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Credit Manager
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$83k-114k (estimate)
Full Time 1 Week Ago
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Building Industry Partners is Hiring a Credit Manager Near Cullman, AL

Southeast Building Supply Interests, a Building Industry Partners portfolio, is seeking a Credit Manager to join the team in Cullman, Alabama.
The Credit Manager will optimize company sales while minimizing bad debt losses. This position is responsible for the entire credit granting process, including the consistent application of a credit policy, periodic credit reviews of existing customers, and the assessment of the credit worthiness of potential customers.
Responsibilities:
  • Maintain the corporate credit policy and recommend changes in the credit policy to senior management as appropriate
  • Create a credit scoring model
  • Manage customer credit files
  • Monitor the credit granting and updating process credit applications
  • Make decisions on customer credit applications
  • Negotiate credit terms with customers as appropriate
  • Personally visit key customers to establish relations
  • Conduct periodic credit reviews of all customer accounts
  • Manage the application of late fees
  • Manage the any corporate financing program
  • Measure department performance with appropriate metrics
  • Maintain knowledge of current credit laws and current credit best practices
  • Manage relations with collection agencies
  • Manage relations with credit reporting agencies
  • Manage relations with credit insurance providers
  • Work closely with outside sales representatives to troubleshoot and solve customer credit issues
Education & Experience:
  • Excellent oral and written communication skills
  • Strong analytical skills
  • Strong interpersonal and negotiation skills
  • Exceptional organizational skills
  • Ability to think strategically
  • Knowledge of all appropriate credit laws
  • Familiarity with credit "best practices"
  • Minimum 5 years of credit experience
  • Bachelor's degree or equivalent industry experience

Job Summary

JOB TYPE

Full Time

SALARY

$83k-114k (estimate)

POST DATE

05/02/2024

EXPIRATION DATE

05/15/2024

WEBSITE

building-ip.com

HEADQUARTERS

Dallas, TX

SIZE

<25

INDUSTRY

Business Services

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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.

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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.

03/21/2022: Petaluma, CA

Approve or reject loan requests, based on credibility and potential revenues and losses.

03/01/2022: Providence, RI

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.

04/13/2022: Orange, CA

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.

02/09/2022: Anaheim, CA

Find a legitimate credit counseling organization.

02/27/2022: Somerset, NJ

Step 3: View the best colleges and universities for Credit Manager.

Florida Southern College
Colby College
Dartmouth College
University of Notre Dame
Western Washington University
Canisius College