Corporate Credit Manager

About Olympic Steel

Since 1954, Olympic Steel has been focused on safe, profitable, and sustainable growth through the direct sale of a wide range of processed metal products and several metal-intensive branded products. Guided by our Core Values, we put safety first – always, and we believe in cultivating an inclusive workplace where employee belonging, and empowerment are foundational to everything we do. Olympic Steel offers employees the best of both worlds: the culture and community of a closely connected team with the resources, opportunity and stability of a large, growing organization. Learn more about Olympic Steel at iamolympicsteel.com.

Job Description

The Credit Manager manages the credit function for a defined division/region of the company. This position is responsible for executing credit, collections, and accounts receivable policies and procedures, as well as managing the activities of the credit staff in a defined division/region of the company.

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


• Researches and investigates billing issues for corrective action


• Prepares management reports and maintains credit files to meet “Due Diligence” requirements


• Extends credit to customers in accordance with the established company policy and terms


• Analyzes requests for credit to ascertain what information and security will be required to arrive at a sound decision


• Establishes credit lines for individual accounts and makes all credit arrangements


• Handles credit beyond subordinates’ authority, major accounts requiring individual attention, marginal accounts, problem accounts, special credit arrangements, and deviations from standard


• Works with quality control to provide explanations for denial of rejected material to customers


• Maintains credit records to monitor credit lines


• Establishes/Maintains credit limitations on customer accounts within acceptable standards


• Audits delinquent and “uncollectible” accounts, ensuring efforts have been taken before assigning bad debt status to account


• Classifies accounts according to credit risks and contacts customers for payment


• Audits customers’ accounts to ensure proper application of funds


• Maintains database of customers’ information, updating limits and records every 18 months


• Meets with customers to improve credit relationships and obtain financial information


• Handles credit inquires and correspondence


• Follows closely the course of aging accounts and determines action to be taken on delinquent accounts

Qualifications

• Bachelor’s Degree in related field


• 3+ years of commercial credit experience


• NACM Member


• Ability to participate in preventative actions where appropriate, conduct corrective actions and perform problem solving analysis and reporting as required


• Skilled at Microsoft Office Applications


• Skilled at interpersonal, verbal and written communication
  


• Ability to observe and comply with all safety, environmental, regulatory, and statutory requirements

Why Work for Olympic Steel

Olympic Steel offers comprehensive benefits, including:

• Medical, dental, and vision benefits


• Paid holidays and vacation


• 401(k) with employer match


• Tuition reimbursement & Employee Discount Programs


• Referral program

We offer more than a competitive total compensation package. We provide our employees the ability to build a meaningful life-long career. When you work at Olympic Steel, you can make a significant impact – at our company, in the local community and in the world. For a comprehensive view of our benefits visit Steelperks.com.