Credit Manager

Ferguson is currently seeking a Market Credit Manager for our Pompano Beach, FL location. If you have familiarity and experience with credit, collections and accounts receivable coupled with an interest in contributing directly to the bottom line of a multi-billion-dollar organization, this is the position for you!

As a Market Credit Manager, you will administer the daily credit and collection management duties of the credit department within the guidelines set forth in the company credit policy manual consistent with the various approval limits assigned to each credit manager. The execution of this task must be accomplished in the manner which is both sales supportive, minimizes credit losses and maximizes return on accounts receivable investment.

Responsibilities

• Shared credit operation managing the A/R for our South Florida Waterworks business.
• Conduct credit investigations on existing and potential customers to extend or raise credit limit
• Review credit information obtained, evaluate the credit risk and approve or decline credit accounts
• Monitor monthly balances of customers
• Follow closely the course of aging accounts and determine action to be taken on delinquent accounts
• Plan and maintain a program for the systematic follow-up and collection of receivables
• Review and manage credit limits daily
• Review lien filing report daily to protect and enforce bond and lien rights
• Follow up on disputes in a timely manner and work with salespeople and customers to resolve.
• Facilitate bad debt recovery by monitoring potential write-offs and collecting on previous write-offs, and taking legal action when necessary
• Obtain and maintain a working knowledge of all local, state, and federal laws and regulations pertaining to the management and collection of accounts receivable including but not limited to: Anti-Trust, Liens, Bonds Fair Debt Collection Act, Equal Credit Opportunity Act, Record Retention, Sarbanes-Oxley, and the Uniform Commercial Code
• Work with customers in the branch and visit them onsite regularly, either with salespeople or alone.
• Extend credit to customers in accordance with established company policies and terms in a timely manner
• Personally handle major accounts requiring individual attention, marginal accounts, problem accounts, special credit arrangements, and deviations from standards
• Provide direction and guidance to less experienced team members
• Regular travel within a defined area will be necessary
• Performing other duties and functions as requested by management

Qualifications

A successful Market Credit Manager will possess the following:

• Bachelor’s degree in the finance or equivalent work experience
• 3 years of professional credit management experience in construction distribution
• Ability to be meet with customers on a frequent and ongoing basis
• Ability to be onsite and in the office to meet with and collaborate with sales leadership
• Strong verbal and written communication skills
• Good judgment, problem solving skills, and ability to negotiate

Ferguson is dedicated to providing meaningful benefits programs and products to our associates and their families—geared toward benefits, wellness, financial protection, and retirement savings. Ferguson offers a competitive benefits package that includes medical, dental, vision, retirement savings with company match, paid leave (vacation, sick, personal, holiday, and parental), employee assistance programs, associate discounts, community involvement opportunities, and much more!

Job Type: Full-time

Pay: $75,000.00 - $85,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• AD&D insurance
• Dental insurance
• Disability insurance
• Employee discount
• Flexible spending account
• Health insurance
• Health savings account
• Life insurance
• Opportunities for advancement
• Paid sick time
• Paid time off
• Parental leave
• Referral program
• Retirement plan
• Vision insurance

Experience level:

• 3 years

Schedule:

• Monday to Friday

Supplemental pay types:

• Performance bonus

Experience:

• Accounting: 2 years (Required)

Ability to Commute:

• Pompano Beach, FL 33069 (Required)

Work Location: In person