Strategic Credit Manager – Growth & Collections Leader

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

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

Paid time off

Life insurance

401(k) with match

Mental health coverage

Parental leave

Employee discounts

Job summary

Ferguson is seeking a skilled Credit Manager based in Addison, IL to oversee credit, collections, and accounts receivable operations for a portfolio up to $20M. Regular travel within a multi-state territory is required, with comprehensive reimbursement.

The role emphasizes risk management, customer collaboration, and leading a credit team while ensuring compliance with UCC, FDCPA, ECOA, and Sarbanes-Oxley. A finance degree and AR/collection experience are preferred.

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 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.
• UCC fundamentals.
• Enterprise and vendor systems proficiency.

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

Analytical skills

Decision-making

Communication

Relationship-building

Leadership

Sales process understanding

Credit evaluation

Portfolio management

Financial statement analysis

Collections strategy

Education

Bachelor’s degree in Finance or related field

Tools

Vendor systems

Enterprise systems

Job description

Ferguson is seeking a skilled Credit Manager based in Addison, IL to oversee credit, collections, and accounts receivable operations for a portfolio up to $20M. Regular travel within a multi-state territory is required, with comprehensive reimbursement.

The role emphasizes risk management, customer collaboration, and leading a credit team while ensuring compliance with UCC, FDCPA, ECOA, and Sarbanes-Oxley. A finance degree and AR/collection experience are preferred.