CFS · 12 hours ago
Senior Credit Manager
Livingston, NJ
Full-time
Onsite
Senior Level, Lead/Staff
$150K/yr - $170K/yr
10+ years expCFS is a performance-driven organization seeking a Senior Credit Manager to lead their credit and collections strategy across multiple business units. The role involves ensuring strong credit controls, minimizing bad debt exposure, and aligning credit policies with business objectives while partnering with Sales, Finance, and Executive Leadership.
Human ResourcesStaffing Agency
Responsibilities
Oversee the credit and collections function across multiple business operations
Develop, implement, and enforce strong credit policies to minimize risk and bad debt
Maintain delinquency at or below targeted thresholds (overall overdue target: 2.0%)
Direct credit approval decisions, including setting customer credit limits
Lead collection strategies and resolve high-risk or complex delinquent accounts
Recommend and manage bad debt write-offs and submission of accounts to external collection agencies
Monitor trends through data analysis and benchmarking against industry peers
Prepare and present monthly reporting to leadership on credit performance, A/R health, reserves, and risk exposure
Act as a strategic partner to Sales and Business Unit leaders, balancing revenue growth with prudent credit risk management
Drive process improvements, workflow efficiencies, and system enhancements
Develop and deliver ongoing training for the credit team on compliance, risk management, and best practices
Directly manage a team of eight (8) employees, including three (3) Team Leads
Foster a high-performance culture through coaching, performance management, and professional development
Qualification
Required
10+ years of progressive experience in credit and collections
Background in commercial credit, preferably within a manufacturing or industrial environment
Bachelor's degree in Finance, Accounting, Business, or a related field
In-depth knowledge of U.S. Bankruptcy Law, bankruptcy procedures, and credit risk exposure
Proven expertise in credit risk assessment, collections strategy, and financial analysis
Strong leadership, communication, and cross-functional collaboration skills
Company
CFS
Founded by CPA firms in 1994, Creative Financial Staffing has spent over 30 years helping job seekers and employers succeed.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Dan Casey
CEO, Founder
Company data provided by crunchbase