Credit Manager
Location: Bay Minette, Alabama
Description: Quincy Compressor is currently seeking to employ Credit Manager right now, this career will be designated in Alabama. For detail informations about this career opportunity kindly read the description below. Description/Job Summary
Basic Function
Responsible for the overall management of the Credit Department which includes, developing and improving operational goals & results of the departmen! t, including training, and development of a competent & proficient team. Supporting the Operational teams in maximizing revenues, while minimizing the companies risk of default.
Principle Duties
Directs the formulation, development and implementation of constructive, pro-active and progressive credit policies and procedures. Interprets policies and ensures adherence both in practice & spirit. Work Closely with the Regional and operational teams to ensure maximum sales with minimum credit risk Establish the Credit Department s short and long range objectives, goals and plans to maximize cashflow and working capital. Reviews all proposed marketing programs and initiatives that entail non-standard terms of sale, terms discounts or that otherwise impact the quality or collectability / risk factor of our accounts receivable. Analysis includes but is not restricted to the impact on cost of money, incremental accounts receivable exposure, number days of sale outstanding an! d eventual collectability of the resultant receivable. Provide! s constructive feedback and analysis to marketing and sales on the status of special marketing / sales promotions during the collection cycle. Responsible for In-house financing coordination, Including but not limited to review, administration and conduit between Financing house, customer and our overall risk portfolio. Complete monthly and quarterly reporting to the Business Controller as well as any other internal and external reporting requirements. Responsible for determining terms of payment for new accounts. Assist in establishing any new payment policy Yearly review and analyze all customers requiring credit limits. Make recommendations to the Controller, or higher, for approval in accordance with the AR/Credit Policies and Procedures. Ensure all audits are passed without any internal issues relating to collections Policies, procedures, methods, bad debt provisions and best practice Develops and prepares comprehensive weekly, monthly, quarterly and annual reports for! management on the status and viability of our accounts receivable portfolio including commentary on trends, concerns and recommendations for future actions. Calculate and recommend adequate reserves against potentially uncollectible receivables. Monthly review, report and propose any necessary changes in reserves to the business for delinquent accounts based on Quincy s policy. Motivate and retain quality personnel by providing clear expectations and goals, ensuring department members have sufficient training to perform responsibilities, and providing morale feedback and recognition. Complete all appraisals within The Quincy time scope and guidelines. Consult with in-house Legal Department, outside attorneys and 3rd party collection services in developing legal steps required to minimize credit risk and effect successful collections. Continually monitor 3rd party vendors to maintain maximum benefits with minimal expense. Represent Quincy, maintain contact and participate w! ith credit trade associations, banks and credit reporting services. Kee! p abreast of industry trends, credit and cash policies and portfolio s, in addition to changes in law and technology related to the credit profession. Continually seek out, evaluate and recommend for development and implementation, any new procedures, systems or technology that can improve productivity and enhance and improve our processes and customer satisfaction. Work with IT to continually tweak and improve both current ERP (BPCS) and peripheral software/applications processes. Manage staff to include cash application, customer master, credit, and collections. Develop and report on metrics for effectiveness of collection team and cash application accuracy. Assist in any escalated items that may occur within the department. Counsel and provide training on credit related matters such as financial analysis, cost control and collection techniques to immediate staff, other departments, including sales and marketing, within Quincy. Build and maintain strong relationship with ! Quincy operations team and assist them in
reaching Quincy s sales goals. Provide the reporting tools and other information that provides them with an up to date AR status on their customers.
Qualifications and Educational Requirements
Bachelor s degree in Finance, Accounting, or related Business Field required. Graduate degree preferred.
Three to five years experience in Credit Management, Finance, or related operation for sales & service in a business to Business relationship.
Requires good knowledge of commercial law, bankruptcy code and financing instruments.
Good understanding of accounting principles, practices and financial statement analysis.
Tact, common sense and ability to make and stick to sound business decisions
Excellent people skills for building strong relationships with internal & external customers and colleagues.
Professional Traits Trust, integrity and consistent behaviour
Supervisory or leadership experience ! required.
Strong financial knowledge and business know-how.
MAY! BE REQUIRED TO PERFORM OTHER DUTIES AS REQUESTED, DIRECTED, OR ASSIGNED. BENEFITS Quincy Compressor aims to assist our employees in all areas of life: physical, financial, and personal wellness through a competitive compensation and benefits package. See our Benefits web page for more information. Quincy Compressor is an equal opportunity employer and does not discriminate in hiring or employment related decisions because of race, color, sex, religion, national origin, age, disability, sexual preference, genetic information or any other protected class. Job promotions at Quincy Compressor will be based on such factors as quality of work, prior job performance, attendance, safety record, and ability to work well with others. Accessibility Notice: If you need a reasonable accommodation for any part of the employment process due to a physical or mental disability, please send an email to careers@quincycompressor.com or call 251-937-5900. Reasonable accommodation requests will! be considered on a case-by-case basis.
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If you were eligible to this career, please send us your resume, with salary requirements and a resume to Quincy Compressor.
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This career will be opened on: Wed, 20 Nov 2013 06:03:05 GMT