Credit Manager

AMETEK; Pittsburgh (Allegheny County); On-site; USD 70,000 - 110,000; Full time

Job summary

An established industry player seeks a skilled Credit Manager to lead credit policy development and manage accounts receivable. This role involves analyzing customer financials, supervising a team, and ensuring compliance with regulations. The ideal candidate will have a strong background in finance, excellent communication skills, and experience with ERP systems. Join a forward-thinking company that values innovation and quality in its financial operations, where your expertise will significantly impact the organization’s success and customer relationships.

Qualifications

• 5+ years of experience in Credit, Collections, and Accounts Receivable management.
• Bachelor’s degree in finance required; additional credentials preferred.

Responsibilities

• Develop and administer divisional credit policy to minimize uncollectible accounts.
• Supervise Credit Analyst and Accounting Assistant, ensuring timely collections.

Skills

Credit Management

Financial Analysis

Communication Skills

Supervisory Skills

Regulatory Knowledge

Education

Bachelor’s Degree in Finance

Professional Credentialing (CICP, ICCE, RGCP, CGCE)

Tools

ERP System (Oracle)

MS Office

SAP

Job description

At AMETEK Process Instruments, we focus our experience on designing new, innovative analyzers that help our customers achieve higher levels of productivity and quality. We do this by seeking out ways to overcome the limitations of current methods of process monitoring, control, and quality assurance. It is through this focus that we have created the most reliable and accurate technologies in the world.

We are looking for a Credit Manager to join our team.

Responsibilities:

1. Develop and administer divisional credit policy in accordance with corporate and divisional guidelines, in addition to complying with federal anti-trust laws and regulations to minimize the company's exposure to uncollectible accounts receivable.
2. Perform credit investigations, analyze customer financial statements, decide and approve payment terms and lines of credit within prescribed ranges, periodically review existing credit files, and communicate with appropriate internal customers to maximize sales and efficiently manage inventory.
3. Supervise Credit Analyst and Accounting Assistant.
4. Review letters of credit for acceptance.
5. Maintain an appropriate customer follow-up system to ensure timely collection of overdue receivables.
6. Prepare various monthly and quarterly reports for bad debt and past due analysis.
7. Perform Sarbanes Oxley / internal control testing and ensure documentation is updated.
8. Prepare and file bankruptcy Proof of Claim forms. Work with corporate attorneys on complex bankruptcy cases or where an elevated claim may be attained through reclamation.
9. Arrange forced collections and filing of suits.
10. Remain current in areas such as country risk by maintaining membership in professional organizations, attending seminars, and subscribing to various economic and finance publications.
11. Arrange and monitor export and performance letters of credit and performance bonds as required.

Job Requirements:

• Minimum bachelor’s degree in finance.
• Additional professional credentialing such as CICP, ICCE, RGCP or CGCE desired.
• Minimum five years’ experience managing Credit, Collections and Accounts Receivable, both domestic and foreign, in a manufacturing shared service environment.
• Working knowledge of an ERP system – preferably Oracle – together with MS Office. Experience with SAP is an asset.
• Good supervisory and diplomatic skills with direct reports, sales team, and customers.
• Excellent verbal and written communications skills.
• Participation in outside credit professional groups.
• Working knowledge of Federal Export Administration Regulations as it pertains to Credit Management.
• Working knowledge of Bankruptcy Rules.
• Working knowledge of Supply Chain Finance Programs.
• Working knowledge of Credit Insurance Programs.
• Working knowledge of Bank Letters of Credit and insurance programs for bonding.
• Working knowledge of filing UCC security agreements on equipment.