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MacAllister Machinery Co., Inc. · 1 day ago

Assistant Manager - Credit

Indianapolis, IN

Full-time

Onsite

Mid, Senior Level

7+ years exp

MacAllister Machinery Co., Inc. is seeking an Assistant Manager - Credit to assist in managing the Company’s credit service operations. This role involves assessing creditworthiness of customers, managing portfolio credit risk, and ensuring compliance with internal policies and external regulations.

Manufacturing

Responsibilities

Monitors service levels and metrics of the credit service operations department to assess departmental performance and ensure service level commitments and quality standards are consistently maintained

Evaluates trade credit applications and conducts thorough assessments and financial analysis of new and existing customers to determine credit risk

Recommends and timely renders credit determinations for new and existing customers in accordance with Company policies

Monitors customer credit limits, utilization and business conditions to identify potential issues and risks; proactively manages delinquencies and recommends strategies to mitigate loss

Assists in the implementation and maintenance of corporate credit policies and procedures

Develops, implements and refines procedures and processes to perform credit functions in the most efficient and effective manner. Assesses and implements new technology, automation and other resources to improve performance and reduce risk

Collaborates with sales, operations and credit management to balance sales opportunities with an appropriate risk tolerance; recommends arrangements and structures to mitigate risk of loss and resolve credit-related issues

Provides reporting and analytics on credit performance, risk exposure and portfolio health; monitor trends and performance indicators to proactively identify and address issues

Assists with the collection of troubled customer accounts; coordinates with legal counsel on difficult collection matters

Assists with bond claims/notices/lien filings to protect the Company’s assets

Establishes and maintains effective work relationships within the department, Company and community; maintains professional competence, knowledge and skill necessary for the satisfactory performance of assigned responsibilities

Provides mentorship and guidance to team members

Performs other credit and financial related analyses, tasks and projects as assigned by management

Responsible for the execution and interpretation of policies and for the successful operation of assigned units. Has authority for hiring and disciplining employees. May be responsible for directing the work of first-line supervisors

Qualification

Credit risk managementFinancial analysisCreditCollection practicesNACM accreditationData manipulation toolsERP systemsCRM systemsManagement experienceCommunication skillsProblem-solving skillsInterpersonal skillsTime management

Required

Bachelors Degree from an accredited college or university in accounting, finance, business administration, economics or a related field

Minimum of 7 years of general business experience in accounting, finance or operational management, with at least 4 years of credit/risk management and collections experience in a complex corporate environment, preferably with a large customer base and significant volumes

Thorough knowledge of credit and collection related practices and applicable laws

Management/supervisory experience

Preferred

NACM (National Association of Credit Management) accreditation, such as, CCRA (Certified Credit and Risk Analyst) or CBA (Certified Business Associate)

Experience with data manipulation/analytics tools, Enterprise Resource Planning (ERP) systems and Customer Relationship Management (CRM) systems and Customer Service system modules/tools

Familiarity with industrial, construction and rental industries and lien laws