Credit Manager

Scotsman Ice; Vernon Hills (IL); On-site; USD 90,000 - 100,000; Full time

Job summary

Scotsman Ice in Vernon Hills, IL is looking for a Credit Manager to oversee the company's credit and collections function. The role will include making credit recommendations, supervising a finance generalist, and monitoring distributor credit trends to minimize risk.

The ideal candidate must have at least 7 years of accounting experience, with a solid background in credit and collections, and a bachelor's degree is preferred. Occasional travel may be required, and strong collaboration with various departments is essential.

Qualifications

• 7 years of accounting experience, with at least 5 in credit and collections.
• Proficiency with credit and bankruptcy laws to address potential risks.
• Ability to sit for extended periods of time.

Responsibilities

• Make credit recommendations for new customer accounts.
• Train and supervise the finance and payroll generalist.
• Review daily customer order hold reports and release for shipment when appropriate.

Skills

Accounting experience

Credit and collections expertise

Proficiency with Microsoft Suite

Supervisory experience

Education

Bachelor’s degree preferred

Job description

Job Details

• Location: 101 Corporate Woods Parkway, Vernon Hills, IL 60061
• Position Type: Full Time
• Education Level: 4 Year Degree
• Salary: $90,000.00 - $100,000.00 per year
• Travel: Negligible
• Shift: First
• Category: Accounting

Job Title & Reporting

• Title: Credit Manager
• Function: Finance
• Reports to: Director of Revenue Accounting
• Supervises: Finance and Payroll Generalist

Mission Statement

Safeguard the company’s financial integrity by leading a disciplined credit and collections function that supports responsible revenue growth, minimizes risk, and ensures accurate, compliant financial operations. The role is committed to making sound credit decisions, maintaining rigorous controls, fostering cross‑department collaboration, and providing reliable operational support. Through proactive risk monitoring, timely reconciliations, precise tax compliance, and adherence to company policies and ethical standards, the mission is to uphold financial accuracy, strengthen customer account management, and contribute to the organization’s overall operational excellence.

Principal Activities

• Make credit recommendations for new customer accounts.
• Train and supervise the finance and payroll generalist.
• Review customer accounts for adherence to terms.
• Review daily customer order hold reports and release for shipment when appropriate.
• Monitor distributor credit trends and bring potential risks to the attention of the Director of Revenue Accounting.
• Calculate quarterly sales returns/allowances reserve requirements and propose adjustments if necessary.
• Supervise the timely and accurate completion of Sales & Use Tax returns and facilitate audits of all Sales and Use Taxes.
• Maintain up‑to‑date credit files.
• Perform timely reconciliation of the AR subsidiary records and depository bank accounts to the GL and rectify all reconciling items promptly.
• Maintain updated work instructions and procedures for credit and collections responsibilities.
• Facilitate interdepartmental communication by partnering with Sales, Operations, Finance, and Customer Service to resolve account discrepancies and ensure smooth workflow.
• Serve as a backup for key operation functions, including managing finished goods pricing within QAD, monthly distributor scorecard reporting, and supporting accrual activities for the Distributor Rebate Program. Provide coverage for daily and weekly operational reporting, shipments, and backlog to ensure accuracy, continuity, and timely escalation of issues or trends.
• All other duties as assigned.

Qualifications

• Financial/Risk Control
  • Fulfill financial control and risk‑management responsibilities inherent in the position.
  • Ensure adherence to the Ali/Welbilt Finance and Control Manual on Debtors, Revenue Recognition, and related sections.
  • Conduct yourself in accordance with the company code of ethics policy at all times.
• Required Education / Certification
  • Bachelor’s degree preferred, or equivalent experience.
  • Proficiency with credit and bankruptcy laws to address potential risks.
• Required Experience
  • 7 years of accounting experience, with at least 5 in credit and collections.
  • Proficiency with Microsoft Suite.
  • Supervisory experience required.
• Physical Requirements / Other
  • Occasional travel as necessary.
  • Ability to sit for extended periods of time and lift up to 15 lbs.