Credit Risk & Collections Manager

Lonestar Electric Supply Partners; Dallas (TX); On-site; USD 85,000 - 110,000; Full time

Benefits offered by this job

Medical, dental, life and vision保险

401(k) Retirement Plan and Match

Paid Time Off

Specified Holiday Pay

Job summary

Lonestar Electric Supply Partners is seeking a Credit Manager to identify, measure, and monitor credit risks across the company. You will evaluate financials of customers, negotiate terms, and approve new purchasing activities while escalating issues to leadership.

You will ensure regulatory compliance, implement risk mitigation strategies, review credit applications, manage delinquent accounts, and generate management reports.

Qualifications

• Excellent verbal and written communication.
• Thorough understanding of state and federal laws pertaining to collection activities and mechanics lien laws.
• Excellent organizational skills and attention to detail.
• Ability to keep information confidential.
• Ability to exercise integrity and discretion.
• Ability to remain professional in confrontational conversations.
• Proficient in Microsoft Office Suite or related software programs.
• At least two years of prior credit and collections experience required.

Responsibilities

• Ensuring compliance with relevant regulations and internal policies related to credit risk management.
• Developing and implementing strategies to mitigate potential credit risks.
• Review new credit applications for completeness.
• Review credit reports and references in setting up new credit accounts.
• Identify and track accounts that are delinquent.
• Contact accounts that are delinquent and obtain payment and resolution.
• Manage all accounts by investigating, granting, and overseeing balances and credit lines.
• Sets up job accounts for new and existing projects.
• Send out invoices and statements on an as needed basis.
• Contact clients to negotiate new payment terms or settlements.
• Work with internal staff and external customers to build relationships with clients.
• Responsible for sending lien notices and filing liens on projects.
• Refers accounts to outside agency for further collection efforts as needed; assists with activities and legal actions pertaining to those accounts.
• Assist in generating consolidated invoices as needed for select client accounts.
• Generate reports as requested from management.
• Perform other related duties as assigned.

Skills

Communication skills

Regulatory knowledge

Organizational skills

Confidentiality

Integrity

Conflict management

MS Office

Credit and collections experience

Tools

Microsoft Office Suite

Job description

Lonestar Electric Supply Partners is seeking a Credit Manager to identify, measure, and monitor credit risks across the company. You will evaluate financials of customers, negotiate terms, and approve new purchasing activities while escalating issues to leadership.

You will ensure regulatory compliance, implement risk mitigation strategies, review credit applications, manage delinquent accounts, and generate management reports.