Commercial Credit Manager - Conserv FS - Woodstock, IL

Conserv FS is a full-service agriculture cooperative offering high quality turf, energy, and agronomy products and services for the purpose of improving customer profitability since 1928. Conserv FS is headquartered in Woodstock, IL and serves patrons in southeastern Wisconsin and northern Illinois. Backed by a track record of success, an excellent group of employees, and a strong financial position, Conserv FS is among the premier ag supply companies in the geography it serves. The Conserv FS vision is to be the best, most innovative and diversified agricultural cooperative. 

 

Commercial Credit Manager

                                               

REPORTS TO:  Business Services Manager                                         STATUS:  Exempt

 

SALARY FROM $70,000 / year

                                                                                               

PURPOSE AND SUMMARY STATEMENT

 

Directs and coordinates activities of credit investigations and collecting delinquent accounts of customers by performing the following duties personally or through co-workers.

ESSENTIAL JOB FUNCTIONS

 

Coordinates activities for investigating and verifying financial status and reputation of prospective customers applying for credit, preparing documents to substantiate findings, and recommending rejection or approval of applications.

Establishes credit limitations on customer accounts and handles special credit arrangements and deviations from standard terms of payment.

Investigates or initiates possible legal action and collection for insufficient checks and delinquent invoices.

Establishes and updates customers' credit activities.

Reviews collection reports to ascertain status of collections and balances outstanding and to evaluate effectiveness of current collection policies and procedures.

Audits delinquent accounts considered to be uncollectible to ensure maximum efforts have been taken before recommending bad debt status to account.

Coordinates with others, including personnel in company branches and credit card companies, to exchange information and update controls.

Assists management in the formulation of credit policies.

Reviews delinquent account records to determine which customers must be contacted for collection of overdue accounts.

Organizes collection work according to degree and amount of delinquency for collection.

Drafts letters and correspondence for use in collection attempts.

Verifies accuracy of accounts.

Coordinates activities of other employees in related credit activities.

Determines work procedures for credit and collections.

Studies and standardizes procedures to improve efficiency.

Prepares reports for management on credit and collection activities.

Addresses and handles complaints from custom