Credit Management Associate

3 weeks ago


Peterborough, New Hampshire, United States New Hampshire Ball Bearings Full time
Job Overview:
Join New Hampshire Ball Bearings, Inc. (NHBB), a premier manufacturer of precision bearings and intricate bearing assemblies serving various high-tech industries including aerospace, defense, and medical sectors. We are dedicated to fostering a safe and healthy work environment for our employees while maintaining strong partnerships with our clients and communities.

Position Summary:
The Credit and Collection Specialist will oversee the daily operations related to credit and collections across all NHBB divisions. This role demands proficiency in implementing effective credit management strategies in alignment with company policies and practices.

Key Responsibilities:
1. Evaluate new customer applications, conducting thorough credit assessments utilizing D&B, banking, and trade references to determine suitable sales terms.
2. Regularly review existing customer credit limits, ensuring they are updated based on account activity and payment history.
3. Execute systematic follow-ups for payment collections, including making reminder calls and obtaining proof-of-delivery documentation to facilitate timely payments.
4. Process daily customer payments and investigate any discrepancies or short payments, making necessary adjustments.
5. Handle Credit Memo and Special Billing requests efficiently.
6. Address inquiries regarding customer account statuses from various internal and external stakeholders.
7. Participate in relevant seminars and conferences to enhance professional knowledge and skills.

Qualifications:
- A degree in Finance or a related field is preferred.
- A minimum of 2 years of experience in credit management within a business-to-business context is desirable.

This position is strictly on-site. NHBB is committed to employing individuals who are legally authorized to work in the United States. We do not offer sponsorship for work authorization. Reasonable accommodations may be provided for individuals with disabilities to perform essential job functions.

NHBB is an equal opportunity employer, and all applicants will be considered without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, or disability status.
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