Area Credit Manager

Area Credit Manager As an Area Credit Manager, you will administer the daily credit and collection management duties of the credit department within the guidelines set forth in the company credit policy manual consistent with the various approval limits assigned to each credit manager. The execution of this task must be accomplished in the manner which is both sales supportive, minimizes credit losses and maximizes return on accounts receivable investment. Responsibilities Shared credit operation managing the A/R for Industrial customer groups in Georgia to Louisiana up to Tennessee Oversee a credit team of 1+ direct reports managing $70M+ in active Accounts Receivable Facilitate and manage in-market relationships with district leadership within Waterworks, Industrial, and other customer groups Regular customer visitation and active engagement within the Houston market will be required Conduct credit investigations on existing and potential customers to extend or raise credit limit Review credit information obtained, evaluate the credit risk and approve or decline credit accounts Monitor monthly balances of customers Follow closely the course of aging accounts and determine action to be taken on delinquent accounts Plan and maintain a program for the systematic follow-up and collection of receivables Review and manage credit limits daily Review lien filing report daily to protect and enforce bond and lien rights Follow up on disputes in a timely manner and work with salespeople or customers to resolve Facilitate bad debt recovery by monitoring potential write-offs and collecting on previous write-offs, and taking legal action when necessary Obtain and maintain a working knowledge of all local, state, and federal laws and regulations pertaining to the management and collection of accounts receivable including but not limited to: Anti-Trust, Liens, Bonds Fair Debt Collection Act, Equal Credit Opportunity Act, Record Retention, Sarbanes‑Oxley, and the Uniform Commercial Code Work with customers in the branch and visit them onsite regularly, either with salespeople or alone Extend credit to customers in accordance with established company policies and terms in a timely manner Personally handle major accounts requiring individual attention, marginal accounts, problem accounts, special credit arrangements, and deviations from standards Provide direction and guidance to less experienced team members Perform other duties and functions as requested by management Qualifications Bachelor’s Degree in the Finance field preferred 3+ yrs Credit Management Experience preferred Experience in Credit, Collections, and/or Accounts Receivables in the wholesale distribution industry Self-confident, strong communication skills and inquisitive Good judgment, problem solving skills and ability to see the "big picture" Handle stress, manage time and people and analyze numbers Desire and ability to serve customers Benefits At Ferguson, we care for each other. We value our well-being just as much as our hard work. We are committed to a holistic approach toward benefits plans and programs that support the mental, physical and financial well-being of our associates. Our competitive offering includes benefits like health, dental, vision, paid time off, life insurance and a 401(k) with a company match, as well as additional meaningful and inclusive enhancements that are adaptable to diverse situations and needs, including mental health coverage, gender affirming and family building benefits, paid parental leave, associate discounts, community involvement opportunities and more. Pay Range $6,858.34 - $10,975.00 (Monthly for Salaried roles; hourly for all other roles). This role is bonus or incentive plan eligible. Ferguson complies with all wage regulations. The starting wage may be higher in certain locations based on local or state wage requirements. Equal Opportunity Employer: Ferguson Enterprises, LLC. is an equal employment opportunity employer F/M/Disability/Vet/Sexual Orientation/Gender Identity. We provide Equal Employment Opportunity and Reasonable Accommodation information. The Company complies with 41 CFR 60-300.5(a) and 41 CFR 60-741.5(A). #J-18808-Ljbffr Ferguson