Ferguson Enterprises, Inc. Credit Manager in Asheville, North Carolina
Auto req ID 27276BR
Location NC - Asheville
Posting Title Credit Manager
Responsibilities Credit Manager
If a career with an organization that rewards performance and provides a stable and supportive environment for its associates nationwide sounds good to you, Ferguson may just be the place for you. Our people are our biggest asset and share a common passion for customer service, which has helped shape us into the industry leader we are today.
We are currently seeking the right individual to fill an immediate need for a Credit Manager in our Asheville, NC location. If you have familiarity and experience with credit, collections and accounts receivable coupled with an interest in contributing directly to the bottom line of a multi-billion dollar organization, this is the position for you!
As Credit Manager, you will administer the daily credit and collection management duties of the credit department within the guidelines set forth in the company credit policy manual consistent with the various approval limits assigned to each credit manager. The execution of this task must be accomplished in the manner which is both sales supportive, minimizes credit losses and maximizes return on accounts receivable investment.
Some responsibilities include, but are not limited to, the following:
Conduct or supervise credit investigations on existing and potential customers to extend or raise credit limit
Review credit information obtained, evaluate the credit risk and approve or decline credit accounts
Monitor monthly balances of customers
Follow closely the course of aging accounts and determine action to be taken personally or by assistants on delinquent accounts
Plan and maintain a program for the systematic follow-up and collection of receivables
Review and manage credit limits daily
Review lien filing report daily to protect and enforce bond and lien rights
Follow up on disputes in a timely manner and work with salespeople and customers to resolve.
Facilitate bad debt recovery by monitoring potential write-offs and collecting on previous write-offs, and taking legal action when necessary
Obtain and maintain a working knowledge of all local, state, and federal laws and regulations pertaining to the management and collection of accounts receivable including but not limited to: Anti-Trust, Liens, Bonds Fair Debt Collection Act, Equal Credit Opportunity Act, Record Retention, Sarbanes-Oxley, and the Uniform Commercial Code
Work with customers in the branch and visit them onsite regularly, either with salespeople or alone.
Extend credit to customers in accordance with established company policies and terms in a timely manner
Evaluate the need for joint check agreements for job accounts
Personally handle credit beyond subordinates authority, major accounts requiring individual attention, marginal accounts, problem accounts, special credit arrangements, and deviations from standards
Develop a productive team by hiring, training, and providing professional development
Provide communication and motivational techniques in supervising, coaching, and disciplining associates
A successful Credit Manager will possess the following:
Bachelor’s Degree in the Finance field preferred
2+ yrs Credit Management Experience required
Experience in Credit, Collections, and/or Accounts Receivables in the Construction industry
Self confident, strong communication skills and inquisitive
Good judgment, problem solving skills, and ability to see the “big picture”
Handle stress, manage time and people and analyze numbers
The Company is an equal opportunity employer as well as a government contractor that shall abide by the requirements of 41 CFR 60-300.5(a), which prohibits discrimination against qualified protected Veterans and the requirements of 41 CFR 60-741.5(A), which prohibits discrimination against qualified individuals on the basis of disability.