Director of Credit

Found in: Appcast Linkedin GBL C2 - 2 weeks ago

Township of Delran, United States Sonepar USA Full time

Are you ready for your next career opportunity?

At Cooper Electric successful associates drive our mindset of adapt, dare, and learn. Our associates are encouraged to lead innovation, embrace technology-driven solutions, and thrive in an environment that promotes personal and professional growth. You will be empowered to create best-in-class business strategies and contribute to a customer-centric environment that delivers outstanding results.


What you will do

  • Direct and lead the credit function for the Billows Electric territory by establishing goals against performance indicators, including aging, Day’s Sales Outstanding, and minimizing bad debt write-offs.
  • Provide monthly input to receivables forecast.
  • Develop a credit risk strategy and lead implementation across the team.
  • Initiate process improvement initiatives that support the use of technology and streamline the credit and collections process.
  • Build and maintain working relationships with sales partners as well as customers.
  • Provide input on credit investigation for potential new accounts.
  • Determine and administer other financial alternatives of payment such as, but not limited to, joint checks and letters of credit.
  • Assign and monitor credit limits to present and potential customers under established policies. Establish credit limits for individual accounts.
  • Periodically review accounts to adjust credit limits to reflect the current financial position and payment habits of the customer.
  • Determine appropriate Hold Periods for accounts to ensure that orders are not processed when perceived credit risks do not warrant additional exposure.
  • Determines when internal collections efforts are no longer effective. Recommends 3rd party collection efforts and provides enough detail to warrant referral to a 3rd party.
  • Review listings of prior year debits and credits to ensure that these items are being handled along with the usual collection efforts.
  • Reviews settlement offers and makes recommendations.

What you will bring

  • BS in Business with a concentration on Account, Finance, or other related discipline.
  • Credit experience within the NYC market, preferably in the construction industry.
  • A minimum of fifteen years of progressive experience in the credit/collections field.
  • A minimum of five years in a leadership position.
  • Strong verbal and written communication skills with the ability to present data for decision-making purposes

Physical Requirements and Work Environment

  • The ability to sit, stand, and walk for the full length of the assigned shift.
  • Strong interpersonal skills with demonstrated success working in teams, as well as interaction and cooperation across functions.
  • This job is performed within an office environment.
  • Travel by car and/or train to Cooper sites, as well as customers within the NJ, NY, and PA footprint is expected.

Salary Range:

Location: Delran, NJ

Work Hours: Monday - Friday, 8 a.m. - 5 p.m.

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