Job Summary
The Credit Manager will have responsibility for credit and collections for rental business unit. The ideal candidate will manage relationships both internally and externally with strong financial analysis, audit background, problem solving, and customer service skills. Must be able to work in a fast-paced environment and be detail oriented with the ability to adhere to deadlines in a timely manner. Strong written and verbal communication skills for negotiation & reconciliation are required.
Essential Functions / Responsibilities
- Review and evaluate credit applications to assess creditworthiness
- Manage credit and collection efforts for assigned business unit
- Monitor accounts receivable and identify overdue accounts
- Contact customers regarding outstanding balances and negotiate payment plans
- Review and negotiate settlements within scope of limits and authority
- Maintain accurate records of collections activities and customer interactions
- Collaborate with branch managers and regional operation managers to resolve payment issues and disputed balances
- Report on accounts receivable status and provide insights to management
- Assign and collaborate with external agencies or attorneys for debt recovery
- Performs all other duties as assigned by management in a professional and efficient manner
Skills and Experience
A bachelor's degree in finance, accounting or a related field is preferredA minimum of five years' experienceStrong Analytical skills and attention to detailExcellent communication and negotiation abilitiesAbility to work independently and manage time effectively in a fast-paced environmentAttention to detail to ensure accuracy in financial reporting and documentationKnowledge of credit risk assessment and collection proceduresStrong problem-solving skills and customer service orientationProficiency in accounting software and Microsoft OfficeKnowledge of relevant laws and regulations regarding credit and collectionsWorking knowledge of bond and lien lawThe ability to develop and implement credit policies and procedures to minimize risk and improve cash flow.