Credit Manager Job Description

credit manager job description includes a detailed overview of the key requirements, duties, responsibilities, and skills for this role.

Last update : July 14, 2023

Credit Manager Job Description

A Credit Manager is responsible for ensuring that a company does not grow beyond its ability to meet its financial obligations.

A credit manager may have several titles: credit administrator, credit officer, credit analyst, or credit manager.

The credit manager is responsible for ensuring that a company’s financial statements are accurate and that the company is in compliance with its contractual obligations.

A credit manager may also handle collections and disputes.

A credit manager may be responsible for preparing and approving the company’s financial statements, annual reports, and tax forms.

The credit manager may also be responsible for making recommendations on raising capital.

By raising

Job Brief

We’re looking for a Credit Manager who can help us improve our credit department. The ideal candidate will have a strong background in credit and collections, and will be able to lead our team to success. If you have the skills and experience we’re looking for, please apply today!

Credit Manager Duties

-Develop and maintain credit policies, procedures, and guidelines
-Monitor and maintain customer credit files
-Provide customers with credit terms and reports
-Identify and attain new customers
-Develop and implement credit policies, procedures, and guidelines
-Identify and satisfy credit needs of customers
-Develop credit monitoring and reporting procedures
-Control customer payments
-Oversee collections activities
-Oversee sales credit review and approval
-Perform credit analysis
-Report credit information

Credit Manager Responsibilities

-Manage and oversee credit department activities, including underwriting, collections, account management, and resolve credit issues
-Work closely with business development and senior management to develop risk-based strategies for new and creditworthy customers
-Develop credit policies and monitor compliance with guidelines or establish new ones
-Set goals for collection process and work to improve them
-Research and resolve defaults, monitoring accounts daily for risk
-Maintain accurate customer and account lists, and reconcile all account records
-Track performance, analyze results, and propose and implement improvements
-Develop and implement credit policies and procedures
-Enforce rules, regulations, and procedures
-Collaborate with senior management to develop business goals
-Collaborate with marketing analysts to develop customer profiles and industry benchmarks
-Perform other job-related duties as assigned

Requirment And Skills

-Bachelor’s degree in business administration, finance, or a related field
2+ years of experience in credit management
-Ability to evaluate business risks and make credit decisions based on a “big picture” analysis
-Excellent verbal and written communication skills
-Ability to communicate effectively with a wide range of people

At Company Name, we believe that diversity is key to a successful business. We are committed to building an inclusive team that represents a variety of backgrounds, perspectives, and skills. We encourage applications from people of all races, religions, national origins, genders, gender expressions, and ages. We are especially interested in hearing from veterans and individuals with disabilities.


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