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Credit and Collections Manager
Credit and Collections ManagerCFS • Baltimore, MD, US
Credit and Collections Manager

Credit and Collections Manager

CFS • Baltimore, MD, US
9 days ago
Job type
  • Full-time
Job description

Credit and Collections Manager

Working with a very stable company in the area looking to hire Credit & Collections Manager. The team has excellent tenure, the benefits are great, and there's room to make this role your own!

Salary : up to 90K base

Why This Opportunity Stands Out :

  • Working with a stable company that has been around for 50+ years.
  • Lots of autonomy to assess and improve the processes - this position will not be micromanaged
  • Great health insurance and dental insurance with low premiums
  • Excellent Tenure on the team

Key Responsibilities of the Credit and Collections Manager :

  • Credit Policy & Strategy : Develop, implement, and continuously update credit policies to manage risk, ensure regulatory compliance, and align credit limits and terms with company objectives.
  • Credit Evaluation & Decisioning : Oversee credit evaluations, analyze financials and applications, make informed credit decisions, and regularly review existing accounts to adjust limits as needed.
  • Team Leadership : Lead, mentor, and develop the credit team; assign tasks, balance workloads, and conduct performance evaluations to support growth and strong performance.
  • Risk Management & Collections : Identify and mitigate credit risks, monitor aging reports, coordinate collection efforts, and partner with sales and customer service to resolve credit-related issues.
  • Reporting & Analysis : Prepare and present credit portfolio reports, analyze financial data to inform risk decisions, and stay current with industry and regulatory standards to maintain best practices.
  • Qualifications for the Credit and Collections Manager :

  • 5-7 years of credit management or related experience, including at least 3 years in a supervisory role.
  • Construction industry experience preferred.
  • Strong proficiency in credit management software, ERP systems (preferred), and Microsoft Office-especially Excel for analysis and reporting.
  • Solid understanding of accounting principles, financial analysis, and credit evaluation / risk assessment.
  • Excellent written and verbal communication skills, with the ability to present financial information to non-financial audiences.
  • Highly organized, detail-oriented, and able to manage multiple priorities in a fast-paced environment.
  • Proactive mindset with a focus on continuous improvement.
  • #ZRCFS

    #LI-LP6

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    Collection Manager • Baltimore, MD, US

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