Credit Manager

Job Overview

Ferguson is seeking a Credit Manager to oversee credit, collections, and accounts receivable operations. The role protects company assets while supporting sales growth and optimizing return on receivables. This position will manage a portfolio of accounts receivable up to $25,000,000 and 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 and business travel expenses are fully reimbursed.

• 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 (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.

• 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.

• Health, dental, and vision coverage.
• Paid time off.
• Life insurance.
• 401(k) with company match.
• Mental health coverage.
• Gender‑affirming and family‑building benefits.
• Paid parental leave.
• Associate discounts.
• Community involvement opportunities.

Pay Range (Monthly for Salaried Roles): $5,258.34 – $8,408.34. Bonus or incentive plan eligible. The starting wage may be higher in certain locations based on local or state wage requirements.

Ferguson is an equal opportunity employer as well as a government contractor that shall abide by the requirements of 41 CFR 60‑300.5(a) and 41 CFR 60‑741.5(A). Ferguson Enterprises, LLC. is an equal employment employer F/M/Disability/Vet/Sexual Orientation/Gender Identity. Equal Employment Opportunity and Reasonable Accommodation Information.