Credit Analysis Manager jobs in Lansing, MI
Credit Analysis Manager develops and implements procedures for analyzing the creditworthiness of prospective and current customers. Manages a group of credit analysts and approves requests for credit extensions based on analyst recommendations. Being a Credit Analysis Manager may personally handle larger/more complex accounts. Requires a bachelor's degree. Additionally, Credit Analysis Manager typically reports to a head of a unit/department. The Credit Analysis Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Extensive knowledge of department processes. To be a Credit Analysis Manager typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required. (Copyright 2024 Salary.com)
Recently Added Credit Analysis Manager jobs
- Awi Leasing Llc
-
Lansing, MI
FULL_TIME
-
The Auto Parts Credit Manager is responsible for overseeing all aspects of credit and collections for the auto parts division of the company. This includes evaluating the creditworthiness of customers, establishing credit limits, monitoring accounts receivable, and ensuring timely payment collection. The Credit Manager works closely with sales teams, customers, and internal stakeholders to manage credit risk effectively while maintaining strong customer relationships.
Responsibilities include:
Credit Assessment: Evaluate the creditworthiness of new and existing customers using financial statements, credit reports, and other relevant information.- Credit Policy Development: Develop and implement credit policies and procedures tailored to the auto parts industry, ensuring compliance with company guidelines and industry regulations. Work in conjunction with the sales team and management to ensure company policies are followed as well encouraging sales growth and profitability.
- Credit Limit Determination: Establish appropriate credit limits for customers based on their financial stability, payment history, and market conditions.
- Customer Onboarding: Manage the credit approval process for new customers, including reviewing credit applications, conducting credit checks, and setting up credit terms.
- Collections Management: Monitor accounts receivable aging reports and take proactive measures to collect overdue payments. Coordinate with collection agencies or legal counsel as necessary.
- Dispute Resolution: Investigate and resolve billing discrepancies or disputes with customers in a timely manner to maintain positive relationships and ensure prompt payment.
- Risk Mitigation: Identify potential credit risks and develop strategies to mitigate them, such as implementing credit insurance or requiring security deposits.
- Reporting and Analysis: Prepare regular reports on key credit metrics, such as DSO (Days Sales Outstanding) and bad debt reserves, and provide analysis to senior management to support decision-making.
- Collaboration: Work closely with sales teams to balance credit risk with revenue generation objectives, providing guidance on credit terms and customer negotiations.
- Continuous Improvement: Stay updated on industry trends, best practices, and regulatory changes related to credit management, and recommend improvements to enhance efficiency and effectiveness.
- Bachelor's degree in finance, accounting, business administration, or related field.
- Previous experience in credit management, preferably in the auto parts industry or a related field.
- Strong understanding of financial analysis, credit risk assessment, and collections processes.
- Excellent communication and negotiation skills, with the ability to interact effectively with customers and internal stakeholders.
- Proficiency in financial software and Microsoft Office suite, particularly Excel for data analysis.
- Attention to detail and ability to prioritize tasks in a fast-paced environment.
- Knowledge of relevant regulations, such as Fair Credit Reporting Act and bankruptcy laws, is a plus.
Working Conditions: The job typically operates in an office environment, although some travel may be required to visit customers or attend industry events. The Credit Manager may need to work extended hours during busy periods or to meet deadlines.This job description outlines the key responsibilities and qualifications for an Auto Parts Credit Manager role, but specific duties may vary depending on the company's size, industry, and organizational structure.
- 13 Days Ago
- AUTO WARES INC GROUP
-
Lansing, MI
OTHER
- Job Details Level: Management Job Location: Auto Value Lansing - Lansing, MI Salary Range: $70,000.00 - $80,000.00 Salary/year Credit ManagerThe Auto Parts Credit Manager is responsible for overseeing...
- 15 Days Ago
- Michigan Credit Union League
-
Lansing, MI
FULL_TIME
- Organization: Consumers CU Date Posted: March 5, 2024 Region: Mid-Michigan Location of Position: Lansing Position Level: Managerial The Consumers Credit Union team is looking to hire a passionate Offi...
- 1 Month Ago
- Michigan Credit Union League
-
Lansing, MI
FULL_TIME
- Organization: Lake Trust CU Date Posted: February 9, 2024 Region: Mid-Michigan Location of Position: Lansing Position Level: Managerial The Member Experience Manager is passionate about leading and in...
- 6 Days Ago
- ParkLand Ventures, Inc. (MHP Manager LLC)
-
Perry, MI
FULL_TIME
- Job DescriptionProperty Management Company is seeking a self-motivated, organized, goal-oriented individual to join our winning team as a Community Manager to lead a Manufactured Housing Community in ...
- 21 Days Ago
- Lake Trust Credit Union
-
Lansing, MI
FULL_TIME
- Member Experience Associate -Okemos More Than A Job! Why do you work each day? To us, our jobs are not just something we do to make a living, it’s a way to live. We work to support our members; whethe...
- 17 Days Ago
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0 Credit Analysis Manager jobs found in Lansing, MI area
- Bankers Life
-
Lansing, MI
- Bankers Life®, one of the most respected brands in the Financial Services industry, is seeking ambitious individuals to ...
- 4/16/2024 12:00:00 AM
- Modern Woodmen of America
-
Holt, MI
- Who we are: Modern Woodmen Fraternal Financial and MWA Financial Services. A not-for-profit financial planning organizat...
- 4/15/2024 12:00:00 AM
- National Financial Literacy Or
-
Lansing, MI
- Job Description Job Description We are looking for individuals to sales our Financial literacy, and credit services cons...
- 4/15/2024 12:00:00 AM
- Abacus Service Corporation
-
Lansing, MI
- Job Description: For the Temporary Grant Specialist: We would like to look at candidates within an hourly range scale. P...
- 4/14/2024 12:00:00 AM
- Under Armour
-
Haslett, MI
- Responsibilities The Assistant Store Manager supports the Store Manager in the daily operations of the store This includ...
- 4/14/2024 12:00:00 AM
- Under Armour
-
Grand Ledge, MI
- Responsibilities The Assistant Store Manager supports the Store Manager in the daily operations of the store This includ...
- 4/14/2024 12:00:00 AM
- AAA-The Auto Club Group
-
Lansing, MI
- AAA - The Auto Club Group, is seeking ambitious, business-minded, and visionary Entrepreneurial Agency Owners to join ou...
- 4/13/2024 12:00:00 AM
- Abacus Service Corporation
-
Lansing, MI
- The State of Michigan is looking for an Financial Analyst for the Civil Service Commission within the Miliary Affairs Ce...
- 4/13/2024 12:00:00 AM
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