Credit Manager

Credit Manager

Job Location s: US-TN-Franklin

Job :

# of Openings: 1

Category:
Accounting/Finance

Type:
Regular Full-Time

The Credit Manager will effectively manage and control the company's investment in Accounts Receivable by maximizing sales opportunities while minimizing DSO and bad debt losses in conjunction with the goals and objectives of the business operating units. This position will also train and develop department personnel for more challenging assignments, i.e. credit assessments, and maintenance through research and analysis of client data.

This role will require to be fully onsite based out of Franklin, TN office.

• Provide oversight to the credit department for Yusen Logistics (Americas) Inc., using multiple operating systems
• Maintain and enforce the YLA Corporate Credit Policy
• Implement best practices, developing standardized review procedures
• Be proactive and responsive to credit demands ensuring that credit requests are processed and escalated to senior management where appropriate in timely manner in accordance with the company's credit policy
• Develop the skills within the team members of the department; communication, analytical and reporting
• Oversee the preparation and distribution of regular periodic reporting, purpose being to report to senior management accounts in at risk industries and sectors
• Manage the overall credit risk of the organization
• Determine the credit worthiness of customer accounts through the appropriate financial analysis
• Evaluate and provide analysis to determine and recommend credit line amounts in accordance with the company's credit policy
• Actively supervise credit requests; ensuring the department reacts with an appropriate understanding of the demands of the organization to meet the company's objectives while satisfying the organizations obligations to minimize credit risk
• Review credit lines on a regular basis or when requested for existing accounts
• Recommend revocation of lines of credit or placing accounts on credit hold upon receipt of internal or external information pertinent to financial strength of the account, in accordance with the company's credit policy.
• Manage and supervise the credit department staff to include development of department goals, performance management, staffing, training/ staff development and performance appraisals
• Monitor the A/R portfolio with regard to delinquent accounts and those accounts with balances over their company's approved limits. This is accomplished by reviewing reports such as: over the limit, pay pattern changes, DSO and feedback from the collectors
• Work with the AR department management to ensure collections issues are incorporated into the credit evaluation

• Bachelor's degree in Finance, Accounting, and Business is required.
• Minimum of eight (8) years of credit and financial analysis experience with four (4) years at department management level.
• Strong knowledge and understanding of standard credit procedures
• Experience determining credit worthiness and ongoing risk assessment
• Detail oriented with the ability to analyze cash flow, leverage and gauge customer strength
• Excellent verbal and written communication skills
• Ability to make sound business judgments while protecting the interests of company
• Ability to communicate with all levels of management
• Excellent analytical and financial analysis skills
• Strong organizational and time management skills
• Ability to handle multiple tasks simultaneously while paying attention to detail
• Ability to gather and interpret data, compile information and prepare reports
• Ability to train new hires on policies and procedures
• Ability to develop and mentor staff

• ERP systems experience preferred, D365 or SAP is a plus.
• Dunn & Bradstreet experience desired.
• Proficiency in Excel and Word required

• Maintain regular and punctual attendance.
• Work overtime as required/ assigned.
• Travel as required.
• Work cooperatively with others.
• Interact with employees and customers in an appropriate manner.
• Use a computer for tasks such as communicating via email and preparing reports and work schedule using Microsoft and Power BI
• Review and analyze data and information concerning customer credit.
• Plan, prioritize and monitor credit team activities.
• Complete and/or oversee the completion of assigned tasks/projects in a timely manner.
• Comply with all Company policies and procedures.

The above statements are intended to describe the general nature of work…