Credit & Accounts Receivable Manager Wholesale Distribution & Manufacturing
Location: Sun Valley, CA
Reports To: CFO / Controller
Position Summary:
We seek an experienced Credit & Accounts Receivable Manager to oversee credit policies, risk assessment, collections, and the full accounts receivable process for our wholesale distribution and manufacturing business. This role is critical in optimizing cash flow, minimizing bad debt risk, and maintaining strong customer relationships while ensuring the company's financial health.
Key Responsibilities:
· Credit Management & Risk Assessment:
· Develop and enforce credit policies to mitigate risk while supporting sales growth.
· Evaluate credit applications, financial statements, and credit reports to determine customer creditworthiness.
· Approve or recommend credit limits and payment terms based on financial analysis and risk assessment.
· Monitor customer accounts and adjust credit lines as needed to ensure responsible credit management.
Accounts Receivable Management:
· Oversee and manage the full accounts receivable (A/R) cycle, ensuring timely invoicing and payment processing.
· Maintain an organized and efficient A/R system, ensuring accuracy in billing and account reconciliation.
· Monitor and analyze A/R aging reports, proactively addressing overdue accounts to minimize delinquencies.
· Implement best practices to improve cash flow, reduce DSO (Days Sales Outstanding), and enhance collection efforts.
Collections & Customer Relations:
· Manage collections efforts, working closely with customers to resolve outstanding balances while maintaining strong relationships.
· Develop strategies to reduce overdue accounts, including payment plans, escalations, and legal actions when necessary.
· Work in collaboration with the sales and customer service teams to balance credit risk with business growth.
Legal & Compliance:
· Ensure compliance with company policies, industry regulations, and legal requirements related to credit and A/R.
· Manage relationships with credit insurance providers, collection agencies, and legal counsel as needed.
· Provide senior management with regular reports on credit performance, risk exposure, and A/R metrics.
Qualifications & Experience:
· 5+ years of experience in credit management and accounts receivable, preferably in wholesale distribution or manufacturing.
· Strong knowledge of credit analysis, financial statements, and risk assessment.
· Experience managing A/R processes, collections, and mechanics lien laws.
· Proficiency in ERP systems and accounting software; experience with Acumatica is a plus.
· Excellent negotiation, problem-solving, and communication skills.
· Degree in finance, accounting, or a related field preferred.
Why Join Us?
· Be part of a well-established, growing company with over $50M in annual revenue.
· Play a key role in the company's financial strategy and stability.
· Competitive salary, benefits package, and opportunities for professional growth.
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