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Credit Manager
Foley Equipment Kansas City, MO
Full Time | Wholesale 8 Months Ago
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Foley Equipment is Hiring a Credit Manager Near Kansas City, MO

The Role

For our entire 80 year history, Foley has maintained a steadfast commitment to the safety and wellbeing of everyone – employees, customers, the communities we serve and our nation. Get started with your new career at Foley and you’ll find yourself surrounded by people that are engaged in their work, enjoy what they do and are readily recognized for their contributions.

As a Credit Manager, you will be responsible for overall management of the credit department. Control accounts receivables, perform credit underwriting, establish bad debt reserves, manage customer relationships, collaborate with internal customers, manage credit risk for the Company, and administer credit policies and standards.

What you will do in this job:

  •  Expect and encourage high performance from the credit department by managing and developing employees and department goals and processes
  • Manage Accounts Receivable Aging to maximize profitability and minimize bad debt expense
  • Maintain the corporate credit policy and recommend changes in the credit policy to senior management
  • Monitor credit risk including managing and reviewing appropriate size of customers’ lines of credit, maintaining customer credit files and adherence to credit policies
  • Manage larger past-due accounts and situations which require using legal resources.
  • Oversee lien waiver requests
  • Foster continual process improvement and quality reviews to improve efficiencies and productivity
  • Foster good relationships with sales teams, legal resources, insurance providers, credit reporting agencies, and collections agencies

Our Ideal Candidate

  • Bachelor’s degree in Accounting, Finance, Economics, Business, or related field is required
  • Minimum of five years prior credit, collections and/or accounting experience
  • Proven work experience as a Credit Manager, Credit Underwriter, Collector and/or Accounting
  • Strong computer skills including proficiency with using Microsoft Office Products
  • Strong understanding of credit and collections processes and the ability to generate financial and accounting reports
  • Excellent customer relations, communication, and organizational skills
  • Ability to positively motivate, manage, and develop a high performing team

What will put you ahead:

  • Previous management experience and MBA preferred
  • Experience with positions requiring multiple priorities
  • Ability to organize the work of self and others
  • Industry experience
  • Ability to grasp and understand all pertinent company computer systems with training

Who We Are

Foley Industries - Foley Equipment, Foley Power Solutions, Foley Rental and SITECH Central – enters its ninth decade of empowering progress for customers in Kansas and Western Missouri. Foley’s 1,000 employees strive every day to safely deliver excellence in service, parts, rental and sales across a broad line of Caterpillar and allied construction equipment, power generation, as well as SITECH construction technology solutions. For more information, please visit www.FoleyEq.com

What we can offer you:

  • Competitive pay
  • 401(k) with matching
  • Full insurance benefits
  • Holiday, PTO, Parental Leave
  • Casual dress attire
  • Family owned company where you’re more than just another employee

Foley Industries, Inc. is an Equal Opportunity Employer – Race/Gender/Veteran/Disabled/Sexual Orientation/Gender Identity. To request a reasonable accommodation or assistance in completing the application, call 316-943-4211 or email careers@foleyeq.com.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Wholesale

POST DATE

08/03/2022

EXPIRATION DATE

12/08/2022

WEBSITE

foleyeq.com

HEADQUARTERS

SAINT JOSEPH, MO

SIZE

50 - 100

FOUNDED

1940

CEO

LARRY BAHR

REVENUE

$5M - $10M

INDUSTRY

Wholesale

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About Foley Equipment

Foley Equipment is more than just another place to work. As a 3rd generation, family-owned company where youre more than just another employee, our passion for our people is evident in everything we do. Whether you want to work with construction machinery, engine, rental, power generation, trucks, machine technology, navigation or in the office, we have the career opportunity for you! Were a diverse company dedicated to empowering progress. We are widely recognized for quality, value and a commitment to excellence. This comes from our focus on people, our dedication to our customers and our un...wavering commitment to our values across our 15 locations in Kansas and western Missouri. The Foley Industries group of companies includes products and services in construction, engine, rental, power generation, trucks, machine technology and navigation. And the career opportunities are just as broad and include shop and field service technicians, finance and accounting professionals, inside and outside sales, sales and service coordinators, drivers, administration and management. You'll Like The Place...And The Pay. Foley employees are part of a nearly 80 year heritage, delivering an ever-increasing, broad range of products and services. At Foley, we foster a culture that attracts the very best, so we deliver the very best. Youll find yourself surrounded by people that are engaged in their work, enjoy what they do and are readily recognized for their contributions. Benefits Include: - Industry-leading pay - Full insurance benefits - 401(k) retirement plan with matching - Tool reimbursement program - Uniforms & cleaning services - Holiday, PTO, and Parental Leave Foley Industries, Inc. is an Equal Opportunity Employer - Race/Gender/Veteran/Disabled/Sexual Orientation/Gender Identity. For more information, click here. To request a reasonable accommodation or assistance in completing the application, call 316-529-5810 or email mlsmith@foleyeq.com. More
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The following is the career advancement route for Credit Manager positions, which can be used as a reference in future career path planning. As a Credit Manager, it can be promoted into senior positions as a Top Consumer Credit Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Credit Manager. You can explore the career advancement for a Credit Manager below and select your interested title to get hiring information.

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.

03/18/2022: Spokane, WA

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.

04/17/2022: Las Vegas, NV

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.

04/03/2022: Modesto, CA

Pursue a bachelor’s degree related to finance.

02/21/2022: Des Moines, IA

Some companies may seek credit manager candidates with previous banking or underwriting experience.

01/21/2022: Allentown, PA

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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