Credit Manager

Credit Manager page is loaded## Credit Managerlocations: West Palm Beach, FLtime type: Full timeposted on: Posted 2 Days Agojob requisition id: JR100105Maschmeyer Concrete Company is seeking a highly skilled and detail-oriented Credit Manager to oversee the credit and collections functions within our organization. The Credit Manager will play a vital role in safeguarding company assets while fostering positive relationships with clients and internal teams.The Credit Manager partners with the Executive Management Team as well as the Sales Managers for each region, in the effort to optimize the revenue collected for the organization by:· Defining terms of credit for new customers· Leading the organization’s efforts to collect accounts receivable in a timely fashion; and· Networking within the Industry and Business community to avert potential collection issues before they occur.**Extending Credit:**. The Credit Manager follows a standard process of determining creditworthiness of potential customers. The process should be thorough and followed on a consistent basis.. The Credit Manager provides recommendations regarding credit extensions to new accounts as well as current accounts expediently and efficiently. If obstacles or concerns exist, the Credit Manager works first with the Sales Professional to bring resolution to the situation immediately then Executive Management if further resolution is necessary.. The Credit Manager uses the company’s criteria of job profitability in making decisions concerning credit extension. For example, higher risk might be tolerated for a particularly profitable project.. All possible avenues to secure receivables for a project or customer are explored and evaluated. For example, the Credit Manager might be uncomfortable with a particular customer but strive to identify project-specific mechanisms to protect receivables.. The Credit Manager sets policies and audits compliance regarding cash sales.**Collection Efforts:**. The Credit Manager is accountable to manage cash from receivables, specifically using the key performance indicator of Days Sales Outstanding to monitor overall credit performance. Each month a goal for collections is set based on previous months’ sales and existing receivables.. The Credit Manager teaches all levels of the organization about the business’ need for consistent credit policies and procedures. The Credit Manager ensures that the organization understands both the definition of Days Sales Outstanding and the current organizational DSO.. The Credit Manager enlists sales support to manage credit by distributing weekly credit balance reports to the sales team. Credit reports should highlight balances by date range (0-30 days, 31-60 days, 61-90 days, and 90+ days).. The Credit Manager leads the organization in collecting past due accounts. Key activities include sending past due letters via email, orchestrating conversations with the Sales Professional responsible for the account, and following legal requirements necessary for securing money (Notice to Owner, bond filings, Liens, etc.). Executive management should be fully appraised of all situations that threaten a customer relationship or expose the company to liability, including but not limited to legal issues and bad debt.. The Credit Manager uses all informational and team member resources available to quickly resolve accounts that are past due.**Networking:** . The Credit Manager participates in credit and industry specific associations as applicable and networks with other credit professionals within the community.**Systems:** IFS, Sysdyne Concrete Go, Command, OnBase, Salesforce, Microsoft 365**Benefits:**401(k) Plan, Health/Dental Insurance, Incentive PlanJob Type: Full-timeBenefits:* 401(k)* 401(k) matching* Dental insurance* Employee assistance program* Health insurance* Life insurance* Opportunities for advancement* Paid sick time* Paid time off* Professional development assistance* Referral program* Vision insuranceWork Location: In person #J-18808-Ljbffr Maschmeyer Concrete Company of Florida, Inc.