at VLPlus LLC

Job Detail




3+ years minimum experience

Schedule Type

Full Time


Staten Island, NY, USA




04/18/2019, 04:01 PM


Position Title: Credit Manager Finance Department Maintain aging of at least 95% current on Store Receivables and 87% current on Vendor Receivables; manage. Responsible for the entire credit granting process, including the consistent application of Company credit policy, periodic credit reviews and maintenance of existing and new customer security held by Company & the assessment of the creditworthiness of potential customers, with the goal of optimizing the mix of company sales and bad debt losses. Manage a staff of up to four direct reports. JOB DESCRIPTION -Manage & maintain relationships with Store/Vendor Customers & Merchandiser Departments -Maintain a department organizational structure sufficient to meet all goals and objectives -Measure department performance with appropriate/agreed upon metrics -Manage relations with credit reporting agencies & credit insurance providers Operations/Responsibilities -Ensure proper security is obtained and maintained for all customers, update and audit periodically. -Report any issues recommended solutions to executive management -Daily collections & Follow Up with customers -Resolve issues & to Sr management make recommendations -Review, analyze and make recommendations on weekly aging reports -Monitor and resolve any ongoing collection issues -Lead weekly Credit Committee Meetings with executive management -Oversee billing, cash application and credit issuance to ensure timely & accurate daily/weekly customer statement invoicing process. -Oversee all special event billing, collections, tracking and reporting. -Prior Management - Team Lead Experience Required -Provide ongoing training of the credit/collections staff -Recommend changes to the credit & collection policies/strategies to Senior management as needed -Maintain and enforce corporate credit policy and internal credit scoring model provide periodic updates to senior management -Monitor the credit granting and updating process; perform periodic credit reviews for all customers -Personally investigate the largest, and all new customer credit applications -Personally visit store customers to establish relationships -Recommend process improvement and quality reviews to simplify and improve productivity -Manage the application of late fees and other penalties as needed within assigned authority -Partner & coordinate with Loans Department to maintain complete risk profiles for all store customers -Vast experience of credit reporting agencies (D&B / Equifax/Seafax) -Proficient in reading / interpreting financial statements for the purpose of underwriting credit -Prior experience with UCC filings and personal guarantees -Excellent written and verbal communications -Ability to manage relationships both internally and externally -Strong audit background, problem solving and customer service skills -Computer Skills – advanced in Excel, knowledge of SAP a plus -Well organized and detail oriented -Must be a team player -Ability to multi task in a high paced and high volume environment Requirements, Skills & Education Bachelor’s Degree in Accounting or related field 5+ years Collections and Credit Management experience