Credit Manager
Apply NowCompany: National Oak
Location: West Palm Beach, FL 33411
Description:
Description:
The Credit Manager is a key member of the finance team, responsible for overseeing all aspects of credit risk management and ensuring the company's financial health. This role requires a strong understanding of credit analysis, underwriting, and collections, along with excellent communication and problem-solving skills. The Credit Manager will work closely with sales, operations, and accounting teams to develop and implement credit policies, monitor credit risk, and manage accounts receivable.
Responsibilities:
Minimum Qualifications:
Preferred Qualifications:
The Credit Manager is a key member of the finance team, responsible for overseeing all aspects of credit risk management and ensuring the company's financial health. This role requires a strong understanding of credit analysis, underwriting, and collections, along with excellent communication and problem-solving skills. The Credit Manager will work closely with sales, operations, and accounting teams to develop and implement credit policies, monitor credit risk, and manage accounts receivable.
Responsibilities:
- Develop and implement credit policies and procedures to mitigate credit risk.
- Analyze credit applications and make lending decisions based on financial data and risk assessment.
- Monitor customer creditworthiness and identify potential risks.
- Manage the collections process, including contacting delinquent customers and negotiating payment plans.
- Analyze and report on credit performance metrics, including delinquency rates, write-offs, and recovery rates.
- Work with sales and operations teams to ensure smooth credit processes and customer satisfaction.
- Supervise and mentor credit analysts and other team members.
- Stay up-to-date on industry best practices and regulatory changes related to credit risk management.
- Manage and reconcile accounts receivable.
- Collaborate with the accounting team to ensure accurate financial reporting.
- Develop and implement strategies to improve credit risk management and collections efficiency.
- Provide leadership and guidance to the credit team.
Minimum Qualifications:
- Must-Have Skills:
- Credit Management: Thorough knowledge
- Credit Risk: Thorough knowledge
- Underwriting: Thorough knowledge
- Collections: Thorough knowledge
- Accounts Receivable: Thorough knowledge
- Finance: General knowledge
- Accounting: General knowledge
- Microsoft Excel: General knowledge
- Communication: Excellent
- Problem Solving: Excellent
- Leadership: Proven experience
- Management: Proven experience
- Writing: Excellent
- Detail Oriented: High level
- Experience: 5+ years of experience in credit management or a related field.
- Education: Bachelor's degree in finance, accounting, or a related field.
Preferred Qualifications:
- Nice-to-Have Skills:
- Sales: Working knowledge
- Risk Management: Working knowledge
- Operations: Working knowledge
- Customer Service: Excellent