start to search job requirements.
If you are interested in becoming a Credit Manager, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Credit Manager for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Credit Manager job description and responsibilities
Alternatively, a credit manager can work for a seller, typically a business-to-business or B2B organization, granting trade credit to buyers.
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They may also be responsible for credit accounting and collections.
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Approve or reject loan requests, based on credibility and potential revenues and losses.
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Follow up with clients to manage debt settlements and loan renewals.
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Collectively, the positions work to explain the bank's financial products, such as loans, lines of credit and credit cards, to banking customers.
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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Credit Manager jobs
Companies that do not provide financing may offer trade credits as a way to promote sales.
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Pursue a bachelor’s degree related to finance.
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Some companies may seek credit manager candidates with previous banking or underwriting experience.
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Policies and procedures lay the ground rules for everything that the credit team does.
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Find a legitimate credit counseling organization.
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Step 3: View the best colleges and universities for Credit Manager.
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