Credit Manager

FERGUSON•Roseville, MN

9d•$5,258 - $8,408•Onsite

About The Position

Ferguson is seeking a skilled Credit Manager to oversee credit, collections, and accounts receivable operations. This role is critical in protecting company assets while supporting sales growth and optimizing return on receivables. The Credit Manager manages daily credit and collection activities in alignment with company policy and assigned authority, balancing risk management with customer support to drive profitable growth and minimize exposure. This position is responsible for managing a portfolio of accounts receivable of up to $25,000,000, requiring strong financial judgment and business partnership. This position is based in Roseville, MN, supporting a multi-state territory that includes North Dakota and the Waterworks business segment. Regular overnight travel within the territory is required. Business travel expenses are fully reimbursed.

Requirements

Bachelor’s degree in Finance or related field preferred
Credit, Collections, or Accounts Receivable experience (construction industry preferred)
Strong analytical and decision-making skills with sound business judgment
Excellent communication and relationship-building abilities
Ability to manage priorities and perform effectively in a fast-paced environment
Leadership or team development experience preferred
Sales process understanding
Credit evaluation and portfolio management
Financial Statement Analysis
Collections strategy and execution
Customer and branch relationship management
Secondary security concepts
Uniform Commercial Code (UCC) fundamentals
Enterprise and vendor systems proficiency

Responsibilities

Evaluate and approve credit applications, limits, and account changes based on risk analysis
Monitor customer balances and aging; take action on delinquent accounts
Develop and execute effective collection strategies
Review and manage credit limits and lien rights to protect company interests
Resolve disputes in partnership with sales and customers
Manage bad debt exposure, including recovery efforts and legal escalation when necessary
Ensure compliance with applicable laws and regulations (e.g., UCC, FDCPA, ECOA, liens, bonds, Sarbanes-Oxley)
Partner with sales teams through regular branch interaction and customer visits
Structure credit solutions (e.g., joint check agreements) for project-based accounts
Handle complex, high-risk, or exception accounts beyond standard authority
Lead, coach, and develop credit team members