Banking & Financial Services

Credit Manager

CFS

Illinois · Oak Park · United States

Ready to take ownership of a high-impact Credit Manager role where your decisions directly influence cash flow, customer relationships, and business performance? This is an exciting opportunity to join a growing industrial organization and play a key role in protecting and optimizing financial assets.

Credit Manager
Salary: 80-100 K + Bonus

Why This Opportunity Stands Out:
  • High-visibility role with direct interaction across Finance, Sales, and Operations
  • Opportunity to influence credit strategy and improve cash flow performance
  • Blend of leadership, analysis, and relationship management responsibilities
  • Ability to drive process improvements and strengthen credit and collection practices
  • Stable, established organization with a strong reputation in the market
  • Exposure to executive leadership and key customer relationships
  • Opportunity to mentor and develop team members while building best practices
  • Meaningful impact on business success through risk management and working capital optimization
Key Responsibilities for the Credit Manager:
  • Review and evaluate customer credit applications and establish appropriate credit limits
  • Analyze customer financial information, credit reports, and references to assess risk
  • Monitor accounts receivable aging and lead collection efforts on past-due balances
  • Manage customer credit holds and approve order releases in accordance with company policies
  • Investigate and resolve customer account and payment discrepancies
  • Maintain accurate customer credit files and documentation
  • Partner with Sales and Operations to balance customer service and risk management objectives
  • Ensure compliance with company policies, procedures, and internal controls
  • Prepare reporting and analysis related to credit exposure, collections, and bad debt reserves
  • Support special projects and continuous improvement initiatives as needed
Qualifications for the Credit Manager:
  • Bachelor's degree in Accounting, Finance, Business, or related field preferred
  • 5+ years of progressive credit, collections, accounts receivable, or finance experience
  • Strong understanding of credit analysis, collections, and risk assessment practices
  • Experience working within manufacturing, distribution, industrial, or related environments preferred
  • Proficiency with ERP systems and Microsoft Excel
  • Excellent analytical, communication, and problem-solving skills
  • Knowledge of GAAP and financial reporting principles is a plus

Reference: 3139191455

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