[Close] 

US Credit Manager

Company Name:
Wolverine World Wide
Oversees and controls the U.S. credit and collections and accounts receivable operations ("Credit Department") for the Company, and works closely with the Global Credit Director to implement processes, procedures, practices and reporting that is consistent with global credit policy.
Coordinates reporting of financial and operational metrics for the Credit Department, such as Days Sales Outstanding, Aged Accounts Receivable, and Cash Collections, as agreed with the Global Credit Director. Explains significant changes, and takes corrective actions, as needed. Assists in developing and implementing new and revised procedures processes to improve effectiveness and eliminate inefficiencies.
Manages the process related to the analysis of new and existing US customer accounts, and the establishment and approval of appropriate credit lines in accordance with credit policy.
Oversees the order-release process for customers subject to credit-hold, and provides appropriate guidance to staff in determining under what conditions orders should be released, thus maximizing sales while minimizing credit risk. Monitors related communications to Wolverine World Wide (WWW) commercial organization and customers.
Monitors collections activities conducted by the Credit staff. Develops collection procedures that are timely and decisive to enhance cash flow and reduce aged balances. Manages the relationship with any third parties to whom WWW has outsourced collection activities, and monitors their performance. Conducts periodic reviews and audits of collection activities related to past-due accounts, new accounts and accounts placed for collection.
Oversees the activities surrounding cash application and deductions management.
Supervises the development and issuance of periodic and ad-hoc credit / accounts receivable / DSO reporting.
Using criteria consistent with global credit policy, assists in the development of the U.S allowance for bad debts submitted to the corporate finance team.
Oversees filing of the needed paperwork for distressed debtors within the time frame allotted and notifies appropriate distribution centers and sales force.
Provides guidance for staff development and advancement.
Represents the company through participation in Industry and National Credit Organizations.
Performs duties consistent with the company's AAP/EEO goals and policies.
Performs other duties as required/assigned by manager.
Bachelor's degree in Accounting, Finance or related field.
At least 5 years experience in a wholesale credit, receivables or finance environment, preferably in the footwear or apparel industry
Minimum 3 years supervisory experience
CCE (Certified Credit Executive) and/or professional certification in Finance / Accounting preferred
Excellent analytical skills to interpret financial statements and the significance of key financial ratios.
Demonstrated proficiency with PC's, including Excel and Word. Must have experience creating and revising spreadsheets.
Proficient and knowledgeable in SAP, RAM, BW & Windows.
Strong interpersonal, leadership and coaching skills.
Excellent written and verbal communication skills.
Ability to work with all levels within the organization.
Ability to handle multiple tasks in an effective, timely and professional manner.
Able and willing to travel for company as needed.

Don't Be Fooled

The fraudster will send a check to the victim who has accepted a job. The check can be for multiple reasons such as signing bonus, supplies, etc. The victim will be instructed to deposit the check and use the money for any of these reasons and then instructed to send the remaining funds to the fraudster. The check will bounce and the victim is left responsible.