Credit Risk Specialist
2 days ago
As a Credit Manager at Midwest Petroleum Equipment LLC, you will be responsible for managing all company-wide collection activities, including negotiating with past due accounts, establishing payment plans when needed, and making decisions on referring accounts to collection agencies and/or writing off accounts receivable in accordance with company practices.
You will also develop, implement, and manage the collections process in communication with the billing department, ensuring consistent application across all accounts. Additionally, you will manage the credit granting process, which includes running credit reports, reference checks, requesting personal guarantees, and establishing credit limits to minimize the company's risk.
Key Responsibilities:
- Manage all company-wide collection activities
- Develop, implement, and manage the collections process
- Manage the credit granting process
- Set up new customers and maintain existing customers on a regular basis
- Daily phone calls and emails to customers regarding disputed invoices or other discrepancies
- Maintain detailed records of communications with customer using the company's ERP system
- Verify and manage the lien waiver process, including payment and filing notices when applicable
- Provide ad-hoc reporting to Leadership on a regular basis regarding status of accounts
- Active participation in monthly Credit Association meetings to identify industry trends
- Develop expert knowledge on the online bill pay portal and drive customer adoption
Requirements:
- Bachelor's degree in accounting or related field preferred
- Experience with credit and account collection strongly preferred
- Five years of accounting experience preferred
- Strong proficiency in Microsoft Office, specifically Excel and Outlook
- Sound integrity and professional ethics
- Excellent analytical and problem-solving skills
- Outstanding communication and interpersonal skills
- Ability to multitask, prioritize, and complete assignments on time
- Highly detail-oriented and organized
- Willingness to own and lead projects
- Ability to collaborate and work independently
- Excellent time management with the ability to multitask
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