Credit Manager
Oviedo, FL - USA
Job Summary
In this role you will be responsible for evaluating customer creditworthiness managing credit limits and leading collection efforts to optimize DSO and minimize bad debt. The Credit Manager serves as a key business partner across Sales Accounts Receivable and Finance; ensures regulatory compliance with PACA (Perishable Agricultural Commodities Act) FDACS (Florida Department of Agriculture and Consumer Services) and related agricultural credit regulations; and produces annual credit risk reporting.
Primary Responsibilities and Duties:
- Review and process customer credit applications credit limit increase requests and credit hold override requests using Blue Book Produce Reporter Dun & Bradstreet FDACS Moodys Sunbiz and trade references; obtain required internal approvals.
- Maintain credit limits and monitor portfolio risk exposure based on credit bureau data financial reports and payment history. Prepare and monitor monthly AR reports including aging summaries and DSO (Days Sales Outstanding) metrics.
- Coordinate collection efforts and dispute resolution with Sales personnel and customers.
- Pursue PACA FDACS (agricultural bond claims) DRC (Dispute Resolution Corporation) bankruptcy court and other legal action on delinquent doubtful and bankrupt accounts. Maintain subscriptions and company profiles with each of the agencies to ensure service continuation.
- Establish and maintain credit with vendors across business units. Administer and maintain credit cards with certain vendor retailers and wholesalers.
- Analyze existing and potential commercial property credits as requested by the Asset Management Team.
- Publish annual Credit and Collection Management Report covering receivable agings carrying costs bad debt and deductions/allowances by business unit along with a risk assessment of all customers vendors banks insurers and commercial property tenants.
- Reconcile all AR-related GL accounts including sales manager allowances bad debt and clearing accounts. Develop and maintain credit policies and procedures to manage risk improve collection efficiency and align with the companys financial goals and risk tolerance.
- Prepare and/or review monthly AR agings submissions to Blue Book Produce Reporter and Moodys. Maintain credit agency subscriptions and Duda company profiles for Blue Book Moodys D&B and DRC. Submit annual financial statements as requested.
- Prepare all interim and year-end audit documentation requests on credit and receivables including agings delinquent account statuses un-invoiced order reports order holds bad debt write-offs and commercial property credit analyses.
- Bachelors degree in Business Finance Economics or related field is required
- 5 years of experience in credit management or a related financial role
- Agricultural or food industry experience strongly preferred
- NACM Advanced Credit Designation preferred
- Experience with credit analysis tools (Blue Book Produce Reporter D&B Moodys Sunbiz and FDACS databases)
- Proficiency in ERP/Accounting systems AR subledger management and advanced Microsoft Excel skills required
- DRC (Dispute Resolution Corporation) processes for cross-border dispute resolution preferred
Benefits:We offer a comprehensive benefits package including medical dental and vision insurance 401K flexible spending accounts tuition reimbursement paid time off and more. Visit our website at more information.
Application Details:
- No relocation assistance is available.
- Duda is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race color religion sex national origin sexual orientation gender identity disability or protected veteran status.
Required Experience:
Manager
About Company
With a rich history spanning over 90 years, we have the right amount of past to meet our future. DUDA is a family-owned and -operated business that has matured from a farming company into a diversified land company with 4 balanced pillars of operation. ; We can proudly say that we pr ... View more