Regional Credit Manager

SUMMARY:   This position is an addition to the Credit Department due to significant growth and expansion within Associated Materials. This position reports to the Director of Credit for US Operations and will assist in implementing new credit and accounts receivable policies and procedures. Must be able to interact internally with all levels of management from Vice Presidents through Supply Center Managers.  OBJECTIVES: Implement credit policies and collections processes to assigned supply centers and direct accounts that ultimately result in improved cash flow and lower bad debt with an appropriate balance to sales.Assess and analyze the creditworthiness of new and existing customers and establish credit limits per customerCollaborate with key internal stakeholders to ensure the collectability of accounts and if needed determine the appropriate reserve for bad debt expense. DAY-TO-DAY RESPONSIBILITIES:Evaluate the creditworthiness of new and existing customers and advise credit limits per customer.Ensure customer exposure remains within the approved credit limits. Manage order holds/releases effectively, using sound judgment in non-standard situations.Maintain visibility to our larger customers’ creditworthiness by means of periodic credit reviews.Participate in collection efforts on high priority or high complex open accounts receivableDispute resolution and mitigationInitiate and coordinate sending significantly delinquent accounts receivable to legal for further collection activitySpecial projects as assigned by the Director of CreditKEY RELATIONSHIPS:CustomersDirector of CreditASC managers and their assistantsRegional Credit ManagersRegional Sales and Operation V P’sV P Finance and TreasuryCustomer service