Credit Manager (Working Capital)

Job Summary:

The Credit Manager (Working Capital) plays a crucial role in managing the organization's credit policies and procedures to optimize cash flow and minimize financial risks. This position is responsible for assessing creditworthiness, managing the credit portfolio, and fostering strong client relationships to support business growth and sustainability.

Key Responsibilities:

• Develop and implement credit policies and procedures that align with the company's financial objectives and risk appetite.
• Analyze credit data and financial statements to evaluate the creditworthiness of potential and existing clients.
• Monitor and manage the credit portfolio to minimize risk and ensure timely collections while fostering positive customer relationships.
• Collaborate with sales and finance teams to set credit limits and terms that support sales while safeguarding company assets.
• Conduct regular reviews of customer accounts, identifying potential risk factors, and taking appropriate action when necessary.
• Prepare detailed reports on credit status, delinquency trends, and risk exposure for senior management.
• Lead negotiations for payment terms with clients, ensuring that agreements balance customer needs with company policies.

Requirements:

• Bachelor's degree in Finance, Accounting, Business Administration, or related field.
• Proven experience in credit management, financial analysis, or a related area (typically 5+ years).
• Strong knowledge of credit assessment techniques and financial regulations.
• Proficiency in financial software and Microsoft Office Suite, particularly Excel.
• Excellent analytical skills with the ability to interpret complex financial data.
• Effective communication and negotiation skills to interact with clients and internal stakeholders.
• Detail-oriented with strong organizational skills to manage multiple priorities effectively.

Preferred Qualifications:

• Master’s degree in Finance or related field is a plus.
• Professional certification such as Credit Business Manager (CBM) or Certified Credit Executive (CCE).
• Experience with automated credit management software and systems.
• Familiarity with international trade finance and export credit processes.
• Proven track record of improving credit processes and reducing risk exposure in previous roles.

Benefits:

• Competitive salary and performance-based bonuses.
• Comprehensive health, dental, and vision insurance plans.
• 401(k) retirement plan with company match.
• Generous paid time off and holiday leave.
• Opportunities for professional development and career advancement.
• Flexible work arrangements, including remote work options.
• Employee wellness programs and resources to support work-life balance.