Credit Manager job description

What is a Credit Manager?

A Credit Manager is a financial professional responsible for overseeing an organization's credit and collections activities. They develop and implement credit policies, manage risk assessment procedures, and lead a team of credit analysts. This role serves as a crucial bridge between sales and finance departments, ensuring that the company extends credit to reliable customers while protecting against potential financial losses. The position requires a unique blend of analytical skills, financial acumen, and relationship management abilities.

What does a Credit Manager do?

Credit Managers perform several key functions: They analyze financial statements and credit reports to assess customer creditworthiness, establish credit limits, and set payment terms. They develop and enforce company credit policies and procedures, manage collections for overdue accounts, and make decisions about credit extensions. Additionally, they monitor accounts receivable aging reports, negotiate payment plans with customers, and may initiate legal action for severely delinquent accounts. They also collaborate with sales teams to support business growth while maintaining risk control standards, and they prepare reports on credit department performance for senior management.

Job Overview

We are seeking an experienced Credit Manager to oversee our credit granting process, assess customer creditworthiness, and minimize bad debt risks. The ideal candidate will develop credit policies, establish credit limits, and manage collections while maintaining positive customer relationships. This role requires strong analytical skills and expertise in financial risk assessment.

Credit Manager responsibilities include:

Must-Have Requirements

Preferred Qualifications

Bonus Skills