Strategic Credit & Collections Manager

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

Job summary

Ferguson is seeking a skilled Credit Manager in Addison, IL to oversee credit, collections, and accounts receivable operations across a multi-state territory. The role focuses on protecting company assets while supporting sales growth and optimizing return on receivables.

You will manage a portfolio up to $20M, lead a credit team, and partner with sales to balance risk with customer service. This position requires strong financial judgment and readiness for travel.

Qualifications

• Bachelor’s degree in Finance or related field preferred.
• Credit, Collections, or Accounts Receivable experience (construction industry preferred).
• Strong analytical and decision‑making skills with sound business judgment.
• Excellent communication and relationship‑building abilities.
• Ability to manage priorities and perform effectively in a fast‑paced environment.
• Leadership or team development experience preferred.
• Sales process understanding.
• Credit evaluation and portfolio management.
• Financial Statement Analysis.
• Collections strategy and execution.
• Customer and branch relationship management.
• Uniform Commercial Code (UCC) fundamentals.

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 decisioning

Risk analysis

Customer relationship

Team leadership

Education

Bachelor’s degree in Finance or related field

Tools

ERP systems

Credit software

Job description

Ferguson is seeking a skilled Credit Manager in Addison, IL to oversee credit, collections, and accounts receivable operations across a multi-state territory. The role focuses on protecting company assets while supporting sales growth and optimizing return on receivables.

You will manage a portfolio up to $20M, lead a credit team, and partner with sales to balance risk with customer service. This position requires strong financial judgment and readiness for travel.