The Role
Manage company credit risk by analyzing customer financials, setting credit terms, monitoring accounts receivable, overseeing collections and legal remedies for delinquent accounts, ensuring compliance with corporate credit policy, and collaborating with sales and leadership to protect cash flow and minimize bad debt.
Summary Generated by Built In
Job Summary & Responsibilities Preferred Qualifications
Credit Manager
Metals USA is seeking an experienced Credit Manager, to join our growing financial services team in Mobile, AL. The ideal candidate will have experience in credit risk analysis that aligns with the size, industrial complexity and customer profile of our company. The Credit Manager will be responsible for managing credit risk, conducting customer research and financial analysis while ensuring compliance.
Duties and Responsibilities:
- Analyzes financial statements of potential and existing customers to determine current financial strength, liquidity, debt services coverage and value of collateral.
- Manages collection process of delinquent accounts and establishes relationship with collection agencies and attorneys.
- Resolves disputes with customers and other departments as they relate to risk management.
- Analyzes credit applications for terms of sale and credit limits.
- Ensures that customer financial reports are prepared and submitted to leaders and other sales staff on a consistent basis.
- Collaborates with sales team to improve credit quality, cash flow, and reduce delinquent accounts.
- Performs ongoing monitoring and analysis of data of borrowers for service compliance. Consults with current & future clients regarding level of credit.
- Controls bad debt exposure and expenses through direct management of credit terms on the company's ledger.
- Sets and changes credit terms as required.
- Sets and ensures compliance with corporate credit policy.
- Implements liens to major delinquent accounts as needed.
- Oversees the negotiation and course of action for delinquent accounts. Pursues legal remedies for non-payers.
- Ensures an accurate and timely monthly, quarterly and year end close.
- Collaborates with the Regional Credit and Export Manager, Controller, General Manager and other department leaders to support the overall financial goals and objectives.
- Advises the Regional Credit & Export Manager, Controller and General Manager of non-routine reporting transactions.
- Manages accounts receivable records including but not limited to: application of cash receipts, resolution of short payments and billing problems, credit memos, elimination of government payment discrepancies, resolution of bank discrepancies regarding electronic and credit card payments.
- Establishes and adheres to accounting principles and controls which verify the integrity of all systems, processes and data.
Metals USA offers a competitive starting salary of $80,000 - $90,000 (DOE) and benefits plus upward mobility professional growth.
Metals USA provides equal employment opportunities to applicants and employees w/o regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status or disability.
Metals USA is committed to protecting our employees by creating and maintaining a workplace free of substance abuse.
- Bachelor degree or associate degree in accounting, business administration, finance or a similar field
- Minimum of three years experience with formal credit authority, financial risk analysis and/or credit policy ownership in industrial/fabrication/manufacturing related environment
- Ability to communicate effectively
- Strong analytical and organization skills
- Proficiency in Microsoft Office Suite and accounting software
- Candidate must pass pre employment drug testing
Skills Required
- Bachelor or Associate degree in Accounting, Business Administration, Finance or similar
- Minimum of three years experience with formal credit authority, financial risk analysis, and/or credit policy ownership in industrial/fabrication/manufacturing environment
- Ability to communicate effectively
- Strong analytical and organization skills
- Proficiency in Microsoft Office Suite and accounting software
- Candidate must pass pre-employment drug testing
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The Company
What We Do
Metals USA is a leading provider of value-added metal processing and inventory management services. They are a primary supplier of processed carbon steel, stainless steel, and manufactured metal components. Operating through a national network of service centers, the company provides world-class processing services and custom solutions, including laser cutting and welding, to a broad base of O.E.M. and metal forming customers across the United States.
