Senior Credit Manager

Company: Canam Steel Corporation
Location: Remote
Posted on: May 28, 2023

Job Description:

JOB SUMMARY: Directs all credit & collections activities for the Division in accordance with the established policies, practices and procedures of the Parent Company resulting in maximum sales, sound receivables and their prompt conversion to cash. ESSENTIAL FUNCTIONS:Analyzes requests for credit to determine information and security needed; performs investigation personally or through agency; extends or denies credit in accordance with established Company policy and terms.Establishes credit lines for individual accounts and makes all credit arrangements on a project to project basis. Verifies and applies construction lien procedures for the state in which project is being built.Reviews terms and conditions of contracts and Labor Material Payment Bonds; consults with supervisor concerning unusual terms; consults with supervisor on complex problems and issues involving policy decision.Systematically reviews and collects receivables on a regular basis, ensuring accounts are in reasonably sound condition.Checks balances monthly, taking steps to prevent past-due accounts; takes action on delinquent accounts; prepares files of difficult cases for V.P. Credit.Represents the company at creditor's meetings and customer bankruptcy proceedings.Consults with supervisor and appropriate management on complex collection situations.Obtains supervisory approval for acceptance of notes, compromise settlements, partial payments, time extensions, and the writing off of uncollectible accounts.Arranges for forced collections, the filing of suits or bankruptcy claims and provides complete information to representatives.Supervises the processes and procedures related to recorded contracts, use of collateral, insurance claims, lien instruments, etc.Takes appropriate action on collection irregularities (payment discrepancies, unearned discounts), adjustments (shipment errors, etc.), and customer complaints and inquiries.Handles collection correspondence.Carries out established programs for controlling the credit function.Prepares and submits periodic operating reports to supervisor on the status of receivables.Maintains a positive work atmosphere by communicating in an effective manner with customers, co-workers, clients and supervisors. In addition, must maintain effective relationships with financial institutions, credit sources and the trade.Has full authority within approved policies, procedures, standards, and defined limits on credit matters within the designated area of responsibility. Deviations are subject to approval from higher authority, but the Credit Manager's judgment frequently influences decisions.Other responsibilities include: interviewing, hiring, training employees; planning, assigning and directing work. Appraising performance, addressing complaints and resolving problems.Performs other job duties as assigned by supervisor.REQUIREMENTS:Associates Degree (AA) in finance or business administration and two - five years of experience and/or training or the equivalent combination of education and experience.Training in credit management and collectionComputer skills to include: MS Excel and WordEffective oral and written communication skillsMust be familiar with lien and bond laws.Familiarity with construction contract forms and applications for payment.PDN-993d6119-8b77-48fc-b98a-181a2ffb1dd0

Keywords: Canam Steel Corporation, Eugene , Senior Credit Manager, Accounting, Auditing , Remote, Oregon