What are the responsibilities and job description for the Credit Manager position at Madison Electric?
Are you a strategic thinker with a passion for credit management and customer service? Madison Electric is seeking a Credit Manager to support our sales efforts by extending credit in ways that maximize profitability while minimizing risk. This is a high-impact role where your expertise in credit analysis, financial reporting, and customer relations will help drive business success.
What You’ll Do
- Lead the credit department with clear guidelines and training on credit extension.
- Approve credit limits and manage special credit arrangements.
- Analyze financial statements of high-risk customers and present findings to senior leadership.
- Develop relationships with third-party credit agencies and legal partners.
- Create and present reports on account activity, aging analysis, and bad debt reserves.
- Assist with technology implementation and credit system improvements.
What We’re Looking For
- 5 years of progressive credit management experience.
- College degree or equivalent work experience.
- Strong knowledge of construction lien and bond laws.
- Advanced Microsoft Excel skills; PowerPoint proficiency preferred.
- Excellent communication, analytical, and customer service skills.
- Ability to work independently and collaboratively across departments.
Preferred Qualifications
- Experience in distribution, supply chain, or commercial construction.
- ERP system experience (Eclipse preferred).
- Professional certification (NACM, CBF).
- Degree in accounting, finance, or business.