Assistant Credit Manager

2 days ago


Houston, Texas, United States DXP Enterprises Full time
Job Overview

DXP Enterprises is seeking a highly skilled Assistant Credit Manager to join our team. As a key member of our credit department, you will be responsible for leading and managing a team responsible for performing all credit and collections functions associated with high volume accounts.

Key Responsibilities:

  • Monitor performance related to credit and accounts receivable management and apply appropriate measures to ensure timely collections and drive best practices.
  • Track team performance against metrics such as Days Sales Outstanding (DSO), provide support analysis of fluctuations in metrics, portfolio aging, and accounts receivable balances.
  • Identify collection and order validations needing escalation and proactively address issues (past due items, credit limit exceeded, master data issue, etc), by driving discussions with the customer, operations and/or sales teams.
  • Monitor customer credit lines, collections and account balances to ensure compliance of established credit limits, payment terms and minimize credit exposure.
  • Intervene with customer negotiations to maximize collection of severely aged balances and reduction of bad debt exposure.
  • Review and recommend bad debt write-off amount to account for Allowance for Doubtful Accounts (AFDA) reserve.
  • Extend credit to customers within designated limit of authority and approve credit inquiries.
  • Identify delinquency drivers and facilitate action plans to drive end-to-end resolution.
  • Communicate training needs of assigned employees and work with process lead to facilitate training plans.
  • Serve as a direct backup to other department credit managers.

Requirements:

  • Degree in Accounting/Finance or related degree strongly preferred.
  • Minimum 3+ years of related experience required; including credit and collection management experience in a large public and/or global company with a track record of steadily increasing responsibility, accountability and leadership.
  • Detailed experience with summary, consignment and ERS invoicing with emphasis on supply chain customer payment processes.
  • 3 – 5 years' experience with electronic billing (ADP, Oildex, EDI).
  • Advanced Excel skills (vlookup/pivot tables/power queries).
  • Advanced analytical and risk determination skills including high degree of financial statement analysis.
  • Ability to manage multiple projects with sound business judgment.
  • Critical thinker with excellent ability to drive root cause analysis.
  • Advanced knowledge of credit assessment tools (D&B, Get Paid, High Radius, Experian, etc.).
  • Excellent verbal and written communication skills across all organizational levels.
  • Travel to customer or field locations to perform account reviews with credit specialist or sales as required.

What We Offer:

DXP Enterprises offers a comprehensive benefits package including medical, dental, vision, flexible spending, 401(k), paid holidays, life and disability insurance, and additional supplemental products. We are an equal opportunity employer and welcome applications from diverse candidates.



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