Regional Credit Manager (Closed)

Lucas Group has been engaged by a client in North Houston on a search for a Regional Credit Manager. This position will oversee a small team and will be responsible for credit review and collections process as well as letters of credit. Considerable amount of credit management experience is required.

Responsibilities:

• Interfacing with internal teams supporting and contributing to decision making on credit management aspects for new and existing accounts for all Business Units in the region.
• Managing the team, ensuring all associates are adequately trained, motivated and supported by Personal Development Plans.
• Leading Sales meetings for reporting on the company’s largest exposures and highest credit risk for the Business.
• Ensuring application of consistent credit risk assessment with global standard credit models and credit limit authority under Delegation of Authority. Recommend and approve credit limits in accordance with the Global Credit Policy and DOA for the global customers.
• Streamlining the accounts receivable processes to optimize the financial performance of the business and to minimize credit losses.
• Ensuring full compliance and monitoring of Global Credit Policy, Global High Risk Country Policy, Delegation of Authority, and SOX.
• Working with the Business Units to continually increase awareness of credit management objectives, responsibilities, and accountabilities.
• Managing the Cash Application process in the delivery of posting cash via automated cash posting and manual entry, Perform daily cash report validations. File/organize daily work according to records retention guidelines.
• Providing reporting of credit risk exposures, concentration risk, and key performance indicators. Set team targets and measure and report performance of KPIs on DSO, % overdue and credit reviews completed.
• Leading various ad hoc projects as required.

Requirements:

• Degree in a Finance or Accounting
• Bilingual Spanish, experience in a multi-cultural environment
• 5+ years experience in financial analysis, credit risk management, project and people management.
• Experience in Order to Cash processing in a manufacturing environment a plus.
• Proficiency and experience with SAP, D&B, Credit Risk Monitor and rating agencies.

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