Credit Manager - AR & Collections Leader (Up to $20M)

Ferguson; Addison (IL); On-site; USD 59,000 - 94,000; Full time

Benefits offered by this job

Health benefits

Dental & Vision

401(k) with company match

Paid time off

Life insurance

Parental leave

Employee discounts

Mental health coverage

Job summary

Ferguson is seeking a skilled Credit Manager to oversee credit, collections, and accounts receivable operations. This role protects company assets while supporting sales growth and optimizing return on receivables.

Based in Addison, IL, you will manage a portfolio up to $20M within a multi-state Central Midwest territory, with regular overnight travel and full travel reimbursement. You will evaluate credit applications, monitor aging, implement collection strategies, and ensure compliance with

Qualifications

• Bachelor’s degree in Finance or related field preferred.
• Experience in Credit, Collections, or Accounts Receivable; construction industry preferred.
• Strong analytical and decision-making skills with business judgment.
• Excellent communication and relationship-building abilities.
• Ability to manage competing priorities in a fast-paced environment.
• Leadership or team development experience preferred.
• Knowledge of Credit evaluation and portfolio management.
• Understanding of UCC fundamentals and related security concepts.
• Experience with enterprise/vendor systems.

Responsibilities

• Evaluate and approve credit applications, limits, and account changes based on risk analysis.
• Monitor customer balances and aging; take action on delinquent accounts.
• Develop and execute effective collection strategies.
• Review and manage credit limits and lien rights to protect company interests.
• Resolve disputes in partnership with sales and customers.
• Manage bad debt exposure, including recovery efforts and legal escalation when necessary.
• Ensure compliance with applicable laws and regulations (e.g., UCC, FDCPA, ECOA, liens, bonds, Sarbanes-Oxley).
• Partner with sales teams through regular branch interaction and customer visits.
• Structure credit solutions (e.g., joint check agreements) for project-based accounts.
• Handle complex, high-risk, or exception accounts beyond standard authority.
• Lead, coach, and develop credit team members.

Skills

Credit evaluation

Portfolio management

Financial statement analysis

Collections strategy

Customer relationship management

UCC fundamentals

Vendor systems proficiency

Sales process understanding

Leadership experience

Education

Bachelor’s degree in Finance

Job description

Ferguson is seeking a skilled Credit Manager to oversee credit, collections, and accounts receivable operations. This role protects company assets while supporting sales growth and optimizing return on receivables.

Based in Addison, IL, you will manage a portfolio up to $20M within a multi-state Central Midwest territory, with regular overnight travel and full travel reimbursement. You will evaluate credit applications, monitor aging, implement collection strategies, and ensure compliance with