Assistant Credit Manager - Full-time

About the Company and Opportunity:

• Our client has served as a leading industrial distribution expert since.


• This well-established firm has been in business for many years and has been growing ever since.


• Why work here:
  
  
  
  • Competitive salary and comprehensive benefits plan.
  
  
  • Flexible schedule.
  
  
  • Supportive management team that wants to help you grow and succeed within the company.
  
  
  • Work-life balance.
  
  
  
  

Overview of the Assistant Credit Manager role:

• Monitor performance related to credit and accounts receivable management and apply appropriate measures to ensure timely collections and drive best practices


• Tracks team performance against metrics such as DSO, provide support analysis of fluctuations in metrics, portfolio aging, and accounts receivable balances


• Identify collection and order validations needing escalation and proactively address issues (past due items, credit limit exceeded, master data issue, etc.), by driving discussions with the customer, operations and/or sales teams


• Monitor customer credit lines, collections and account balances to ensure compliance of established credit limits, payment terms and minimize credit exposure


• Intervenes with customer negotiations to maximize collection of severely aged balances and reduction of bad debt exposure


• Review and recommend bad debt write-off amount to account for AFDA reserve


• Extend credit to customers within designated limit of authority and approve credit inquiries


• Identify delinquency drivers and facilitates action plans to drive end to end resolution

Preferred Qualifications for the Assistant Credit Manager role:

• Degree in Accounting/Finance or related degree strongly preferred


• Minimum 3+ years of related experience required, including credit and collection management experience in a large public and/or global company with a track record of steadily increasing responsibility, accountability and leadership


• Detailed experience with summary, consignment and ERS invoicing with emphasis on supply chain customer payment processes


• 3 - 5 years' experience with electronic billing (ADP, Oildex, EDI)


• Advanced Excel skills (VLOOKUP/pivot tables/power queries)