Senior Credit Operations Manager

2 weeks ago


Irmo, South Carolina, United States Cregger Company Full time


Cregger Company, a prominent wholesale distributor specializing in Plumbing, HVAC, and electrical products, is in search of a seasoned Credit Operations Manager to lead and manage a crucial segment of our regional operations.

This role requires a comprehensive understanding of credit management, including financial analysis, account initiation, collections, and familiarity with legal instruments such as mechanic liens, bonds, guarantees, and joint checks, as well as other operational aspects pertinent to credit management.

The receivables managed will approximate 65 million monthly, serving a diverse customer base of around five thousand across multiple locations.

Key Responsibilities:

  • Supervise a dedicated team to ensure that credit is granted to customers in alignment with company policies, while streamlining the credit evaluation and approval process.
  • Monitor aging accounts closely and determine appropriate actions for delinquent accounts.
  • Develop and implement a systematic follow-up and collection program for accounts at risk of becoming bad debts, taking into account overdue payments and customer financial stability.
  • Engage directly with delinquent accounts when necessary to effectively recover debts and establish future payment terms.
  • Maintain thorough records of all debt recovery efforts, including communication logs, payment agreements, and any legal proceedings.
  • Evaluate the necessity of legal action based on the severity of delinquency and the potential for successful recovery.
  • Review lien filing reports daily to safeguard and enforce bond and lien rights.
  • Stay informed about local, state, and federal regulations to ensure compliance in all debt recovery activities.

Qualifications:

  • 5-10 years of hands-on experience in credit and collections is preferred.
  • A minimum of 5 years of experience in the construction sector.
  • A Bachelor's degree in Accounting or Business is advantageous.
  • Exceptional customer service skills, both internal and external.
  • Proficient in computer software, particularly Microsoft Office Suite, including Excel, Teams, and Word, with the ability to quickly adapt to proprietary software.
  • Capable of proposing and implementing process improvement recommendations.

Benefits:

  • Bonus pay
  • Paid Holidays
  • Paid Time Off (PTO)
  • 401(k) plan
  • Employee Referral Program
  • Health, Vision, and Dental Insurance

Pay: 80k-100k

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