Credit Manager

Extech Building Materials; East Rutherford (NJ); On-site; USD 70,000 - 90,000; Full time

Job summary

An established industry player is seeking a Credit Manager to oversee credit risk assessments and manage customer relationships. This role involves evaluating customer creditworthiness, enforcing credit policies, and ensuring timely collection of accounts receivable. The ideal candidate will have extensive experience in credit management, particularly within the building materials sector, and possess strong analytical and communication skills. Join a dynamic team where your expertise will help drive financial success and enhance customer satisfaction.

Qualifications

• 5+ years in credit management, preferably in building materials.
• Strong understanding of financial statements and credit risk assessment.

Responsibilities

• Evaluate creditworthiness of customers and establish credit limits.
• Manage accounts receivable and ensure timely collection of invoices.

Skills

Credit Risk Assessment

Customer Relationship Management

Analytical Skills

Communication Skills

Negotiation Skills

Problem-Solving Skills

Education

5+ years of experience in credit management

Understanding of financial statements

Basic accounting knowledge

Tools

Microsoft Excel

Microsoft Word

Microsoft PowerPoint

Credit Management Software

Job description

Role and Responsibilities. 1. Credit Risk Assessment:. a. Evaluate the creditworthiness of potential customers, including assessing financial statements, credit reports, and payment histories.. b. Establish and maintain customer credit limits based on risk analysis and industry trends.. c. Monitor and assess existing customer credit risks and adjust limits as needed.. 2. Credit Policies and Procedures:. a. Enforce company credit policies and procedures, ensuring they align with organizational goals and minimize financial risk.. b. Collaborate with sales teams to ensure alignment on customer expectations and capture profitable sales.. 3. Customer Relationship Management:. a. Foster strong relationships with customers to resolve credit-related issues and ensure timely payments.. b. Work closely with the sales and customer service teams to identify potential credit concerns early and address them proactively.. 4. Accounts Receivable Management:. a. Manage accounts receivable portfolio, ensuring that outstanding invoices are collected promptly and effectively to reduce bad debt.. Qualifications and Education Requirements. At least 5 years of experience in credit management, ideally within the building materials or construction industry.. Understanding of financial statements, credit risk assessment, and industry-specific regulations including local lien and bond laws.. Proven experience in managing accounts receivable and collections.. Preferred Skills. Excellent communication and negotiation skills, with the ability to work effectively with customers and internal teams.. Proficiency in Microsoft Office (Excel, Word, PowerPoint) and familiarity with credit management software.. Strong analytical and problem-solving skills.. Basic accounting knowledge

Experience: Required
Languages: English – Advanced
Employment: Full-time
Schedule: Monday-Friday 8:00am-4:30pm
Salary: $70,000 – $90,000 yearly
Starting time: Immediate start!

About Extech Building Materials:

Extech Building Materials is a distributor of materials for various markets including restoration, waterproofing, masonry, infrastructure, roofing, hardscape, landscape, sheet metal fabrication, and others.