Credit Manager - Decatur, IL

Archer Daniels Midland • Decatur, IL

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About The Position

This is an exempt level position. Position Summary: ADM has an opportunity for a credit professional to assume the role of Credit Manager. The selected candidate will work to continuously improve ADM’s ongoing business credit processes, manage the assigned day-to-day credit functions, and support credit systems and other special projects. The Credit Manager will manage the accounts receivable of a select portfolio within North America by building a collaborative relationship with the sales organization and its key customers, while focusing on risk-management, Key Performance Indicators (KPIs) and driving process improvements throughout the organization. This position reports to the Director of Credit, NA and is an integral part of a cohesive and innovative leadership team.

Requirements

• BA/BS; preferably in finance, accounting, business administration, or a related field
• Advanced knowledge of Microsoft Office (Excel, PowerPoint, etc.) and database systems.
• Strong familiarity and skills sets with review and analysis of large volumes of data and financial statements.
• Strong problem solving and analytical skills. Ability to clearly develop a problem statement, identify the root cause, and think creatively toward potential solutions.
• Comfortable making quick/calculated decisions
• Demonstrated ability to work collaboratively across an organization and provide excellent leadership, operational, and interpersonal skills.
• Motivation to be innovative with a continuous improvement mindset, and act as a change agent, all while focusing on internal control and risk-management
• Ability to meet deadlines with strong attention to details.
• Ability to effectively communicate (written & verbal) and cross-train.

Responsibilities

• Monitor and complete periodic credit reviews, including financial analysis and credit risk scoring.
• Managing credit risk across varying economic cycles.
• Manage credit reviews for customer on-boarding process.
• Approve the use of specific payment terms to effectively manage portfolio DSO.
• Decision accountability regarding the extension of credit within the assigned delegated authority framework.
• Collaborate with the collections department to escalate collections of past due accounts receivable, as needed, to achieve company KPIs.
• Participate in the creation of credit & collection strategies to mitigate risk and enhance the organization’s competitive position.
• Enforce order holds as required to effectively manage customer exposure levels, collections and risk.
• Collaborate with the commercial teams and Senior Management, across the organization, to support sales growth while mitigating credit risks.
• Anticipate and/or recognize internal and external factors that may impact organizational performance in a dynamic market, business, and economic environment.
• Support credit systems, dashboard and other systems infrastructure in collaboration with Credit Leadership and Global Technology that includes system improvements, user acceptance testing (UAT), cross-training and other related support.
• Ad hoc projects that need leadership and/or support from a credit & AR perspective.

Benefits

• Physical wellness – medical/Rx, dental, vision and on-site wellness center access or gym reimbursement (as applicable).
• Financial wellness – flexible spending accounts, health savings account, 401(k) with matching contributions and cash balance plan, discounted employee stock purchasing program, life insurance, disability, workers’ compensation, legal assistance, identity theft protection.
• Mental and social wellness – Employee Assistance Program (EAP), Employee Resource Groups (ERGs) and Colleague Giving Programs (ADM Cares).
• Paid time off including paid holidays.
• Adoption assistance and paid maternity and parental leave.
• Tuition assistance.
• Company-sponsored training and development resources, such as LinkedIn Learning, language training and mentoring programs.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Number of Employees: 5,001-10,000 employees