Credit Manager

Lets share a little about FBS and then we welcome you to apply:

• We are so proud to be 100% Employee Owned. We hire owners not employees! This means that employees earn ownership in our company through their work and build their net worth based on the companys change in value over time.
• For our fifth consecutive year we ranked in the Top 10 Best Places to work in Idaho.
• Franklin Building Supply is a lumber and building material company that has been in business for more than 45 years. We have locations spread across Idaho and one in Nevada.
• We supply just about everything besides plumbing and electrical to build homes. Our focus is on serving professional home builders. Along with supplying materials we install a wide range of products including framing overhead doors insulation gutters siding and more. We also manufacture some products including trusses cabinets doors and granite countertops.
• Our company is full of outstanding people who have been working for Franklin Building Supply for 10 20 or 30 years. Were working harder than anyone else in our market to get better every day adding value for customers and improving the value of our company for our employee-owners.
• We are committed to working safer smarter and more efficiently than ever before. We are making significant investments in tools equipment training and positions like this to help our team reach its potential.
• Along with competitive compensation we offer competitive benefits that would be expected including medical/Rx vision and dental insurance 401(k) paid time off holiday pay disability &

Primary Purpose: The Credit Manager holds the responsibility of formulating and executing effective credit and collection policies across multiple operations/locations. This pivotal role ensures the safeguarding of company assets and involves training other employees on these processes.

Duties and Responsibilities:

• Credit Portfolio Management: Skillfully manage customer credit portfolios for multiple operations/locations applying sound judgment.
• Credit Approval: Lead the credit approval process and the initiation of new accounts and jobs.
• Lien Management: Prepare and file liens for multiple locations meticulously maintaining the lien log on a weekly basis.
• Collections: Skillfully manage the collection of customer account debt and the retrieval of significant balances.
• Aging Analysis: Regularly review monthly aging reports collaborating with location and regional management for effective action.
• Payment Handling: Supervise the accurate and timely posting of all payments.
• Staff Development: Continuously develop and train Accounts Receivable (A/R) staff and other employees as necessary.
• Bad Debt Analysis: Maintain a proactive bad debt accrual/write-off analysis and submit collections throughout the year.
• Supervisory Role: Effectively carry out supervisory responsibilities including hiring managing coaching mentoring developing and if necessary terminating employees.
• Collaborative Skills: Collaborate effectively with the sales team and other departments to address customer issues and enhance process efficiencies.
• Cash Handling: Manage the daily cash count needs for operation(s) including basic accounting and supply functions as assigned by corporate accounting staff.
• Bank Deposits: Oversee daily bank deposits for assigned operations.
• A/R Department Coverage: Ensure consistent coverage of the A/R department during store business hours from Monday to Friday.
• Standard Work: Improve and maintain uniform credit procedures following the standard work.
• Proactive Red Flag Reporting: Alert profit center GM and Regional Manager to any red flags and critical issues.
• Credit Risk Management: Continuously manage customer credit limits and accounts to align with sales requirements customer circumstances and credit risk management protocols.
• Ad Hoc Tasks: Be willing to undertake other duties as assigned.

Qualifications:

• Outstanding Communication: Exceptional communication skills both written and verbal.
• Management Experience: Experience in managing teams and leading them effectively.
• Credit/Lending: Background or expertise in credit and lending practices.
• Relationship Management: Proficient in building and managing relationships.
• Team Player: A consummate team player fostering a collaborative work environment.
• Strong Work Ethic: Demonstrate a strong work ethic motivating the team to excel.
• A/R and Collections: Experience in Accounts Receivable and effective collections practices.

Strongly Preferred Skills:

• Educational Background: Possession of a degree in business finance accounting economics or related fields.
• Construction Industry: Knowledge or prior experience in the construction industry.
• Software Proficiency: Proficiency in using and understanding BisTrack or similar software.
• Microsoft Skills: Proficiency in using and understanding Microsoft programs including Word Excel and Outlook.

If you are equipped with these skills and qualifications and are excited to take on a pivotal role in credit and collections management we encourage you to apply for this position.