Credit Manager

NetScout Systems, Inc; Westford (MA); On-site; USD 80,000 - 100,000; Full time

Job summary

A leading company in Westford, MA is seeking a Credit Manager to oversee customer credit processes and collaborate with various departments. The ideal candidate will have extensive experience in credit management, strong analytical skills, and a commitment to compliance with regulations. The role offers opportunities for professional development and a comprehensive benefits package including generous vacation, equity, and a matching 401k plan.

Benefits

Generous vacation package

Equity

Matching 401k plan

Tuition reimbursement

Attractive medical and dental coverage options

Domestic partner benefits

Life and Disability Benefits

Volunteer Time Off

Matching Charitable Gifts

Qualifications

• 5-10 years of experience in corporate credit management.
• Strong analytical and organizational skills.

Responsibilities

• Evaluate creditworthiness through financial analysis.
• Set and negotiate credit terms for clients.
• Monitor existing credit accounts and manage debts.

Skills

Credit Assessment

Credit Policies

Monitoring

Collaboration

Training

Education

Bachelor's degree in Finance

MBA or other advanced degree

Tools

ERP systems

financial software

Job description

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Job ID: 005185
Looking to hire a Credit Manager in Westford, MA
Description:

Job title: Credit Manager

Location: Westford, MA

At NETSCOUT, we are an elite force of trailblazers, innovators, and problem solvers. We protect the connected world from cyberattacks and performance and availability disruptions through our unique visibility platform and solutions powered by pioneering deep packet inspection at scale technology.

We are Guardians of the Connected World. We are looking for exceptional talent to join our team.

About NETSCOUT

NETSCOUT has been helping the world's largest organizations solve their most complex digital challenges for more than 40 years.

NETSCOUT unlocks insight at unequaled scale, from every data packet to the broadest view of global internet traffic, so the world's essential organizations can solve problems faster, constantly transform their digital ecosystems, secure what matters - and stay unstoppable for a world that relies on them every second.

About the Corporate Finance team:

The Corporate Finance team manages Treasury, Investor Relations, Capital Markets, Customer Credit, and Risk Management. This role will report to the AVP, Corporate Finance and manage all aspects of the customer credit review, approval and monitoring process. This role involves close collaboration with various departments, including sales, sales operations, and accounting to ensure effective credit management and compliance with relevant laws and regulations.

Basic Qualifications/Skills:

• Credit Assessment: Evaluate the creditworthiness of potential customers through detailed financial analysis, credit bureau reports, and any other information available to assist with the risk assessment.


• Credit Policies: Implement and maintain the company's credit policies and procedures, ensuring compliance with state and federal regulations.


• Credit Terms: Set and negotiate credit terms for clients, including payment plans and credit ceilings.


• Monitoring: Monitor existing credit accounts and manage the debts of creditors, ensuring timely collections and minimizing bad debt. Review reports on a weekly or monthly basis and take necessary action to bring customers back within company guidelines. This includes, but is not limited to, aging reports, over credit limit reports, ship to reports, and evaluation reports.


• Reporting: Prepare and present reports on credit-related activities to senior management, providing insights and recommendations for improvement.


• Collaboration: Work closely with sales, accounting, and other departments to resolve credit issues and optimize credit operations.


• Training: Provide training and guidance to the credit control team, ensuring they are well-equipped to handle credit management tasks.

Preferred Qualification/Skills:

• Education: Bachelor's degree in Finance, Accounting, Business Administration, or a related field.


• Experience: Minimum of 5-10 years of experience in corporate credit management, preferably within the technology sector.


• Skills: Strong analytical and organizational skills, excellent communication and negotiation abilities, and proficiency in credit risk analysis.


• Knowledge: Familiarity with credit-related laws and regulations, and experience with credit scoring models and financial software.

Preferred Qualifications:

• Advanced Degree: MBA or other advanced degree in a related field.


• Certifications: Professional certifications such as Certified Credit Executive (CCE) or similar.


• Technical Skills: Experience with ERP systems and financial software used in credit management.

Working at NETSCOUT

At NETSCOUT, our vision is to create a workplace where every individual feels valued, respected, and empowered to contribute their unique perspectives. We strive to build a diverse workforce that reflects the communities we serve. We also know that life at NETSCOUT is not just about what you will contribute, but what we will give back to you. Besides the promise of interesting work in an exciting and ever-growing industry, NETSCOUT is committed to giving you opportunities to continue to learn and grow. Employees are eligible for a variety of professional development opportunities to help them advance their skills and career. We have heavily invested in our individual, management, and leadership training and development programs. We offer a compensation package that includes the following benefits:

• Generous vacation package


• Equity


• Matching 401k plan


• Tuition reimbursement


• Attractive medical and dental coverage options


• Domestic partner benefits


• Health and Dependent Care spending accounts and Health Savings Account options


• Life and Disability Benefits


• Volunteer Time Off, Matching Charitable Gifts

NetScout Systems, Inc. is an EEO/Affirmative Action Employer.

Requirements:

Education	Bachelors (or equivalent work experience)
Job Type	Full-Time
Location	MA - Westford
Preferred Language	English