Warren Oil Company
A Credit Manager oversees a company's credit-granting process, ensuring timely payments and minimizing bad debts by assessing creditworthiness, setting credit limits, and managing loan terms and policies.
Credit Assessment:
Evaluate potential customers' creditworthiness, using credit scores, risk projections, and other factors to determine loan eligibility.
Policy Development and Implementation:
Develop, review, and update the company's credit policies and procedures, ensuring compliance with regulations.
Risk Management:
Monitor loan payments, identify potential risks, and take proactive measures to mitigate bad debts.
Record Keeping:
Maintain accurate records of loan applications, transactions, and customer credit information.
Customer Relations:
Build and maintain effective working relationships with clients, colleagues, and team members.
Collections:
Follow up on delinquent accounts and manage debt settlements and loan renewals.
Data Analysis:
Analyze credit data and financial statements to identify trends and potential risks.
Skills and Qualifications:
Education:
Bachelor's degree in accounting, business administration, finance, or a related field.
Experience:
Proven work experience as a credit manager or in a related field.
Skills:
Strong analytical and problem-solving skills, excellent communication and negotiation skills, and a good understanding of financial principles and credit management practices.
Software Proficiency:
Familiarity with JDE a +
Credit Assessment:
Evaluate potential customers' creditworthiness, using credit scores, risk projections, and other factors to determine loan eligibility.
Policy Development and Implementation:
Develop, review, and update the company's credit policies and procedures, ensuring compliance with regulations.
Risk Management:
Monitor loan payments, identify potential risks, and take proactive measures to mitigate bad debts.
Record Keeping:
Maintain accurate records of loan applications, transactions, and customer credit information.
Customer Relations:
Build and maintain effective working relationships with clients, colleagues, and team members.
Collections:
Follow up on delinquent accounts and manage debt settlements and loan renewals.
Data Analysis:
Analyze credit data and financial statements to identify trends and potential risks.
Skills and Qualifications:
Education:
Bachelor's degree in accounting, business administration, finance, or a related field.
Experience:
Proven work experience as a credit manager or in a related field.
Skills:
Strong analytical and problem-solving skills, excellent communication and negotiation skills, and a good understanding of financial principles and credit management practices.
Software Proficiency:
Familiarity with JDE a +