Credit Manager
Middleton, MA, US, 01949
ABOUT THE ROLE
The Credit Manager will ensure robust processes around customer billing and collection activities and partner with business resources to ensure on time accurate customer communication, collection strategies and securing the company’s assets and rights. In addition, the position will ensure compliance with company guidelines and metrics.
WHAT YOU'LL BE DOING
- Establish Billing and Credit processes for consistency across regions. Inform Management of significant Billing or Credit issues.
- Responsible for the analysis of financial information on new and existing customers to maximize sales and to limit the risk of bad debt loss. Review and evaluate credit applications for approval, establishing credit limits and risk categories. Establish credit limits for customers and monitor orders released by staff.
- If required, approve over credit limit to existing customers after conducting analysis to ensure that company exposure is minimized. Oversee the review and process of customer requests for credit, cash application, aging of accounts and collection procedures. Manage the Credit Hold System, prepare and send reports on a timely basis, monitor input from Sales Team.
- Review discrepancies and reports to assure prompt resolutions. Approve Sales Tax credits and coordinate management of sales tax exemption documents. Develop collections procedures to reduce days sales outstanding, past due percentages and improve cash flow.
- Report on regional Cash Projections. Preserve lien and bond rights on all accounts that present risk of loss. Ensure the prompt turnover of accounts receivable and minimizes the days sales outstanding (DSO) as well as bad debt loss. Interfaces with customers and senior management.
- Establish credit review procedures to conduct credit investigations through contacting credit organizations, banks and other trade references/reports.
- Prepare Bad Debt Reserve Analysis and accrual recommendation and review with Regional Controller and CFO, US ACM.
- Approve write off of delinquent debt and monitor the billing process. Manage the credit collections and cash on delivery (COD) processes. Prepare State Sales Tax Audit reports and internal audit reports.
- Prepare annual budget for cash flow and DSO.
- Lead process improvement and standardization efforts across the Region.
- Demonstrate a commitment to communicating, improving and adhering to health, safety and
environmental policies in all work environments and areas. Promote a culture of safety and exhibit these
behaviors.
WHAT WE’RE LOOKING FOR
Education: Bachelors degree
Additional Education Preferred: Masters degree
Field of Study Preferred: Business, Accounting or Finance
Required Work Experience: 7 years related experience
Required Training/Certifications: Association of Credit and Collections Professionals Training/Courses
preferred.
Required Technical Skills: Microsoft Office, Google Suite, SAP
Additional Requirements:
- Proven leadership, project management and analytical skills
- Strong technical skills
- Excellent written and verbal communication, problem solving and organizational skills
- Ability to analyze business conditions and build partnerships across functions
- Ability to be responsive and persuasive at all levels of the organization
- Effective communication and analytical skills
- Strong organizational skills and ability to manage
- Strong customer focus and sense of urgency to business needs
- Successful candidates must adhere to all safety protocols and proper use of Amrize approved Personal Protection Equipment ("PPE"), including but not limited to respirators. Subject to applicable law, employees that are required to wear respirators must be clean shaven where the respirator seal meets the face to pass the qualitative and quantitative fit tests.
WHAT WE OFFER
- Competitive salary
- Retirement Savings: Choose from 401(k) pre-tax and/or Roth after-tax savings
- Medical, Dental, Disability and Life Insurance
- Holistic Health & Well-being programs
- Health Savings Accounts (HSAs) & Flexible Spending Accounts (FSAs) for health and dependent care
- Vision and other Voluntary benefits and discounts
- Paid time off & paid holidays
- Paid Parental Leave (maternity & paternity)
- Educational Assistance Program
- Dress for your day
Nearest Major Market: Boston