Irex Corporation is one of the largest specialty contracting organizations in the United States and is a recognized leader in its field. We have over 1,700 employees and 35 branches all of which are committed to exceeding expectations with an unwavering philosophy that quality, productivity, and safety are inseparable components to any job well done.
The credit manager position is accountable 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 creditworthiness of potential customers, with the goal of supporting subsidiary companies sales growth and profitability by optimizing the mix of company sales and bad debt losses. This position provides leadership and direction to credit and collection staff members.
Essential Duties and Responsibilities:
Develop the credit and collections department organization through departmental and individual goal-setting, evaluations, training, and on-going coaching.
Monitor and analyze department workflow to ensure efficiency in procedural applications and use of resources while maintaining accuracy.
Ensure appropriate customer risk assessment procedures are established, communicated and utilized by department and field personnel.
Manage cash application ensuring appropriate procedures and controls are implemented and utilized.
Monitor and measure receivable performance and report on deviations from credit standards.
Interpret and communicate corporate credit policies and procedures to support the sales function as well as direct reports. Update policy as corporate standards evolve.
Review write-offs, policy adjustments as appropriate and audit customer accounts for compliance.
Make recommendations to improve quality of invoicing and collection procedures.
Provide leadership in maximizing collections and promoting the integrity of the accounts receivable portfolio.
Develop and maintain collaborative relationships with all levels of field and office personnel.
Investigate methods of improving the capabilities of the department through changes in structure, technology or methodology.
Assist with the handling of legal actions, bankruptcies, and negotiations related to collection issues and contract language.
Support external auditors with schedule and documentation requirements for annual audit.
Support management with special projects as needed.
Travel to branch and customer locations, as needed (up to 20% of the time)
Other duties as assigned.
Bachelor’s degree from a four-year college or university
3-5 years of broad-based credit and collections experience in a supervisory role
Strong mentoring and staff development skills
Strong organizational, verbal and written communication skills
High level of professionalism and experience working independently
Strong negotiation skills with ability to defend position in collaborative manner
Attention to detail and ability to multi-task, work under pressure and meet deadlines
Intermediate level skills and experience using Microsoft Office Products and an ERP System
Basic understanding of accounting theory and principles with the ability to analyze financial statements
As the advocate for business credit and financial management professionals NACM and its network of Partners take great pride in being the primary learning, knowledge, networking and information resource for commercial creditors nationwide.