Strategic Credit Manager | Risk, Collections & AR Leader

Interstate Companies, Inc.; Eagan (MN); On-site; USD 150,000 - 160,000; Full time

Benefits offered by this job

Competitive compensation

Medical, dental, vision benefits

401(k) with company match

Paid time off and holidays

Life and disability insurance

Employee Assistance Program

Career development opportunities

Collaborative, supportive culture

Job summary

Interstate Companies Inc. is seeking a seasoned Credit Manager to lead Credit, Collections, and Accounts Receivable from our corporate headquarters in Eagan, Minnesota. You will establish credit policies, evaluate risk, approve limits, and drive cash flow.

The role partners with Finance, Sales, and Operations to balance risk with growth. You will build and mentor high-performing teams, optimize processes, and oversee a multi-state AR portfolio with a focus on improving metrics and customer

Qualifications

• Bachelor's degree in accounting, finance, or a related field.
• 10+ years of progressive experience in credit, collections, accounts receivable, or related finance functions.
• 5+ years of leadership experience managing and developing teams.
• Experience overseeing credit risk for a large accounts receivable portfolio exceeding $100 million.
• Experience utilizing the Esker credit and collections platform.
• NACM certifications (CBA, CBF, or CCE) preferred.
• Demonstrated success leading process improvement or finance transformation initiatives.

Responsibilities

• Establish and administer company credit policies, approval authorities, and risk tolerances.
• Evaluate customer creditworthiness using financial statement analysis, credit reports, and payment histories.
• Approve credit limits and continuously monitor customer exposure and financial risk.
• Resolve complex credit decisions, escalated customer issues, and account disputes.
• Lead company-wide collections strategies to reduce delinquency, minimize bad debt, and improve cash flow.
• Oversee Accounts Receivable operations, including cash application, reconciliations, and account maintenance.
• Manage the allowance for doubtful accounts and bad debt reserve analysis.
• Review, recommend, and approve account write-offs within delegated authority.
• Coordinate collection escalations, including third-party agencies, lien and bond claims, and outside legal counsel.
• Lead, coach, and develop the Credit & Collections and Accounts Receivable teams.
• Establish clear goals, expectations, and performance standards.
• Recruit, hire, train, and retain top talent.
• Conduct performance evaluations and support employee growth and development.
• Partner closely with Sales, Operations, and Branch Leadership to support profitable growth while maintaining sound credit practices.
• Administer and optimize the Esker platform; monitor key metrics such as DSO, DBT, aging, collection effectiveness, credit exposure, and bad debt performance.
• Lead process improvement and finance transformation initiatives that improve efficiency, visibility, and financial results.

Skills

Leadership

Communication

Analytical thinking

Time management

Prioritization

Problem-solving

Organizational skills

Education

Bachelor's degree in accounting or finance

Tools

Esker

Microsoft Office

Job description

Interstate Companies Inc. is seeking a seasoned Credit Manager to lead Credit, Collections, and Accounts Receivable from our corporate headquarters in Eagan, Minnesota. You will establish credit policies, evaluate risk, approve limits, and drive cash flow.

The role partners with Finance, Sales, and Operations to balance risk with growth. You will build and mentor high-performing teams, optimize processes, and oversee a multi-state AR portfolio with a focus on improving metrics and customer