SRS Distribution Inc.

Area Credit Manager

SRS Distribution Inc.

full-time

Posted on:

Location Type: Hybrid

Location: Boston • Connecticut • Massachusetts • United States

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Salary

💰 $77,400 - $102,400 per year

About the role

  • The Area Credit Manager role at SRS exists to safeguard and expedite recovery of the company's assigned account receivable portfolio, under the oversight of the Regional Credit Manager.
  • The incumbent will handle collection calls, customer account reviews, provide guidance on account status to internal teams, process credit applications and job accounts, while also maintaining diligent notes on clients within the company system.
  • This role also necessitates strategic collaboration with both internal and external stakeholders, and involves direct training for progression into a Regional Credit Manager role.
  • Oversee and manage the company's accounts receivable portfolio, ensuring timely collection and safeguarding of assets.
  • Make consistent collection calls on due and overdue accounts receivable, documenting each interaction for record keeping.
  • Regularly review and release orders from ticket holds after careful evaluation.
  • Process and approve credit applications, extending and maintaining credit lines within authority level.
  • Provide continuous oversight of lien and bond rights, requiring thorough knowledge of notices, mechanics liens, and bond claim processes to ensure collection of job balances.
  • Communicate proactively with both internal and external clients to ensure clear understanding of account statuses, credit applications, and company's credit policy.
  • Track and reconcile any deductions, overseeing joint-check payments and enforcing company credit policy consistently.
  • Participate fully in credit team meetings, contributing to department-wide discussions for continuous improvement.

Requirements

  • Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
  • Minimum 5 years of experience in Credit Management, preferably within a similar industry.
  • Credentialed as a Credit Business Associate (CBA) from the National Association of Credit Management is preferred.
  • Proven experience with the protection and collection of account receivable (AR) portfolios, including making collection calls and providing lien/prelien support.
  • Demonstrated excellence in communication and negotiation skills to effectively liaise with internal and external stakeholders.
  • Proficiency in evaluating and releasing orders from ticket hold, and maintaining accurate notes in company computer systems.
  • Experience in processing and approving credit applications and establishing credit lines within authority level.
  • Demonstrated abilities in deduction tracking and reconciliation, handling joint check reviews and enforcing credit policies.
  • Proficient in guiding and educating sales teams and customers, in addition to coordinating with the sales team and credit team.
  • Experience in monitoring deadlines for Notices, mechanics liens and bond claims.
  • Exceptional analytical ability and attention to detail.
  • Adept at working independently without close oversight, but also a team player who productively collaborates with immediate team and across functions.
  • Proficient with MS Office Suite, especially Excel; experience with company-specific software would be beneficial.
  • Excellent business acumen, professional demeanor, and strong ethical judgement.
  • Ability to meet assigned deadlines, including strong multitasking and organizational skills, and learning agility.
  • Familiarity with cash application interaction and participation in credit team meetings as well as key performance indicator reviews is preferred.
Benefits
  • Competitive salaries for all team members paid weekly
  • 401(k) Retirement Plan with company matching
  • Employee Stock Purchase Plan
  • Paid Vacation, Sick Time, Holidays, Birthday, and Floating Holidays
  • Paid Parental Leave
  • Medical, Dental and Vision Benefits
  • Flexible and Dependent Care Spending Accounts
  • Company paid Life insurance and Short-Term Disability
  • Additional Life Insurance and Long-Term Disability also offered
  • Safety Program with Bonuses for our Drivers
  • Employee Referral Bonus Program
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
Credit ManagementAccounts ReceivableCollection CallsCredit Applications ProcessingDeduction TrackingReconciliationLien Rights KnowledgeBond Claim ProcessesOrder EvaluationCredit Policy Enforcement
Soft Skills
Communication SkillsNegotiation SkillsAnalytical AbilityAttention to DetailMultitaskingOrganizational SkillsTeam CollaborationIndependenceLearning AgilityProfessional Demeanor
Certifications
Bachelor’s DegreeCredit Business Associate (CBA)