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Regional Credit Manager

Company: Turtle and Hughes
Location: Linden
Posted on: November 23, 2020

Job Description:

Turtle & Hughes is an electrical and industrial distribution company with about 900 employees. Our primary business is supplying and servicing utilities, electrical contractors, construction managers, and end-users. We strive to provide the industry---s most comprehensive range of services and solutions. This is how we have earned our ranking among the nation---s largest independent electrical and industrial distributors. Turtle & Hughes is recruiting for a Regional Credit Manager to work in our corporate headquarters in Linden, New Jersey. There is some opportunity for remote work. The Regional Credit Manager, while working independently, will support sales and profitability initiatives through the extension of customer credit and management of accounts receivable portfolios. The successful candidate will possess a thorough knowledge of finance and accounting procedures and have the ability to handle challenging situations. This position has supervisory responsibility of the credit support team. Essential Functions: Evaluate creditworthiness of new and existing customers, authorize and monitor customer credit limits, and credit-approve sales orders in accordance with delegated limits of authority and overall Company credit policies. Manage the accounts receivable portfolio of assigned profit center(s) through timely collection, follow-up with customers, resolution of disputes, and enhancement of cash flow within established days sales outstanding (DSO) and delinquency guidelines. Establish and maintain customer relationships in support of both sales and credit management initiatives. Coordinate with legal department or collection agencies as necessary, on asset recovery strategies and tactics. Assist sales management in the review and negotiation of contract and purchase order terms and conditions. Protect and enhance sales profitability through the administration of appropriate cash discount and service charge programs. Establish and maintain procedures to maximize secondary job protection (Mechanic---s Liens, Payment Bonds, etc.). Keep leadership and sales management team informed on matters related to customer accounts and credit trends. Assist in the evaluation of unapproved suppliers, and ensure customer satisfaction prior to payment of unapproved suppliers. Education, Knowledge, Skills and Abilities: Bachelors of Science in Finance or Accounting is required Minimum of 10 years of credit department experience Experience in the electrical distribution market Working knowledge of liens and bonds and commercial legal principles Must be effective in working with customers, suppliers and support team Must be an effective verbal and written communicator with excellent negotiation skills High attention to detail and excellent analytical skills Sound independent judgment and decision making skills Advanced computer skills on MS Office, accounting software and databases We offer a competitive benefits package that includes a 401(k) plan, health insurance, dental insurance, vision insurance, life insurance, paid holidays, vacation and a host of additional employee negotiated discounts. Turtle and Hughes is an equal opportunity employer with a commitment to diversity in the workforce.

Keywords: Turtle and Hughes, New York , Regional Credit Manager, Executive , Linden, New York

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