National Credit Manager

Corporate Resources, on behalf of our client located in Arlington Heights, IL, is hiring a full-time Staff National Credit Manager.

National Credit Manager - Arlington Heights, IL

120k – 150k/Annually plus bonus and hybrid schedule!

We are a stable manufacturer with a 50-year tradition of growth and innovation. We are seeking a skilled National Credit Manager to oversee our Credit Department and ensure efficient credit risk management for our organization. This individual will execute a strategic plan spanning 3-5 years to advance team objectives in alignment with company-wide strategic initiatives.

PRIMARY FUNCTION:

Our National Credit Manager delivers exceptional service through the administration, coordination, and promotion of sales through credit extension. The Credit Manager is responsible for receivable control to minimize financial risk and maximize working capital and profitability and to build long-term customer relationships. Primary role is to strategically direct, manage, protect, and control the portfolio in open accounts receivable assets through the application of credit risk analysis and collection best practices while designing, developing, and implementing optimal procedures, processes, and internal control systems for improving performance to establish and maintain the highest level of customer service.

KEY AREAS OF RESPONSIBILITY:

• Develop and maintain strong relationships with national accounts while managing credit exposure and risk.
• Evaluate credit worthiness for new and existing customers by researching D&B reports, financial statements, and other available credit information
• Responsible for establishing and documenting policies, procedures, and internal controls regarding Credit and Accounts Receivable processes
• Experience in financial statement analysis along with SAP credit and collections functionality.
• Maintain a system of daily, weekly, and monthly activity reporting (including aging statistics) to monitor performance and evaluate results
• Support financial planning by designing and implementing strategies to meet revenue and profit goals
• Ensure all entries/transactions are posted for smooth closing during the month and at month-end
• Management responsibilities include work planning, delegation of assignments, motivation, and mentoring to foster a cooperative and collaborative work environment
• Work collaboratively with the sales force leadership team while maintaining the integrity of the Company’s credit practices
• Ensure compliance with credit standards and laws

REQUIRED KNOWLEDGE, SKILLS & ABILITIES:

• Bachelor's degree (BA/BS) in Accounting, Business, Finance, or a related field, or significant related experience and education that is deemed to be commensurate with the degree requirement.
• 7 years of experience with credit management in a manufacturing or distribution environment
• 1-3 years of experience in managing a team
• Skilled in business technologies, including Microsoft Office applications and Excel, along with knowledge of financial/accounting information systems and software for financial reporting and analysis
• Excellent verbal and written communication skills
• Resourceful with good judgment, initiative, and a strong work ethic.
• Experienced in supporting teamwork relationships and maintaining positive public relations

Benefits:

• Health Care Plan (Medical, Dental & Vision)
• Retirement Plan (401k, IRA)
• Life Insurance (Basic, Voluntary & AD&D)
• Paid Time Off (Vacation, Sick & Public Holidays)
• Short Term & Long-Term Disability
• Hybrid – 3 in office, 2 home weekly