Credit Manager

WHO WE ARE -

Johnstone Supply is a leading wholesale distributor for heating, cooling, and refrigeration supplies and equipment. We are locally owned and operate across 5 states as one of the nation's largest HVAC/R distributors. Johnstone Supply offers superior customer service, technical advice and training seminars and feature the industry’s most respected catalog (available both in digital and online) featuring more than 80,000 quality parts, supplies and equipment.

OPERATION HOURS -

Monday - Friday between 7:00am - 5:00pm

SALARY RATE -

Pay rate: $85,000 - $95,000 / year

The Ideal Candidate:

• Familiarity with the specific industry in which the company operates, understanding industry-specific credit risks.
• Previous experience managing a credit or finance team, demonstrating leadership and team-building skills.
• Strong financial analysis skills with the ability to assess the creditworthiness of individuals and businesses.
• Experience in developing and implementing credit policies that align with business objectives and comply with industry regulations.
• Proven ability to identify, assess, and mitigate credit risks effectively.
• Experience in managing relationships with customers, sales teams, and other stakeholders to ensure smooth credit processes.
• Knowledge of collections processes and strategies to minimize delinquencies and maximize recoveries.
• Familiarity with credit reporting agencies and the ability to interpret credit reports.
• Understanding of legal and regulatory compliance related to credit management, including knowledge of fair lending practices.

ESSENTIAL DUTIES AND RESPONSIBILITIES -

• Responsible for leading, managing, and developing internal accountability by creating a high-performing Credit Analysts team.
• Manage a team of Credit Analysts and ensure the efficient and timely completion of credit risk analysis.
• Develop credit policies and procedures to ensure adherence to credit standards and regulations.
• Compile reports producing data related to bad debt and accounts at risk.
• Monitor credit risk and recommend appropriate strategies to minimize risk
• Develop and maintain relationships with existing and potential clients
• Identify and analyze market trends to develop credit policies that meet the changing needs of the organization
• Train and mentor Credit Analysts
• Prepare and present credit analysis reports to senior management
• Collaborate with other departments to ensure accurate and timely completion of credit analysis
• Conduct periodic reviews of credit policies and procedures and recommend updates to ensure compliance with regulations
• Review credit applications and make recommendations for approval or rejection

QUALIFICATIONS -

• Bachelor’s degree in Business, Finance, Accounting, or related field
• 5+ years of experience in credit analysis, credit risk management, or related role
• Proven track record of successful credit analysis and decision-making
• Advanced knowledge of spreadsheets, database software, and other financial software

BENEFITS -

• Paid Vacation / Holidays / Sick Leave
• Medical Insurance
• Dental Insurance
• Vision Insurance
• Company paid Life Insurance
• Company paid Long-Term Disability Insurance
• Flexible Spending Account for Medical and Dependent Care
• Health Savings Account with generous company contribution
• Colonial Life Supplemental Policies
• 401(k) Plan with generous company match