Corporate Credit Manager

Olympic Steel • Bedford, OH

1d

About The Position

The Credit Manager manages the credit function for a defined division/region of the company. This position is responsible for executing credit, collections, and accounts receivable policies and procedures, as well as managing the activities of the credit staff in a defined division/region of the company.

Requirements

• Bachelor’s Degree in related field
• 3+ years of commercial credit experience
• NACM Member
• Ability to participate in preventative actions where appropriate, conduct corrective actions and perform problem solving analysis and reporting as required
• Skilled at Microsoft Office Applications
• Skilled at interpersonal, verbal and written communication
• Ability to observe and comply with all safety, environmental, regulatory, and statutory requirements

Responsibilities

• Reviews collection reports to ascertain status of collections and balances outstanding and to evaluate effectiveness of current collections policies and procedures
• Researches and investigates billing issues for corrective action
• Prepares management reports and maintains credit files to meet “Due Diligence” requirements
• Extends credit to customers in accordance with the established company policy and terms
• Analyzes requests for credit to ascertain what information and security will be required to arrive at a sound decision
• Establishes credit lines for individual accounts and makes all credit arrangements
• Handles credit beyond subordinates’ authority, major accounts requiring individual attention, marginal accounts, problem accounts, special credit arrangements, and deviations from standard
• Works with quality control to provide explanations for denial of rejected material to customers
• Maintains credit records to monitor credit lines
• Establishes/Maintains credit limitations on customer accounts within acceptable standards
• Audits delinquent and “uncollectible” accounts, ensuring efforts have been taken before assigning bad debt status to account
• Classifies accounts according to credit risks and contacts customers for payment
• Audits customers’ accounts to ensure proper application of funds
• Maintains database of customers’ information, updating limits and records every 18 months
• Meets with customers to improve credit relationships and obtain financial information
• Handles credit inquires and correspondence
• Follows closely the course of aging accounts and determines action to be taken on delinquent accounts

Benefits

• Medical, dental, and vision benefits
• Paid holidays and vacation
• 401(k) with employer match
• Tuition reimbursement & Employee Discount Programs
• Referral program

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level