Assistant Market Credit Manager

Posted 2 Days Ago
Be an Early Applicant
Chantilly, VA
Mid level
Other • Retail
The Role
The Assistant Market Credit Manager will evaluate credit risk, approve or decline accounts, manage credit customer communications, and oversee the credit and accounts receivable functions. The role focuses on improving payment schedules and collection percentages, and requires building relationships with customers and the sales team.
Summary Generated by Built In

Job Posting:

Since 1953, Ferguson has been a source of quality supplies for a variety of industries. Together We Build Better infrastructure, better homes and better businesses. We exist to make our customers’ complex projects simple, successful, and sustainable. We proactively solve problems, adapt and grow to continuously serve our customers, communities and each other. Ferguson is proud to provide best-in-class products, service and capabilities across the following industries: Commercial/Mechanical, Facilities Supply, Fire and Fabrication, HVAC, Industrial, Residential Trade, Residential Building and Remodel, Waterworks and Residential Digital Commerce. Ferguson has approximately 36,000 associates across 1,700 locations. Ferguson is a community of proud associates who operate with the shared purpose of building something meaningful. You will build a career that you are proud of, at a company you can believe in.

We are currently seeking the right individual to fill an immediate need for an Assistant Market Credit Manager for our Chantilly VA 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!

Responsibilities:

  • Review obtained credit information, evaluate credit risk, and approve or decline credit accounts, in accordance with established company policies and terms, in a timely manner.
  • Conduct or supervise credit investigations on existing and potential customers to extend or raise credit limit and monitor exposure.
  • Contact credit customers through phone, e-mail or on-site visits regarding their balance due, contributing to prompt payments. Ensure regular follow-up with customers.
  • Build relationships with customers and sales team through routine communication and visitation. Regular discussion of A/R strategy in cooperation with Market Credit Manager.
  • Focus on improving customer payment schedules, increasing Ferguson’s collection percentage and reducing Days Sales Outstanding (DSO), past due balances, write-offs, and disputes.
  • Understand and maintain lien and bond rights, through creation and monitoring of customer job accounts.
  • Manage the evaluation of the credit and accounts receivable functions of potential acquisitions/divestitures. Creates and maintains transition service agreements as they relate to credit/AR.
  • Execute reviews of the customer deduction process to ensure timely and accurate resolution.
  • Keep management informed concerning the status of customers and receivables.
  • Adhere to Company compliance and Health Safety and Environment (HSE) policies, procedures, and requirements.

Qualifications:

  • 3 yrs Credit Management Experience preferred
  • 3 yrs Experience in Credit, Collections, and/or Accounts Receivables in the industry
  • Self-confident, strong communication skills and inquisitive
  • Ability to react swiftly to new information and handle conflict professionally.
  • Good judgment, problem solving skills, and ability to see the “big picture”
  • Handle stress, manage time and people and analyze numbers
  • Skilled in problem solving.
  • Proficiency in Microsoft office (Word, Excel, Outlook, OneNote) preferred.
  • Knowledge of credit fundamentals (ex: financial statement analysis, secondary securities, contract/bankruptcy law, etc.).

At Ferguson, we care for each other. We value our well-being just as much as our hard work. We are committed to a holistic approach towards benefits plans and programs that support the mental, physical and financial well-being of our associates. Our competitive offering not only includes benefits like health, dental, vision, paid time off, life insurance and a 401(k) with a company match, but our associates also enjoy additional meaningful and inclusive enhancements that are adaptable to their diverse situations and needs, including mental health coverage, gender affirming and family building benefits, paid parental leave, associate discounts, community involvement opportunities and more!

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Pay Range:

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$3,536.10 - $7,801.20

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Estimated Ranges displayed are Monthly for Salaried roles OR Hourly for all other roles.

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This role is Bonus or Incentive Plan eligible.

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Ferguson complies with all wage regulations. The starting wage may be higher in certain locations based on local or state wage requirements.

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The Company is an equal opportunity employer as well as a government contractor that shall abide by the requirements of 41 CFR 60-300.5(a), which prohibits discrimination against qualified protected Veterans and the requirements of 41 CFR 60-741.5(A), which prohibits discrimination against qualified individuals on the basis of disability.

Ferguson Enterprises, LLC. is an equal employment employer F/M/Disability/Vet/Sexual Orientation/Gender Identity.

Equal Employment Opportunity and Reasonable Accommodation Information

The Company
HQ: Newport News, VA
17,243 Employees
On-site Workplace
Year Founded: 1953

What We Do

Ferguson plc (NYSE: FERG; LSE: FERG) is a leading North American value-added distributor providing expertise, solutions, and products from infrastructure, plumbing and appliances to HVAC, fire, fabrication and more. We exist to make our customers’ complex projects simple, successful and sustainable. Ferguson Enterprises, LLC is the largest operating subsidiary of Ferguson plc. For more information on Ferguson plc, please visit www.fergusonplc.com.

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