Arrow Electronics · 23 hours ago
Senior Credit Manager, Financial Services
Englewood, CO
Full-time
Hybrid
Mid, Senior Level
$117K/yr - $151K/yr
7+ years exp
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Responsibilities
Manages Team of 22 (4 managers, 18 staff split about equally between Denver and Guadalajara, Mexico)
Manages credit, collections, financing arrangements for Arrow's largest business unit (by sales dollar value) and has customers with the largest credit lines in the company
Monitor and drive team performance to ensure credit line approvals and renewals are completed timely and are fully supported and approved
Monitor and drive team collection performance (presently averages between 94-96% current)
Determine strategies to gain customer payments when billing errors and/or customer disputes occur and develop workout plans for financially distressed customers
Work with the Sales Team to coordinate new customer buying intentions to establish adequate credit lines while mitigating AR risk to the Company
Communicate with all levels of finance leadership in customer companies to gain financial data to determine credit lines and assess financial risk
Assess and negotiate customer payment terms
Communicate and report AR metrics (at quarterly Finance leadership meeting and at other times when required)
Trained in and knowledge of U.S. bankruptcy laws and how to handle a customer debt should a bankruptcy occur
Qualification
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Required
Minimum 7 consecutive years Credit Manager experience managing a team of at 'least' 5 members required
Credit Management with 'commercial' companies required
Strong communication and negotiation skills required
Ability to analyze and assess large quantities of financial data and report it in a condensed, concise manner to leadership
Experience and ability to work effectively with all levels of an organization to solve problems (from staff to piers to senior leaders)
Bachelor degree in Accounting, Finance, Economics or Business Administration (or a related field) required
Preferred
Experience working in a distribution business a plus
Oracle systems experience a plus
Benefits
Medical, Dental, Vision Insurance
401k, With Matching Contributions
Short-Term/Long-Term Disability Insurance
Health Savings Account (HSA)/Health Reimbursement Account (HRA) Options
Paid Time Off (including sick, holiday, vacation, etc.)
Tuition Reimbursement
Growth Opportunities
Discounted RTD Passes, with convenient office location off RTD Light Rail (Dry Creek Exit)
On-site Café with Catering Option for Busy Lifestyles
24/7/365 On-site Gym and Lockers, Free for Use to All Employees!
Bike Racks
And more!
Company
Arrow Electronics
Arrow Electronics designs, manufactures and distributes electronic components for industrial and commercial sectors. It is a sub-organization of Arrow Electronics.
10001+ employees
H1B Sponsorship
Arrow Electronics has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2023 (37)
2022 (81)
2021 (52)
2020 (78)
Funding
Current Stage
Public CompanyTotal Funding
unknown1978-01-13IPO
Leadership Team
Sean J. Kerins
President and Chief Executive Officer
Raj Agrawal
Chief Financial Officer
Recent News
2024-12-17
thefly.com
2024-12-17
2024-12-13
Company data provided by crunchbase
