Credit and Collections Manager - Houston, TX

FloWorks is a leading specialty distributor of critical flow control products and provider of tailored technical solutions for MRO-focused applications. The company serves customers across chemical, downstream refining & renewables, high purity & sanitary, and other industrial end markets. FloWorks' product categories include valve & automation, corrosion resistant flow control, rotating equipment, flanges, filters & purifiers, and instrumentation. Privately held company headquartered in Houston, Texas.

As the Credit and Collections Manager, you will oversee the credit, collection, and cash application functions for FloWorks. You will be accountable for the entire credit granting process, ensuring the consistent application of the company's credit policy, conducting periodic credit reviews for existing customers, and assessing the creditworthiness of potential customers. Your goal will be to optimize the balance between sales and bad debt losses, ensuring that financial risks are managed effectively.

Some of the exciting things you will do in this role...

• Assigns and manages credit limits as well as credit control parameters and review points of all customers in assigned group.
• Assesses credit and financial risk of assigned portfolio overall and account specific portfolios.
• Evaluates earning quality and sustainability, debt capacity, asset/liability mix, appropriateness of capital structure and financial management.
• Meets with key customers to represent the company and ensure compliance with line of business strategic directives.
• Evaluates risk and secures A/R through the use of lien/bond rights or other appropriate forms of security.
• Supervises credit personnel, including hiring, training and daily collection activity. Ensures timely communication with customers and management of job queues. Personally handles key customer accounts.
• Serves as authorized settlement authority to include granting payment plans. Assigns collections to 3rd party as necessary.
• Prepares and disseminates reports as directed by management.

A must...

• Typically requires BS/BA in related discipline.
• Generally 7+ years experience in related field. May require certification.
• Advanced degree may offset less experience in some disciplines.
• Staff management experience.
• Knowledge of state-specific lien/bond, construction, bankruptcy and related federal laws.
• CBF/CCE certification preferred.
• Good understanding of finance.

The perks of working here....

• Tuition Reimbursement
• Competitive Pay + Bonus
• Medical, Dental, Life, and Supplemental Benefits
• 401(K) retirement plan + up to 4% company matching
• Employee Referral Program
• Volunteer Time Off

This information indicates the general nature and level of work performed by associates in this role. It is not designed to contain a comprehensive inventory of all duties, responsibilities, and qualifications required of associates assigned to this role. This description supersedes any previous or undated descriptions for this role. Management retains the right to add or change the duties of the position at any time. Questions about the duties and responsibilities of this position should be directed to the reporting Manager or Human Resources.

FloWorks is an equal opportunity employer and gives consideration for employment to qualified applicants without regard to race, color, religion, gender, gender identity, sexual orientation, national origin, genetics, disability, age, or protected veteran status. FloWorks is committed to fostering a culture where every individual is valued and empowered to contribute to a shared success.

FloWorks participates in the US Government's E-Verify program.