Manager of Credit
Sumitomo Electric · Raleigh, North Carolina, US
Job Title: Manager of Credit Reports To: VP Credit/Risk Job Functions - Approve/assign credit limits - Approve/assign risk classifications - Coordinate month...
Job description
Job Title: Manager of Credit Reports To: VP Credit/Risk Job Functions - Approve/assign credit limits - Approve/assign risk classifications - Coordinate monthly AR reviews and complete watch list reports - Credit review and analysis of new and existing accounts - Identify and closely monitor high risk customers - Manage credit bureau/information resources - Manage customer and AR portfolio risk in accordance with goals and objectives - Negotiate alternative selling terms/arrangements - Participate in credit industry group meetings Collections/Disputes/Recovery Job Functions: - Approve legal and third-party collections as appropriate - Communicate and enforce terms of sale and take collection action as needed - Communicate with sales and customers in respect to credit holds - Maintain credit/collection records and files in a secure environment - Manage legal files and bankruptcies, including directing the efforts of attorneys - Oversee dispute resolution process Challenges: Qualifications: - Determine, implement and manage department structure and objectives - Work closely with accounting to ensure all payments are applied and recorded - Coordinate all deduction resolutions - Establi...